Social Life Network Inc (PK:WDLF)

Business Focus: Internet Services

Sector:  Technology Industry:  Internet Services
See Regulatory Filings on SEC
Company Contact
Address: 8100 E Union Ave Unit 1809
DENVER CO 80237-2978
Tel: N/A
IR: See website
Key People
Richard L. Songer
President, Director
Ken Shawn Tapp
Chief Executive Officer, Chief Technology Officer, Director
Mark DiSiena
Chief Financial Officer, Principal Accounting Officer
George Jage
President of MjLink
Business Overview
Social Life Network, Inc. is a technology company. The Company has a network of Websites and applications built on social network platforms. The Company allows business professionals to search, find, share and connect with other business professionals, consumers and their own customers, through a combination use of its free memberships and recurring monthly paid premium subscriptions. It provides industry professionals with go-to social networks and integrated digital marketing tools.
Financial Overview
For the fiscal year ended 31 December 2018, Social Life Network Inc revenues increased 5% to $221K. Net loss increased from $2.1M to $4.6M. Revenues reflect Licensing revenue - related party increase of 43% to $215K, Advertising increase from $0K to $6K. Higher net loss reflects Stock based compensation - warrants increase from $1M to $3.6M (expense), General and Administrative increase from $146K to $630K (expense).
Employees: 60 as of Aug 31, 2008
Reporting Currency: U.S. Dollars
Enterprise value: $17.43M as of Dec 31, 2018
Annual revenue (TTM): $0.22M as of Dec 31, 2018
EBITDA (TTM): -$4.64M as of Dec 31, 2018
Net annual income (TTM): -$4.64M as of Dec 31, 2018
Free cash flow (TTM): -$4.46M as of Dec 31, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 125,858,319 as of Mar 14, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization