Sector: Technology | Industry: Blockchain & Cryptocurrency |
Company Contact | |
Address: | Suite 1220 - 1130 West Pender Street VANCOUVER BC V6E 4A4 |
Tel: | N/A |
Website: | https://biggdigitalassets.com |
IR: | See website |
Key People | ||
Lance Morginn Chairman of the Board, President | Daniel Reitzik Interim Chief Executive Officer | Kim Evans Chief Financial Officer, Director |
Business Overview |
BIGG Digital Assets Inc. owns, operates and invests in crypto businesses. The Company's principal business activity is investing in companies in the digital asset space. It operates through three business segments: blockchain technology development, digital currency sales via the Netcoins App and immersive metaverse experiences. It has three portfolio companies: Netcoins Inc. (netcoins.com), Blockchain Intelligence Group (blockchaingroup.io), and TerraZero Technologies Inc. (terrazero.com). Netcoins offers secure crypto trading in Canada and the United States and has a robust product offering with over 50 assets for Crypto Trading, Netcoins Pay Mastercard and Staking (Canada Only). TerraZero Technologies Inc. is a vertically integrated Metaverse development group and Web3 technology company specializing in helping brands create immersive experiences. Blockchain Intelligence Group is a digital asset forensics, anti-money laundering detection, and cryptocurrency investigations company. |
Financial Overview |
For the six months ended 30 June 2024, BIGG Digital Assets Inc revenues increased from C$2.9M to C$6.1M. Net loss decreased 53% to C$2.3M. Revenues reflect Netcoins segment increase from C$2.1M to C$5.1M, Blockchain segment increase of 1% to C$747K, Canada segment increase from C$2.2M to C$4.7M, United States segment increase from C$340K to C$902K. |
Employees: | 28 as of Dec 31, 2019 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $45.50M as of Jun 30, 2024 |
Annual revenue (TTM): | $9.72M as of Jun 30, 2024 |
EBITDA (TTM): | -$12.32M as of Jun 30, 2024 |
Net annual income (TTM): | -$8.45M as of Jun 30, 2024 |
Free cash flow (TTM): | -$11.85M as of Jun 30, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 355,355,820 as of Jun 30, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |