Hammer Fiber Optics Holdings Corp (PK:HMMR)
Business Focus: N/A
| Sector: Technology | Industry: N/A |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 6151 LAKE OSPREY DRIVE SARASOTA FL 34240 |
| Tel: | N/A |
| Website: | https://hammercorp.info |
| IR: | See website |
| Key People | ||
| Michael Cothill Executive Chairman of the Board | Erik B. Levitt Chief Financial Officer, Executive Director, CEO - 1stPoint Communications | Kristen Vasicek Chief Operating Officer, Secretary |
| Business Overview |
| Hammer Fiber Optics Holdings Corp. is focused on investing in both financial services technology and wireless telecommunications infrastructure. The Company's financial technologies business is focused on providing digital stored value technology via its HammerPay mobile payments platform to enable digital commerce between consumers and branded merchants across the developing world, ensuring safe and secure encrypted remittances and banking transactions. Its telecommunications business includes the development of high speed fixed wireless service for residential, small business and enterprise clients using its wireless fiber platform, Hammer Wireless AIR, mobility networks including 4G 5G//LTE, over-the-top (OTT) services, such as voice, short message service (SMS) and collaboration services and hosting services. The Company uses electronic information technology (IT) in its manufacturing processes and operations and other aspects of its business. |
| Financial Overview |
| For the six months ended 31 January 2024, Hammer Fiber Optics Holdings Corp revenues increased 13% to $1.7M. Net loss decreased 82% to $77K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Other Income increase from $0K to $169K (income), Financing expenses decrease of 90% to $14K (expense), Selling. |
| Employees: | 15 as of Jul 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $17.42M as of Jan 31, 2024 |
| Annual revenue (TTM): | $3.45M as of Jan 31, 2024 |
| EBITDA (TTM): | -$0.42M as of Jan 31, 2024 |
| Net annual income (TTM): | -$0.62M as of Jan 31, 2024 |
| Free cash flow (TTM): | -$0.54M as of Jan 31, 2024 |
| Net Debt Last Fiscal Year: | $1.70M as of Jan 31, 2024 |
| Shares outstanding: | 60,452,612 as of Mar 22, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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