DeepMarkit Corp. (V:MKT*CA)

Business Focus: Enterprise Software

Sector:  Technology Industry:  Software
See Regulatory Filings on SEDAR
Company Contact
Address: 615 15 Ave SW Suite 202
Tel: N/A
IR: See website
Key People
Ranjeet Sundher
President, Director
Darold H. Parken
Chief Executive Officer, Director
Sandra Genereux
Chief Financial Officer
Jack Bogart
Chief Technology Officer
Nichole Desrosiers
Chief Marketing Officer
Alex Gault
Vice President - Sales and Marketing
Business Overview
Deepmarkit Corp, formerly Challenger Deep Resources Corp, is a Canada-based company that is engaged in the development and operation of a digital marketing/promotions platform for retailers and other businesses. The Company offers a range of promotion products and services providing an additional marketing and advertising opportunity to consumer-facing businesses. The promotion products and services focus on providing game driven experiences, supporting various promotion models, including sweepstakes, giveaways and contests. The Company utilizes the Agile software development methodology and leverages a range of technologies, including Hypertext Markup Language 5 (HTML5) for client-side experience and Java for server-side processing, to deliver promotions experience to businesses and consumers. The Company's products and services are distributed digitally through a number of channels, including desktop computers, laptop computers, smart phones and tablets.
Financial Overview
For the nine months ended 30 September 2018, DeepMarkit Corp revenues was not reported. Net loss decreased 14% to C$1.6M. Lower net loss reflects General and administrative decrease of 46% to C$335K (expense), Wages and benefits decrease of 26% to C$576K (expense), Professional fees decrease of 64% to C$24K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $2.01M as of Sep 30, 2018
Annual revenue (TTM): $0.00M as of Sep 30, 2018
EBITDA (TTM): -$1.91M as of Sep 30, 2018
Net annual income (TTM): -$2.15M as of Sep 30, 2018
Free cash flow (TTM): -$1.62M as of Sep 30, 2018
Net Debt Last Fiscal Year: $1.31M as of Sep 30, 2018
Shares outstanding: 114,827,733 as of Jan 2, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization