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 |
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 |