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 2019, DeepMarkit Corp revenues increased from C$0K to C$6K. Net loss decreased 64% to C$570K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Wages and benefits decrease of 78% to C$128K (expense), Stock-based compensation decrease from C$423K (expense) to C$3K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $2.23M as of Sep 30, 2019
Annual revenue (TTM): $0.01M as of Sep 30, 2019
EBITDA (TTM): -$0.66M as of Sep 30, 2019
Net annual income (TTM): -$0.91M as of Sep 30, 2019
Free cash flow (TTM): -$0.73M as of Sep 30, 2019
Net Debt Last Fiscal Year: $1.93M as of Sep 30, 2019
Shares outstanding: 17,745,967 as of Nov 7, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization