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Pivotree Inc. (V:PVT)

Business Focus: IT Services & Consulting (NEC)

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