Tiny Ltd. (formerly WeCommerce Holdings Ltd.) (V:TINY*CA)

Business Focus: IT Services & Consulting (NEC)

Sector:  Technology Industry:  IT Services & Consulting
 
Company Contact
Address: 400 - 1152 Mainland Street
VANCOUVER BC V6B 4X2
Tel: N/A
Website: https://www.tiny.com
IR: See website
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Key People
Alexander Persson
Chief Executive Officer
David Charron
Chief Financial Officer
Ben Moore
Senior Vice President
Susan Min
General Counsel, Company Secretary
   
Business Overview
Tiny Ltd. is a technology holding company. The Company has three core business segments: Beam, WeCommerce and Dribbble. The Beam segment, through MetaLab, helps start-ups to Fortune 500 companies to design, build and ship premium digital products for both mobile and Web. The WeCommerce segment provides merchants with a suite of e-commerce software tools to start and grow their online store. Its family of companies and brands include Pixel Union, Out of the Sandbox, Archetype, Foursixty, Stamped, KnoCommerce, Clean Canvas and Orbit Apps. The Dribbble segment is a creative network and community that design professionals use to meet, collaborate, and showcase their work. Dribbble also hosts an online marketplace for graphics, fonts, templates, and other digital assets. Its standalone businesses include several software and Internet companies and the operation of a private equity fund where the Company serves as the general partner (the Tiny Fund).
Financial Overview
For the fiscal year ended 31 December 2023, Tiny Ltd revenues increased from C$48.5M to C$185.5M. Net income totaled C$13.9M vs. loss of C$22.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Basic Earnings per Share excluding Extraordinary Items increased from -C$0.55 to C$0.08.
Reporting Currency: Canadian Dollars
Enterprise value: $591.02M as of Dec 31, 2023
Annual revenue (TTM): $185.50M as of Dec 31, 2023
EBITDA (TTM): $20.33M as of Dec 31, 2023
Net annual income (TTM): $13.94M as of Dec 31, 2023
Free cash flow (TTM): $2.74M as of Dec 31, 2023
Net Debt Last Fiscal Year: $104.78M as of Dec 31, 2023
Shares outstanding: 179,422,560 as of May 2, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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