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RIWI Corp. (V:RIWI)

Business Focus: Professional Information Services (NEC)

Sector:  Industrials Industry:  Professional Information Services
 
See Regulatory Filings on SEDAR
Company Contact
Address: 4 DEVONSHIRE PLACE, THE GATEHOUSE
TORONTO ON M5S 2E1
Tel: 1-516-6629461
Website: https://riwi.com
IR: See website
Key People
Greg Wong
President, Chief Executive Officer
Alton Ing
Chief Technology Officer
 
Business Overview
RIWI Corp. is a Canada-based company that provides a global trend-tracking and prediction technology platform. The Company's cloud-based software solutions provide a global digital intelligence platform to clients seeking real-time consumer and citizen sentiment data anywhere in the world in order to improve business performance, evaluate program effectiveness, enhance customer engagement, identify misinformation online, and monitor emerging threats before these threats escalate to violence. Its Research on Mobile (ROM), a platform that matches survey respondents with global survey marketplaces, such as Dynata, Netquest, Cint and Lucid. Its RIWI platform empowers customers to not only collect sentiment data, but also to perform message testing and conduct marketing campaigns that reach people online who are not engaged by traditional digital marketing campaigns. Its customers are leveraging RIWI in a data-as-a-service (DaaS) model as it builds out it global database of information.
Financial Overview
For the nine months ended 30 September 2022, Riwi Corp revenues decreased 42% to $2M. Net loss applicable to common stockholders increased from $171K to $1.2M. Revenues reflect Canada segment decrease of 73% to $286K, United States of America segment decrease of 25% to $1.4M. Higher net loss reflects Sales and marketing - Balancing value increase of 30% to $515K (expense), Consulting and professional fees increase of 41% to $302K (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $4.53M as of Sep 30, 2022
Annual revenue (TTM): $3.54M as of Sep 30, 2022
EBITDA (TTM): -$2.39M as of Sep 30, 2022
Net annual income (TTM): -$2.02M as of Sep 30, 2022
Free cash flow (TTM): $0.24M as of Sep 30, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 18,004,428 as of Sep 30, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization