Sector: Technology | Industry: Software |
Company Contact | |
Address: | Suite 170, 2725 East Parley's Way SALT LAKE CITY UT 84109 |
Tel: | N/A |
Website: | https://www.insuraguest.com |
IR: | See website |
Key People | ||
Douglas K. Anderson Chairman of the Board, Chief Executive Officer | Reed Wright President | Logan Bruce Anderson Chief Financial Officer, Director |
Christopher J. Panos Vice President - Sales, Director | David K. Ryan Vice President - Corporate Communications, Secretary, Director |
Business Overview |
InsuraGuest Technologies Inc. is a software-as-a-service (SaaS) company. The Company utilizes insurance and technology software (insurtech) to embed its short-term rental and event-based insurance products to the vacation rental, hotels, sports, and ticketed events sectors. Its proprietary software platform delivers digital insurance packages directly to its members on a business-to-business basis. Additionally, its platform is designed to expand its offerings to the business-to-consumer markets. The Company also provides insurance agents and brokers with the ability to sign up instantly online through its automatized agency/broker software platform. The hotel's solution provides no-fault accidental medical protection, hotel property and contents protection, and hotel theft protection. The sports solution provides medical injury insurance for sports and activities. Its subsidiaries include ISG Sports, LLC, and InsuraGuest Inc. |
Financial Overview |
For the six months ended 31 December 2023, InsuraGuest Technologies Inc revenues increased 61% to $407K. Net loss increased 4% to $379K. Revenues reflect Revenues from short-term rental guest programs segment increase of 64% to $279K, Revenues from participant event programs segment increase of 59% to $123K. Higher net loss reflects Professional fees increase from $60K to $155K (expense). |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $3.25M as of Dec 31, 2023 |
Annual revenue (TTM): | $1.13M as of Dec 31, 2023 |
EBITDA (TTM): | -$0.97M as of Dec 31, 2023 |
Net annual income (TTM): | -$1.01M as of Dec 31, 2023 |
Free cash flow (TTM): | -$0.42M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 170,533,822 as of Apr 29, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |