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ZEN Graphene Solutions Ltd. (V:ZEN)

Business Focus: Specialty Mining & Metals

Sector:  Basic Materials Industry:  Specialty Mining & Metals
See Regulatory Filings on SEDAR
Company Contact
Address: 210-1205 Amber Dr
Tel: N/A
IR: See website
Key People
Francis Dube
Chairman of the Board, Chief Executive Officer
Peter C. Wood
President, Chief Operating Officer
Brian Bosse
Chief Financial Officer, Director
Gregory Fenton
Chief Strategy Officer, Director
James Jordan
Project Manager
Business Overview
ZEN Graphene Solutions Ltd, formerly Zenyatta Ventures Ltd, is a Canada-based company focusing on graphite exploration and graphene nanomaterial product opportunity. The Company's wholly owned Albany Graphite Project hosts a deposit of more than one million tons of microcrystalline graphite, which converts to graphene using a variety of mechanical and chemical methods, such as exfoliation. The Albany deposit is located in Northern Ontario, approximately 30 kilometers (km) north of the Trans-Canada Highway, near the communities of Constance Lake First Nation and Hearst. Nearby infrastructure includes hydro-power, a natural gas pipeline, a rail line and an all-weather road. The graphene materials produced from the Albany deposit are one to four layers thick and have high dispersion qualities, which makes them suitable for composites like concrete, rubber and plastics. The Company collaborates with research partners on developing graphene technologies.
Financial Overview
For the nine months ended 31 December 2019, ZEN Graphene Solutions Ltd revenues was not reported. Net loss decreased 50% to C$905K. Lower net loss reflects Stock-based compensation decrease of 63% to C$262K (expense), Consulting fees decrease of 40% to C$186K (expense), Contract services decrease of 32% to C$93K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $22.90M as of Dec 31, 2019
Annual revenue (TTM): $0.00M as of Dec 31, 2019
EBITDA (TTM): -$1.87M as of Dec 31, 2019
Net annual income (TTM): -$1.51M as of Dec 31, 2019
Free cash flow (TTM): -$3.46M as of Dec 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 80,405,791 as of Jan 6, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization