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RenoWorks Software Inc. (V:RW)

Business Focus: Software (NEC)

Sector:  Technology Industry:  Software
 
Company Contact
Address: 2721 Hopewell Place NE
CALGARY AB T1Y 7J7
Tel: 1-877-9803880
Website: https://www.renoworks.com
IR: See website
Key People
Doug Vickerson
Chief Executive Officer, Director
Debbie Carter Ross
Chief Financial Officer
 
Business Overview
Renoworks Software Inc. is a Canada-based company that develops and sells digital visualization software and integration solutions for the remodeling and new home construction industry. The Company delivers its technology to manufacturers, contractors, builders, and retailers offering solutions to the home improvement industry's challenges, enabling homeowners to review their product selections in a hyper-realistic, virtual environment before committing to purchases and construction. Its business lines include Renoworks Enterprise, Renoworks PRO, Renoworks Design Services, Renoworks FastTrack, and Renoworks API (Application Programming Interface). Its product categories include cabinets, counters, doors, fireplaces, flooring, garage doors, masonry, painting and coatings, roofing, siding and shutters, windows, and others. Its solutions include Web visualizers, product configurators, three dimensional models and measurements, customer analytics, design services, and others.
Financial Overview
For the nine months ended 30 September 2023, RenoWorks Software Inc. revenues increased 1% to C$4.8M. Net loss decreased 54% to C$285K. Revenues reflect Licensing & hosting segment increase of 21% to C$1.1M, Libraries segment increase of 40% to C$388K, United States segment increase of 11% to C$3.3M, Canada segment increase of 25% to C$130K. Lower net loss reflects Research and development expenses decrease of 7% to C$1.1M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $7.63M as of Sep 30, 2023
Annual revenue (TTM): $5.99M as of Sep 30, 2023
EBITDA (TTM): -$0.97M as of Sep 30, 2023
Net annual income (TTM): -$0.99M as of Sep 30, 2023
Free cash flow (TTM): -$0.69M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 40,664,635 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization