Ecoark Holdings Inc (PK:ZEST)

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 5899 Preston Rd Ste 505
FRISCO TX 75034-9591
Tel: N/A
Website: https://ecoarkusa.com
IR: See website
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Key People
Randy S. May
Chairman of the Board, Chief Executive Officer
Peter A. Mehring
President, Director
Brad Hoagland
Principal Financial Officer
Business Overview
Ecoark Holdings, Inc. (Ecoark Holdings) is a diversified holding company. The Company is an emerging growth company focused on the development and deployment of business solutions and products to the retail, agriculture, food service, commercial real estate and architecture, engineering and construction end markets. The Company operates, through two wholly-owned subsidiaries include Magnolia Solar, Inc. and Ecoark, Inc. Magnolia Solar Inc is engaged in the development and commercialization of nano technology-based, thin-film technology that can be deposited on a variety of substrates. Ecoark, Inc. has three operating subsidiaries including Zest Labs Inc, Eco3d LLC and Pioneer Products LLC. The Company also supports the businesses of its subsidiaries in providing technological solutions for customers to achieve ecological conservation through improvements in efficiency or reduction of waste.
Financial Overview
For the fiscal year ended 31 March 2020, Ecoark Holdings Inc revenues decreased 45% to $581K. Net loss before extraordinary items increased 6% to $12.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Change in fair value of derivative liabi decrease from $3.2M (income) to $369K (expense).
Employees: 43 as of Mar 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $314.27M as of Mar 31, 2020
Annual revenue (TTM): $0.58M as of Mar 31, 2020
EBITDA (TTM): -$9.52M as of Mar 31, 2020
Net annual income (TTM): -$12.14M as of Mar 31, 2020
Free cash flow (TTM): -$5.49M as of Mar 31, 2020
Net Debt Last Fiscal Year: $8.59M as of Mar 31, 2020
Shares outstanding: 98,606,884 as of Jun 25, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization