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 |