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Visionstate Corp. (V:VIS)

Business Focus: IT Services & Consulting (NEC)

Sector:  Technology Industry:  IT Services & Consulting
 
Company Contact
Address: 8634 - 53 Avenue
EDMONTON AB T6E 5G2
Tel: 1-416-8681079
Website: https://www.visionstate.com
IR: See website
Key People
John A. Putters
President, Chief Executive Officer, Director
Randa Kachkar
Chief Financial Officer, Company Secretary, Director
 
Business Overview
Visionstate Corp. is a Canada-based provider of smart facility-management technology. The Company invests in the research and development of technology in the realm of the Internet of things, big data and analytics, and sustainability. The Company, through its wholly owned subsidiary, Visionstate IoT Inc., helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its devices that track and monitor guest activities and requests. The Company's products include WandaNEXT, wandaMOBILE and ViCCi 2.0. WandaNEXT is a wall-mounted, antimicrobial, wireless touchscreen tablet that enables patrons to notify cleaning staff of specific restroom needs. wandaMOBILE uses Quickscan QR Codes to track the frontline cleaning and maintenance workers. Its WANDA smart device is available for hospitals, airports, shopping centers and other public facilities across and beyond North America.
Financial Overview
For the three months ended 31 December 2023, Visionstate Corp revenues increased from C$87K to C$195K. Net loss decreased 28% to C$80K. Revenues reflect Product sales increase from C$6K to C$89K, Development contracts increase from C$33K to C$78K. Lower net loss reflects Other interest decrease of 18% to C$2K (expense).
Employees: 7 as of Sep 30, 2005
Reporting Currency: Canadian Dollars
Enterprise value: $3.96M as of Dec 31, 2023
Annual revenue (TTM): $0.40M as of Dec 31, 2023
EBITDA (TTM): -$0.88M as of Dec 31, 2023
Net annual income (TTM): -$1.70M as of Dec 31, 2023
Free cash flow (TTM): -$1.16M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.05M as of Dec 31, 2023
Shares outstanding: 191,126,335 as of Apr 12, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization