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GoldMoney Inc. (T:XAU)

Business Focus: Internet Security & Transactions Services

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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, Director
Steve Fray
Chief Financial Officer
Paul Mennega
Chief Operating Officer
Alessandro Premoli
Chief Technology Officer
Stefan Wieler
Vice President- Research, Director
Joshua Dale Crumb
Chief Strategy Officer
Alasdair Macleod
Head of Research
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 fiscal year ended 31 March 2019, GoldMoney Inc revenues decreased 17% to C$283.9M. Net income increased from C$4.4M to C$23.6M. Revenues reflect Fee revenue decrease of 5% to C$2.4M. Net income reflects Gain resulting from loss of control of a increase from C$0K to C$31.8M (income), Foreign exchange gain increase from C$353K to C$1.1M (income), Interest Income increase of 55% to C$1.8M (income).
Reporting Currency: Canadian Dollars
Enterprise value: $125.32M as of Mar 31, 2019
Annual revenue (TTM): $283.90M as of Mar 31, 2019
EBITDA (TTM): -$15.17M as of Mar 31, 2019
Net annual income (TTM): $23.59M as of Mar 31, 2019
Free cash flow (TTM): -$5.28M as of Mar 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 77,531,679 as of Jul 2, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization