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 six months ended 30 September 2019, Ecoark Holdings Inc revenues decreased 92% to $79K. Net loss before extraordinary items increased 12% to $6M. 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 $1M (income) to $15K (expense), Interest expense.
Employees: 43 as of Mar 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $71.06M as of Sep 30, 2019
Annual revenue (TTM): $0.10M as of Sep 30, 2019
EBITDA (TTM): -$9.87M as of Sep 30, 2019
Net annual income (TTM): -$11.00M as of Sep 30, 2019
Free cash flow (TTM): -$7.54M as of Sep 30, 2019
Net Debt Last Fiscal Year: $2.29M as of Sep 30, 2019
Shares outstanding: 68,771,586 as of Nov 15, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization