Mobi724 Global Solutions Inc. (C:MOS*CA)

Business Focus: Software

Sector:  Technology Industry:  Software
See Regulatory Filings on SEDAR
Company Contact
Address: 257 Sherbrooke St E Suite 400
Tel: N/A
IR: See website
Key People
Stephane Boisvert
Chairman of the Board
Marcel Vieanneau
Chief Executive Officer
Allan Rosenhek
Chief Financial Officer, Director
Michael Schuck
President of USA Business
Johnny Hawa
Chief Operating Officer
David Beauchemin
Chief Technology Officer
Marc Chartrand
Vice President - Accounting
Robert Rioux
General Manager - Payment
Jorge Sierra
Chief Sales Officer
Business Overview
Mobi724 Global Solutions Inc is a Canada-based financial technology company. It is a technology company in digital incentives, such as mobile couponing and loyalty rewards, and payment solutions that includes also mobile payments. It is a provider of both payment and couponing/rewards transactions for both online and offline points of sale. It operates under three business segments: Payment Solution; E-couponing, and Digital Marketing. Its Payment Solution segment offers MobiVirtuo Switch, which is a payment transaction system and mPos, which is a customizable transaction application. Its E-couponing segment offers OneSwipe, Points4Voucher and PayWithPoints solutions that provide card issuers, banks and merchants the ability to issue an offer linked to a payment card that can be redeemed directly at the point of sale. Its Digital Marketing segment offers a loyalty and customer relationship solution to banks and retailers to deliver, manage and control reward options.
Financial Overview
For the six months ended 30 June 2019, Mobi724 Global Solutions Inc revenues decreased 2% to C$1.3M. Net loss remained flat at C$2.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Share-based compensation decrease of 29% to C$149K (expense), Selling/General/Admin Expense decrease of 1% to C$2.4M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $9.49M as of Jun 30, 2019
Annual revenue (TTM): $2.54M as of Jun 30, 2019
EBITDA (TTM): -$4.36M as of Jun 30, 2019
Net annual income (TTM): -$7.09M as of Jun 30, 2019
Free cash flow (TTM): -$3.34M as of Jun 30, 2019
Net Debt Last Fiscal Year: $1.56M as of Jun 30, 2019
Shares outstanding: 218,678,031 as of Jun 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization