Sector: Technology | Industry: Blockchain & Cryptocurrency |
See Regulatory Filings on SEDAR |
Company Contact | |
Address: | Suite 1220 - 1130 West Pender Street VANCOUVER BC V6E 4A4 |
Tel: | N/A |
Website: | https://blockchaingroup.io |
IR: | See website |
Key People | ||
Lance Morginn President, Director | Mark Andrew Binns Chief Executive Officer, Director | Kim Evans Chief Financial Officer, Director | Kim Dwyer Chief Operating Officer |
Business Overview |
BIGG Digital Assets Inc. is a Canada-based company, which owns, operates and invests in crypto businesses. The Company has three portfolio companies: Netcoins (netcoins.ca), Blockchain Intelligence Group (blockchaingroup.io), and TerraZero (terrazero.com). Blockchain Intelligence Group helps banks and crypto companies to monitor risk from crypto transactions and identify and track illicit activity. Blockchain Intelligence Group serves banks, crypto companies, law enforcement, fintechs, regtechs and governments. Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency accessible to the consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified software and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app. TerraZero is a vertically integrated Metaverse development group and Web 3.0 technology company specializing in the Metaverse space. TerraZero also owns digital real estate. |
Financial Overview |
For the nine months ended 30 September 2022, BIGG Digital Assets Inc revenues decreased 42% to C$6.3M. Net loss increased from C$3M to C$28.7M. Revenues reflect Netcoins segment decrease of 51% to C$4.7M. Higher net loss reflects Unrealized gain (loss) on digital curren decrease from C$7.5M (income) to C$10.1M (expense), G/L on Sale of Tangible & Intangible FA increase from C$0K to C$2.9M (expense). |
Employees: | 28 as of Dec 31, 2019 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $48.64M as of Sep 30, 2022 |
Annual revenue (TTM): | $9.55M as of Sep 30, 2022 |
EBITDA (TTM): | -$16.56M as of Sep 30, 2022 |
Net annual income (TTM): | -$32.78M as of Sep 30, 2022 |
Free cash flow (TTM): | -$62.72M as of Sep 30, 2022 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 255,301,401 as of Mar 3, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |