Sector: Technology | Industry: Blockchain & Cryptocurrency |
Company Contact | |
Address: | Suite 2200, 885 West Georgia St. VANCOUVER BC V6C 3E8 |
Tel: | N/A |
Website: | https://www.wonder.fi |
IR: | See website |
Key People | ||
Robert Halpern Chairman of the Board | Dean Skurka President, Chief Executive Officer, Director | Gordon Brocklehurst Chief Financial Officer |
Cong Ly Chief Technology Officer | Torstein Braaten Chief Compliance Officer | Alexander Davis General Counsel, Corporate Secretary, Chief Legal Officer |
Business Overview |
WonderFi Technologies Inc. provides crypto trading platform in Canada. It also provides centralized and decentralized financial services and products. Its segments include Trading, Payments and Corporate. Its brands include Bitbuy, Coinsquare, SmartPay, and Tetra Trust. Its product is WonderFi Labs. It is also developing two new products, including WonderFi L2 and WonderFi Wallet. WonderFi Labs develops, incubates and invests in centralized and EVM-compatible decentralized products and protocols that have a global reach. Bitbuy is Canada and APAC's regulated cryptocurrency platform catering to the advanced trader, institutions and corporate client. Coinsquare provides customers with a proprietary platform engineered to deliver a robust, secure and intelligent interface for trading digital assets. SmartPay is a digital asset payment processing platform. Tetra is redefining the standard of digital asset custody in Canada, pioneering secure, regulated, and versatile solutions. |
Financial Overview |
For the nine months ended 30 September 2024, Wonderfi Technologies Inc revenues increased from C$15.3M to C$37.7M. Net loss decreased 90% to C$2.2M. Revenues reflect Trading segment increase from C$8.5M to C$35.3M, Payments segment increase of 79% to C$2.4M. Lower net loss reflects Acquisition Costs decrease of 95% to C$238K (expense), Interest income increase from C$867K to C$3.4M (income). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $152.87M as of Sep 30, 2024 |
Annual revenue (TTM): | $50.64M as of Sep 30, 2024 |
EBITDA (TTM): | $4.74M as of Sep 30, 2024 |
Net annual income (TTM): | $2.26M as of Sep 30, 2024 |
Free cash flow (TTM): | -$4.86M as of Sep 30, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 648,475,448 as of Sep 30, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |