Datable Technology Corporation (V:DAC*CA)

Business Focus: Software

Sector:  Technology Industry:  Software
See Regulatory Filings on SEDAR
Company Contact
Address: 1062 Homer St Unit 301
Tel: N/A
IR: See website
Key People
Robert Craig
President, Chief Executive Officer, Director
Roland Sartorius
Chief Financial Officer, Corporate Secretary
Carlos Yong
Chief Technology Officer
Business Overview
Datable Technology Corp, formerly 3TL Technologies Corp, is a Canada-based software development company. The Company develops a mobile based consumer marketing platform, PLATFORM 3, which is sold to global Consumer Packaged Goods (CPG) companies and consumer brands. PLATFORM 3 is delivered as a subscription service, Software as a Service model, and used by CPG companies to engage consumers, reward purchases and collect consumer data. It incorporates Artificial Intelligence and Machine Learning to monetize the consumer data, such as demographics and purchasing behavior, by sending consumers targeted offers by e-mail and text messages. PLATFORM 3 modules engage shoppers, influence in-store purchasing decisions and brand loyalty, and encourage ongoing dialogue and the sharing of brand content through social media.
Financial Overview
For the nine months ended 30 September 2019, Datable Technology Corp revenues decreased 6% to C$1.1M. Net loss decreased 8% to C$1.4M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Sales and marketing decrease of 35% to C$419K (expense), Share-based payments decrease of 32% to C$263K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $2.58M as of Sep 30, 2019
Annual revenue (TTM): $1.35M as of Sep 30, 2019
EBITDA (TTM): -$1.92M as of Sep 30, 2019
Net annual income (TTM): -$2.05M as of Sep 30, 2019
Free cash flow (TTM): -$0.77M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 77,640,456 as of Mar 10, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization