Armada Mercantile Ltd. (C:ARM)
Business Focus: Corporate Financial Services (NEC)
| Sector: Financials | Industry: Corporate Financial Services |
| Company Contact | |
| Address: | 1616 West 3rd Ave., Suite 100 VANCOUVER BC V6J 1K2 |
| Tel: | N/A |
| Website: | https://armadamercantile.com |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| Armada Mercantile Ltd is a Canada-based financial services company. The Company is focused on merchant banking primarily through its wholly owned subsidiary Armada Group USA, Inc. It provides a range of services, which include consulting, finance lenders, and broker-dealers. Its consulting services provide services to privately held publicly traded companies. Its finance lender services include account receivables finance, supply chain finance, and revenue lines of credit. Its broker-dealer services include private placements, public offerings, valuations and fairness opinions, and others. It operates in a range of diverse industries, such as natural resources, travel, aviation, technology, food, banking, finance, energy and telecom. Its subsidiaries include RichGrandDad Financial Ltd., Redrock Trading Partners, LLC (Redrock), and Oxygen Funding, Inc. |
| Financial Overview |
| For the nine months ended 30 November 2023, Armada Mercantile Ltd revenues decreased 50% to C$154K. Net income decreased 87% to C$38K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Foreign exchange loss (gain) decrease from C$102K (income) to C$0K, Telephone increase from C$0K to C$19K (expense), Rent increase from C$0K to C$10K (expense). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $3.53M as of Nov 30, 2023 |
| Annual revenue (TTM): | $0.30M as of Nov 30, 2023 |
| EBITDA (TTM): | $0.12M as of Nov 30, 2023 |
| Net annual income (TTM): | -$0.00M as of Nov 30, 2023 |
| Free cash flow (TTM): | $0.40M as of Nov 30, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 19,861,984 as of Mar 28, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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