ProntoForms Corporation (V:PFM*CA)

Business Focus: Enterprise Software

Sector:  Technology Industry:  Software
See Regulatory Filings on SEDAR
Company Contact
Address: 250-2500 Solandt Rd
Tel: 1-613-2869212
IR: See website
Key People
Terence Hedley Matthews
Independent Chairman of the Board
Alvaro Pombo
President, Chief Executive Officer, Director
David Croucher
Chief Financial Officer
Michael Cho
Senior Vice President - Global Sales
Tim Moran
Senior Vice President - Strategic Alliances
Business Overview
ProntoForms Corporation is a Canada-based company, which researches, develops and markets mobile business solutions. The Company operates through mobile computer software solutions segment. The ProntoForms Solution is a mobile workflow platform used by approximately 50,000 subscribers in over 3,500 businesses to collect and analyze field data with smartphones and tablets. The platform is a software as a service solution for mobilizing business processes. The Company's products include ProntoForms App and ProntoForms Web Portal. The ProntoForms App enables mobile users to receive dispatched forms from the office, collect work data in the field and submit complete forms anywhere in real time. The ProntoForms Web Portal is the administration interface of the Company, enabling managers to customize, mobilize and monitor all business processes in real time. The Company markets its solutions to energy (utilities, gas and oil), field services and facility management industries.
Financial Overview
For the nine months ended 30 September 2019, ProntoForms Corp revenues increased 25% to $11M. Net loss decreased 29% to $1.5M. Revenues reflect United States segment increase of 22% to $7.7M, Other segment increase of 27% to $975K. Lower net loss reflects FV/Uls Adjust on Derivatives for Hedging increase from $1K (expense) to $91K (income), Stock-based Compensat decrease of 18% to $97K (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $112.77M as of Sep 30, 2019
Annual revenue (TTM): $18.99M as of Sep 30, 2019
EBITDA (TTM): -$1.89M as of Sep 30, 2019
Net annual income (TTM): -$2.51M as of Sep 30, 2019
Free cash flow (TTM): -$1.62M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 120,098,998 as of Jan 14, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization