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 |