Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Rift Valley Resources Corp. (C:RVR)

Business Focus: Wireless Telecommunications Services (NEC)

Sector:  Telecommunications Services Industry:  Wireless Telecommunications Services
 
Company Contact
Address: Suite 804 750 West Pender Street
VANCOUVER BC V6C 2T7
Tel: N/A
Website: https://riftvalleyresources.ca
IR: See website
Key People
N/A    
Business Overview
Rift Valley Resources Corp. is a Canada-based company. The Company's principal business activity was the evaluation of a wireless service business and other business opportunities. The Company's wholly owned subsidiary, Ruralink Wireless Inc., is engaged in supplying wireless broadband services. The Company has not generated any revenue or positive cash flows from operations.
Financial Overview
For the nine months ended 30 September 2022, Rift Valley Resources Corp revenues was not reported. Net income totaled C$34K vs. loss of C$775K. Net income reflects Consulting fees decrease of 88% to C$83K (expense), Interest income increase of 57% to C$123K (income), Stock-based compensation decrease from C$35K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $5.35M as of Sep 30, 2022
Annual revenue (TTM): $0.00M as of Sep 30, 2022
EBITDA (TTM): -$0.16M as of Sep 30, 2022
Net annual income (TTM): -$0.02M as of Sep 30, 2022
Free cash flow (TTM): -$0.02M as of Sep 30, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 104,348,807 as of Sep 30, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization