Genesis AI Corp. (C:AIG*CA)

Business Focus: Security Software

Sector:  Technology Industry:  Software
 
Company Contact
Address: Suite 750 - 1620 Dickson Avenue
KELOWNA BC V1Y 9Y2
Tel: N/A
Website: https://www.genesisaicorp.com
IR: See website
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Key People
Devinder Randhawa
Chief Executive Officer, Director
Ryan Cheung
Chief Financial Officer, Corporate Secretary
 
Business Overview
Genesis AI Corp. is focused on opportunities in the precision geospatial, forestry analytics, and carbon sector through artificial intelligence (AI). Woodlands.ai is a generative AI natural resources model in development, building digital twins of real-world forests. Digital forests can be manipulated and studied in computer generated worlds, with the influence of deep machine learning, neural networks, and artificial intelligence. Digital forest technology has many applications, including carbon offsetting, forest and land management and wildfire protection. Its software as a service (SaaS) platform offers a range of specialized modules designed to meet the diverse needs of stakeholders in the environmental and natural resources sectors.
Financial Overview
For the six months ended 31 December 2023, Genesis AI Corp revenues was not reported. Net loss increased from C$156K to C$1.6M. Higher net loss reflects Selling/General/Admin Expense increase from C$16K to C$627K (expense), Research and development expense increase from C$0K to C$371K (expense), Consulting and management fees increase from C$136K to C$445K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $3.38M as of Mar 31, 2024
Annual revenue (TTM): $0.00M as of Mar 31, 2024
EBITDA (TTM): -$1.85M as of Mar 31, 2024
Net annual income (TTM): -$1.88M as of Mar 31, 2024
Free cash flow (TTM): -$1.58M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 62,943,885 as of Feb 6, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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