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
CALGARY AB T2R 0R4
Tel: N/A
Website: https://deepmarkit.com
IR: See website
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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 three months ended 31 March 2020, DeepMarkit Corp revenues increased 12% to C$2K. Net loss decreased 13% to C$176K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects General and administrative decrease of 58% to C$24K (expense), Stock-based compensation decrease from C$6K (expense) to C$10K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $2.56M as of Mar 31, 2020
Annual revenue (TTM): $0.01M as of Mar 31, 2020
EBITDA (TTM): -$0.40M as of Mar 31, 2020
Net annual income (TTM): -$0.66M as of Mar 31, 2020
Free cash flow (TTM): -$0.49M as of Mar 31, 2020
Net Debt Last Fiscal Year: $1.87M as of Mar 31, 2020
Shares outstanding: 17,745,967 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization