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Zimtu Capital Corp. (V:ZC)

Business Focus: Venture Capital

Sector:  Financials Industry:  Investment Management & Fund Operators
 
Company Contact
Address: 1450-789 West Pender Street
VANCOUVER BC V6C 1H2
Tel: N/A
Website: https://www.zimtu.com
IR: See website
Key People
Sean Charland
President, Chief Executive Officer, Director
Jody Bellefleur
Chief Financial Officer
 
Business Overview
Zimtu Capital Corp. is an investment issuer company that operates in the fields of mineral exploration, mining, technology, and life sciences. The Company's principal business activities are investments in junior resource companies, mineral resource property acquisitions and dispositions, and the provision of management services. In addition, it invests in, creates, and grows early-stage companies in the technology and cannabis sectors. It offers corporate development services and a cooperative marketing program to companies through its ZimtuADVANTAGE program. ZimtuADVANTAGE program focuses on marketing for public companies. It also owns three mining claims, including the Eagle Lake claims, Grove Lake claims and the Whitefish Lake claims located approximately 350 kilometers (km) northwest of Thunder Bay, Ontario. The Claims are comprised of a land package consisting of 89,120 hectares (891.2 square kilometers) across 17 claim groups prospective for spodumene-bearing lithium pegmatites.
Financial Overview
For the fiscal year ended 30 November 2023, Zimtu Capital Corp revenues increased 52% to C$2.5M. Net loss decreased 65% to C$3.7M. Revenues reflect Income (loss) from property sales increase from -C$13K to C$346K, Corporate development and marketing increase of 40% to C$1.2M, Administrative fees increase of 19% to C$961K. Lower net loss reflects Unrealized G/L on Investment S decrease of 76% to C$2.2M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $2.55M as of Nov 30, 2023
EBITDA (TTM): $0.96M as of Nov 30, 2023
Net annual income (TTM): -$3.66M as of Nov 30, 2023
Free cash flow (TTM): -$2.17M as of Nov 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 63,413,303 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization