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Uniserve Communications Corporation (V:USS)

Business Focus: Internet Service Providers

Sector:  Telecommunication Services Industry:  Integrated Telecommunications Services
 
See Regulatory Filings on SEDAR
Company Contact
Address: 333 Terminal Ave Suite 330
VANCOUVER BC V6A 4C1
Tel: N/A
Website: https://www.uniserve.com
IR: See website
Key People
Michael Curt Scholz
Chairman of the Board, Interim Chief Executive Officer
Kelly Ali Walker
President, Director
Andy Prpic
Chief Financial Officer
Owen Stewart Morley
Chief Technology Officer
Murray Caruth
Corporate Secretary
 
Business Overview
Uniserve Communications Corporation is engaged in the provision of Internet access and telecommunications communications services primarily in British Columbia (B.C.) and Alberta. The Company focuses on providing data, telecommunication, and information technology (IT) solutions to small and medium businesses. It also provides security and alarm services. It offers commercial physical security services in Alberta. Its managed services offerings include around the clock Internet connectivity, secure systems by way of automatic backups and firewall solutions, as well as the ability to offer site surveillance services. It also offers voice over Internet protocol (VoIP) telephone packages; cTera Backup, a platform, which provides users with a backup system that combines local storage, cloud storage, data protection and collaborative capabilities in a package; uniflow, a bonded broadband solution for businesses; unihost, a Web hosting and domain registration solution; uninet, and uniflex.
Financial Overview
For the nine months ended 29 February 2020, Uniserve Communications Corporation revenues decreased 16% to C$7.9M. Net loss increased 2% to C$2.4M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Impairment of Goodwill increase from C$0K to C$550K (expense), Amortization of property and equipment increase of 42% to C$537K (expense).
Employees: 60 as of May 31, 2003
Reporting Currency: Canadian Dollars
Enterprise value: $5.82M as of Feb 29, 2020
Annual revenue (TTM): $9.90M as of Feb 29, 2020
EBITDA (TTM): -$1.48M as of Feb 29, 2020
Net annual income (TTM): -$2.06M as of Feb 29, 2020
Free cash flow (TTM): -$2.00M as of Feb 29, 2020
Net Debt Last Fiscal Year: $1.98M as of Feb 29, 2020
Shares outstanding: 61,079,305 as of Mar 9, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization