Amesite Inc (OQ:AMST)
Business Focus: Software
| Sector: Technology | Industry: Software |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 205 East Washington Street, Suite B ANN ARBOR MI 48104 |
| Tel: | 1-917-6338980 |
| Website: | https://amesite.com |
| IR: | See website |
| Key People | ||
| Ann Marie Sastry Chairman of the Board, President, Chief Executive Officer | Mark Corrao Chief Financial Officer | Brandon Owens Senior Director - Enterprise Sales |
| Business Overview |
| Amesite Inc. is an artificial intelligence software company offering a cloud-based learning platform for business and education markets. The Company delivers its scalable, customizable, white-labeled online learning platform to universities, businesses, museums, and government agencies, enabling them to deliver digital learning. It provides a single system that combines e-commerce, instruction, engagement, analytics, and administration using its infrastructure to serve online learning markets. Its customers offer learning to their users, who are students, professional learners, and their own employees. It uses artificial intelligence technologies to provide customized environments for learners, easy-to-manage interfaces for instructors, and accessibility for learners in the United States education market and beyond. The Company delivers Learning Community Environments (LCESMs) to businesses and educational institutions (EIs) that enable them to offer branded learning products. |
| Financial Overview |
| For the six months ended 31 December 2023, Amesite Inc revenues decreased 80% to $105K. Net loss decreased 21% to $1.8M. Revenues reflect Packaged software segment decrease of 56% to $105K. Basic Earnings per Share excluding Extraordinary Items increased from -$0.97 to -$0.71. |
| Employees: | 12 as of Jun 30, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $1.42M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.43M as of Dec 31, 2023 |
| EBITDA (TTM): | -$3.22M as of Dec 31, 2023 |
| Net annual income (TTM): | -$3.67M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$3.33M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 2,542,440 as of Feb 14, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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