Sector: Technology | Industry: Software |
Company Contact | |
Address: | 990 Homer Street, 5th floor VANCOUVER BC V6B 2W7 |
Tel: | N/A |
Website: | https://www.mediavalet.com |
IR: | See website |
Key People | ||
Robert George Chase President, Chief Executive Officer, Director | David Miller Chief Financial Officer | Jean Lozano Chief Technology Officer | Eric Simmons Vice President of Sales |
Business Overview |
MediaValet Inc. is a Canada-based provider of enterprise digital asset management and operations software. The Company develops and markets cloud-native, software-as-a-service (SaaS) solutions to address enterprise digital asset management (DAM), video content management and creative operations use-cases (Enterprise DAM). Its Enterprise DAM Platform is designed to enable end users to create, find, work with, manage and share digital assets whenever and wherever they are needed. In addition to providing enterprise cloud-native DAM capabilities at a global scale, desktop-to-server-to-cloud support for creative teams, and overall cloud redundancy and management for all source, WIP and final assets, it offers integrations into Slack, Adobe Creative Suite, Microsoft Office 365, WorkFront, Wrike, Drupal 8, WordPress, and many other third-party applications. It develops and delivers enterprise cloud software to a range of industries, including manufacturing, healthcare, and others. |
Financial Overview |
For the fiscal year ended 31 December 2023, MediaValet Inc revenues increased 28% to C$16.4M. Net loss decreased 25% to C$8.4M. Revenues reflect license fee segment increase of 28% to C$15.6M, up-front service fee segment increase of 14% to C$756K, United States segment increase of 24% to C$11.6M, Other segment increase of 37% to C$2.5M. Lower net loss reflects Share-based compensation decrease of 21% to C$822K (expense). |
Employees: | 82 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $77.80M as of Dec 31, 2023 |
Annual revenue (TTM): | $16.40M as of Dec 31, 2023 |
EBITDA (TTM): | -$6.61M as of Dec 31, 2023 |
Net annual income (TTM): | -$8.35M as of Dec 31, 2023 |
Free cash flow (TTM): | -$5.99M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $3.26M as of Dec 31, 2023 |
Shares outstanding: | 43,846,966 as of Mar 13, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |