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 |