Sector: Industrials | Industry: Industrial Machinery & Equipment |
Company Contact | |
Address: | 4130 - 93rd Street EDMONTON AB T6E 5P5 |
Tel: | N/A |
Website: | www.titanlogix.com |
IR: | See website |
Key People | ||
Nicholas Forbes Chief Executive Officer | Michael Martin Chief Financial Officer |
Business Overview |
Titan Logix Corp. is a Canada-based technology company specializing in mobile liquid measurement solutions. It has designed and manufactured mobile liquid measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquid transportation. Its TD Series of tank level monitors are in mobile fluid measurement. Its solutions are designed for hazardous and non-hazardous applications, and it serves customers in a range of applications, including petroleum, environmental solutions, chemicals, and agriculture. It delivers its mobile tanker solutions to the market through partnerships with original equipment manufacturers, dealers, and private fleets across Canada, the United States, and Mexico. It serves the petroleum, chemical, and water markets with the TD100 series of mobile gauges, offering fleet operators accurate level measurement, reliable overfill protection, and a variety of automation, integration, and control capabilities for their tanker truck operations. |
Financial Overview |
For the six months ended 29 February 2024, Titan Logix Corp revenues increased 8% to C$3.3M. Net loss totaled C$160K vs. income of C$505K. Revenues reflect United States segment increase of 7% to C$2.2M, Canada segment increase of 10% to C$1.1M. Net loss reflects General and administration increase of 77% to C$1.1M (expense), Engineering increase from C$221K to C$616K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $2.33M as of Feb 29, 2024 |
Annual revenue (TTM): | $6.45M as of Feb 29, 2024 |
EBITDA (TTM): | -$0.41M as of Feb 29, 2024 |
Net annual income (TTM): | -$0.58M as of Feb 29, 2024 |
Free cash flow (TTM): | -$0.49M as of Feb 29, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 28,536,132 as of Feb 29, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |