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
KANATA ON K2K 3G5
Tel: 1-613-2869212
Website: https://www.prontoforms.com
IR: See website
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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 six months ended 30 June 2019, ProntoForms Corp revenues increased 27% to $7.2M. Net loss decreased 27% to $1.1M. Revenues reflect United States segment increase of 22% to $4.9M, Other segment increase of 79% to $865K. Lower net loss reflects Stock-based Compensat decrease of 10% to $71K (expense), FV/Uls Adjust on Derivatives for Hedging decrease of 31% to $10K (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $70.73M as of Jun 30, 2019
Annual revenue (TTM): $18.13M as of Jun 30, 2019
EBITDA (TTM): -$2.05M as of Jun 30, 2019
Net annual income (TTM): -$2.80M as of Jun 30, 2019
Free cash flow (TTM): -$0.90M as of Jun 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 119,888,747 as of Sep 6, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization