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Tribe Property Technologies Inc. (V:TRBE)

Business Focus: Real Estate Services (NEC)

Sector:  Real Estate Industry:  Real Estate Services
 
Company Contact
Address: 1606-1166 Alberni Street
VANCOUVER BC V6E 3Z3
Tel: N/A
Website: https://tribetech.com
IR: See website
Key People
N/A    
Business Overview
Tribe Property Technologies Inc. is a property technology company. The Company offers technology-enabled property management services to meet the needs of developers, condominium and residential communities, owners, and residents. The services provided via its technology platform focus on communication, information, education, and protection. Through its technology platform, the Company provides access to important records and documents, simple communication tools, online payment options, bookable amenities, and a ticketing system for residents to notify their developer or management of issues, warranty concerns and deficiencies. Its segments include software and services, software licensing fees, corporate. Software and services refer to the property management business associated with the Company's community-living technology platform. Software licensing fees refers to the deficiency management software provided to developers and rental management software provided to landlords.
Financial Overview
For the nine months ended 30 September 2023, Tribe Property Technologies Inc revenues increased 9% to C$14.3M. Net loss decreased 7% to C$7.2M. Revenues reflect Software Licensing Fees segment increase of 91% to C$261K. Lower net loss reflects Office expenses decrease of 18% to C$2M (expense), Professional fees decrease of 24% to C$886K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.37 to -C$0.34.
Employees: 180 as of Dec 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $13.21M as of Sep 30, 2023
Annual revenue (TTM): $19.03M as of Sep 30, 2023
EBITDA (TTM): -$7.91M as of Sep 30, 2023
Net annual income (TTM): -$9.98M as of Sep 30, 2023
Free cash flow (TTM): -$8.75M as of Sep 30, 2023
Net Debt Last Fiscal Year: $4.92M as of Sep 30, 2023
Shares outstanding: 21,351,194 as of Dec 28, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization