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 2019, DeepMarkit Corp revenues increased from C$0K to C$2K. Net loss decreased 63% to C$202K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Stock-based compensation decrease of 96% to C$6K (expense), Wages and benefits decrease of 70% to C$66K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $3.33M as of Mar 31, 2019
Annual revenue (TTM): $0.00M as of Mar 31, 2019
EBITDA (TTM): -$1.32M as of Mar 31, 2019
Net annual income (TTM): -$1.56M as of Mar 31, 2019
Free cash flow (TTM): -$1.21M as of Mar 31, 2019
Net Debt Last Fiscal Year: $1.81M as of Mar 31, 2019
Shares outstanding: 114,827,733 as of Mar 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization