Sector: Technology | Industry: IT Services & Consulting |
Company Contact | |
Address: | 6300 Northam Drive MISSISSAUGA ON L4V 1H7 |
Tel: | N/A |
Website: | https://pivotree.com |
IR: | See website |
Key People | ||
William Di Nardo Chief Executive Officer, Director | Moataz Ashoor Chief Financial Officer, Chief Administrative Officer, Corporate Secretary | Ted Smith Chief Operating Officer | Kyle Metcalf Chief Revenue Officer |
Business Overview |
Pivotree Inc. is a Canada-based company, which is engaged in frictionless commerce that designs, integrates, deploys, and manages digital platforms in Commerce, Data Management and Supply Chain for retail and branded manufacturers throughout the world. The Company offers a portfolio of digital solutions, managed and professional services to customers with frictionless end-to-end solutions to manage digital commerce platforms, along with ongoing support from strategic planning through platform selection, deployment, and hosting, to data and supply chain management. The Company operates as a single resource to help companies adapt in a digital commerce landscape. Its clients choose solutions and design, build, and connect critical systems to run in a commerce business. The Company's products and services includes commerce, data management, supply chain, and experience strategy. It also serves retail, manufacturing, distributors, and ecommerce industry. |
Financial Overview |
For the fiscal year ended 31 December 2023, Pivotree Inc revenues decreased 12% to C$89.8M. Net loss decreased 20% to C$7.2M. Revenues reflect United States segment decrease of 11% to C$59.8M, Canada segment decrease of 16% to C$22.3M. Lower net loss reflects Salaries and Benefits decrease of 26% to C$8.8M (expense), Amortization and depreciation decrease of 26% to C$6.4M (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $30.47M as of Dec 31, 2023 |
Annual revenue (TTM): | $89.81M as of Dec 31, 2023 |
EBITDA (TTM): | $1.51M as of Dec 31, 2023 |
Net annual income (TTM): | -$7.23M as of Dec 31, 2023 |
Free cash flow (TTM): | -$4.10M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 26,307,857 as of Apr 16, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |