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Quisitive Technology Solutions Inc. (V:QUIS)

Business Focus: IT Services & Consulting

Sector:  Technology Industry:  IT Services & Consulting
See Regulatory Filings on SEDAR
Company Contact
Address: 161 Bay St Suite 2325
Tel: N/A
IR: See website
Key People
Business Overview
Quisitive Technology Solutions, Inc. is a Canada-based digital technology consulting company. The Company provides solutions that enables enterprise organizations to move and operate in the cloud. The Company provides software as a service solutions. Its solutions include CRG emPerform and LedgerPay. CRG emPerform is an employee performance management software for small and medium-sized businesses. CRG emPerform enables online performance reviews and self-assessments, online surveys and questionnaires, compensation management and integrated 360-degree reviews. LedgerPay is a cloud-based payment processing and data insights product platform that leverages artificial intelligence (AI), machine learning and blockchain technology. The Company's subsidiaries include Fusion Agiltech Partners, Inc., Corporate Reneassance Group, Quisitive Ltd., Ledgerpay, Inc., Menlo Technologies, Inc., Support Solutions, Inc. and Menlo Software India Private Limited.
Financial Overview
For the six months ended 30 June 2020, Quisitive Technology Solutions Inc revenues increased from $8.1M to $24M. Net loss increased from $2.5M to $10.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Change in fair value of derivative liabi increase from $0K to $8.5M (expense), General and administrative increase from $1.5M to $3.5M (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $158.80M as of Jun 30, 2020
Annual revenue (TTM): $45.11M as of Jun 30, 2020
EBITDA (TTM): $3.70M as of Jun 30, 2020
Net annual income (TTM): -$19.75M as of Jun 30, 2020
Free cash flow (TTM): $4.30M as of Jun 30, 2020
Net Debt Last Fiscal Year: $7.10M as of Jun 30, 2020
Shares outstanding: 192,705,310 as of Sep 24, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization