Sector: Technology | Industry: IT Services & Consulting |
See Regulatory Filings on SEDAR |
Company Contact | |
Address: | 250 Yonge Street, 16th Floor TORONTO ON M5B2L7 |
Tel: | N/A |
Website: | https://pivotree.com |
IR: | See website |
Key People | ||
N/A |
Business Overview |
Pivotree Inc. is a Canada-based company, which is engaged in frictionless commerce with a focus on e-commerce, master data management (MDM), Cloud, Cybersecurity and Supply Chain solutions. The Company is an end-to-end vendor supporting clients from strategy, platform selection, deployment and hosting through to ongoing support. It 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 serves to approximately 170 brands and business-to-consumer (B2C) and business-to- business (B2B) companies. The Company operates in America; Europe, the Middle East and Africa; and Asia-Pacific (APAC). The Company operates through two segments: North America and Europe. |
Financial Overview |
For the fiscal year ended 31 December 2021, Pivotree Inc revenues increased 6% to C$67.5M. Net loss increased from C$5.8M to C$11.6M. Revenues reflect Professional Services segment increase of 51% to C$30.3M, United States segment increase of 8% to C$38M, Canada segment increase of 8% to C$23.7M. Higher net loss reflects Salaries and Benefits increase from C$2.6M to C$5.8M (expense), Salaries and Benefits increase from C$514K to C$1.9M (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $72.83M as of Dec 31, 2021 |
Annual revenue (TTM): | $67.54M as of Dec 31, 2021 |
EBITDA (TTM): | -$5.51M as of Dec 31, 2021 |
Net annual income (TTM): | -$11.59M as of Dec 31, 2021 |
Free cash flow (TTM): | -$8.79M as of Dec 31, 2021 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 25,328,853 as of Mar 14, 2022 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |