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GoldMoney Inc. (T:XAU)

Business Focus: Internet Security & Transactions Services

Sector:  Technology Industry:  Online Services
See Regulatory Filings on SEDAR
Company Contact
Address: 334 Adelaide St W
Tel: 1-647-2507170
IR: See website
Key People
Roy Sebag
Chairman of the Board, Chief Executive Officer, Founder
Mark Olson
Chief Financial Officer
Paul Mennega
Chief Operating Officer
Alessandro Premoli
Chief Technology Officer
Business Overview
Goldmoney Inc. is a precious metal-focused global business. The Company, through its ownership of various operating subsidiaries, is engaged in precious metal sales to its clients, including arranging of precious metals for its clients and coin retailing. The Company's segments include and SchiffGold. Its is an online platform that provides clients with access to their Holding to purchase and sell physical precious metals and arrange for their custody and storage. Its Schiff Gold LLC is a United States-based dealer in precious metals that offers to its clients the purchase and sale of physical precious metals in the form of bars, coins, and wafers with direct-to-client delivery.
Financial Overview
For the nine months ended 31 December 2022, GoldMoney Inc revenues decreased 13% to C$204.6M. Net income increased from C$287K to C$10.2M. Revenues reflect segment decrease of 24% to C$63.6M, Schiff Gold segment decrease of 8% to C$139.9M, LBTH segment decrease from C$945K to C$0K. Net income reflects segment income increase from C$2.7M to C$16.8M, Totenpass segment loss decrease of 23% to C$125K.
Employees: 56 as of Mar 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $101.84M as of Dec 31, 2022
Annual revenue (TTM): $327.88M as of Dec 31, 2022
EBITDA (TTM): $21.69M as of Dec 31, 2022
Net annual income (TTM): $4.15M as of Dec 31, 2022
Free cash flow (TTM): $8.13M as of Dec 31, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 69,935,023 as of Mar 3, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization