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GoldMoney Inc. (T:XAU)

Business Focus: Internet Security & Transactions Services

Sector:  Technology Industry:  Internet Services
See Regulatory Filings on SEDAR
Company Contact
Address: 334 Adelaide St W
Tel: N/A
IR: See website
Key People
Roy Sebag
President, Chief Executive Officer, Founder, Director
Steve Fray
Chief Financial Officer
Paul Mennega
Chief Operating Officer
Alessandro Premoli
Chief Technology Officer
Business Overview
GoldMoney Inc, formerly BitGold Inc, is a Canada-based financial technology company. The Company is a precious metals payment network and it is engaged in precious metal investment services. Its objective is to make precious metals-backed savings accessible to all. Goldmoney Holding, powered by the Company's patented technology, is an online account that enables clients to invest, earn, or spend gold, silver, platinum, palladium and cryptocurrencies that are stored in insured vaults in more than six countries. All bullion assets are fully allocated and physically redeemable property. Goldmoney Wealth Limited is regulated by the Jersey Financial Services Commission (JFSC) as a Money Services Business. Goldmoney Network is a reporting entity to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), and is registered with the Financial Crimes Enforcement Network (FinCEN) in the United States.
Financial Overview
For the nine months ended 31 December 2019, GoldMoney Inc revenues increased 35% to C$296.4M. Net loss totaled C$1.8M vs. income of C$25.9M. Revenues reflect SG segment increase of 69% to C$90.4M. Net loss reflects corporate segment loss increase from C$1.1M to C$4.4M. Dividend per share totaled to C$0.01. Basic Earnings per Share excluding Extraordinary Items decreased from C$0.34 to -C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: $153.69M as of Dec 31, 2019
Annual revenue (TTM): $361.12M as of Dec 31, 2019
EBITDA (TTM): -$5.49M as of Dec 31, 2019
Net annual income (TTM): -$4.13M as of Dec 31, 2019
Free cash flow (TTM): $18.59M as of Dec 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 77,895,360 as of May 4, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization