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Liberty Defense Holdings Ltd. (V:SCAN)

Business Focus: Electronic Equipment & Parts (NEC)

Sector:  Technology Industry:  Electronic Equipment & Parts
 
Company Contact
Address: 187 Ballardvale St, Suite 110
WILMINGTON MA 01887
Tel: N/A
Website: https://libertydefense.com
IR: See website
Key People
Daryl Rebeck
Chairman of the Board
Michael Lanzaro
President, Chief Technology Officer
William Frain
Chief Executive Officer, Director
Omar Garcia Abrego
Chief Financial Officer, Corporate Secretary
   
Business Overview
Liberty Defense Holdings, Ltd. is a technology provider of artificial intelligence (AI)-based detection solutions for protecting secure locations against prohibited weapons and other threats. The Company is principally engaged in the commercialization of an active three-dimensional (3D) imaging technology system, HEXWAVE, to detect concealed threats. The Company provides multi-technology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security, such as airports, stadiums, schools, and more. Its HEXWAVE product provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons using active 3D imaging technology. It also offers millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio.
Financial Overview
For the fiscal year ended 31 December 2023, Liberty Defense Holdings Ltd revenues increased from $0K to $1.5M. Net loss decreased 23% to $9.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Labor & Related Expenses in R&D decrease of 43% to $2.8M (expense), Stock based compensation decrease of 71% to $512K (expense), Office.
Employees: 27 as of Dec 31, 2021
Reporting Currency: U.S. Dollars
Enterprise value: $30.22M as of Dec 31, 2023
Annual revenue (TTM): $2.04M as of Dec 31, 2023
EBITDA (TTM): -$10.86M as of Dec 31, 2023
Net annual income (TTM): -$12.81M as of Dec 31, 2023
Free cash flow (TTM): -$7.87M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1.98M as of Dec 31, 2023
Shares outstanding: 161,469,674 as of Apr 2, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization