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Spot Coffee (Canada) Ltd. (V:SPP)

Business Focus: Caf├ęs

Sector:  Consumer Cyclicals Industry:  Restaurants & Bars
 
See Regulatory Filings on SEDAR
Company Contact
Address: 141 Adelaide St W Suite 110
TORONTO ON M5H 3L5
Tel: N/A
Website: www.spotcoffee.com
IR: See website
Key People
Anton Ayoub
President, Chief Executive Officer, Director
Colleen Hobson
Chief Financial Officer
 
Business Overview
SPoT Coffee (Canada) Ltd. (SPoT) is a Canada-based company, which designs, builds and operates community-oriented cafes in the United States. The Company offers both Spot Coffee Full Cafe and Spot Coffee Express across the State of New York. SPoT's business focuses on retail stores, business accounts and third-party resellers. Spot Coffee Full Cafes offers a range of point-of-sale items, such as retail coffee, custom packaged snacks and cool merchandise. It is also engaged in franchising its cafes, which include Spot Coffee Hamburg and Spot Coffee Kenmore. Its catering program offers coffee and a selection of breakfast, lunch, dinner and dessert trays. The Company also supplies its roasted gourmet coffee beans. The Company's SPoT Coffee Express is a quick service alternative to its full scale cafes, to its line of franchise offerings.
Financial Overview
For the six months ended 30 June 2019, SPoT Coffee (Canada) Ltd revenues decreased 6% to C$4.2M. Net loss applicable to common stockholders totaled C$382K vs. income of C$5K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Gain on bulk asset sale of subsidiary decrease from C$485K (income) to C$0K, Foreign exchange decrease from C$29K (income) to C$62K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $14.01M as of Jun 30, 2019
Annual revenue (TTM): $8.25M as of Jun 30, 2019
EBITDA (TTM): $0.13M as of Jun 30, 2019
Net annual income (TTM): -$0.64M as of Jun 30, 2019
Free cash flow (TTM): -$0.92M as of Jun 30, 2019
Net Debt Last Fiscal Year: $1.74M as of Jun 30, 2019
Shares outstanding: 135,408,170 as of Nov 7, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization