Astron Connect Inc. (V:AST)
Business Focus: Food Retail & Distribution (NEC)
| Sector: Consumer Non-Cyclicals | Industry: Food Retail & Distribution |
| Company Contact | |
| Address: | 666 Burrard Street, Suite 2368 VANCOUVER BC V6C 2X8 |
| Tel: | N/A |
| Website: | https://www.astronconnect.ca |
| IR: | See website |
| Key People | ||
| S. Randall Smallbone Chairman of the Board, Interim Chief Executive Officer | Ian Mallmann Chief Financial Officer, Corporate Secretary | Hong Duan Chief Financial Officer, Director | Wei Kang Vice President - Finance, Independent Director |
| Business Overview |
| Astron Connect Inc. is a Canada-based company, which is engaged primarily in the business of distribution and sale of beverage and food products in Canada, China and emerging markets. The Company is focused on handling logistics, distribution, marketing, sales, and the legal documentation of importing Canadian food and beverage, skin care, supplements, and agricultural products to China. It brings Canadian food and beverage companies to the world through its connections and export logistics capabilities in China and emerging markets. It is also focused on implementing effective social media and content marketing strategies using its own e-commerce platform. Through its brands, Manna Water and Sachiel Water, the Company supplies China and other emerging markets with pure Canadian bottled spring water. The Company's subsidiaries include Sachiel Holdings Ltd., Sachiel Water Inc. and Manna Resources Inc. |
| Financial Overview |
| For the three months ended 31 December 2023, Astron Connect Inc revenues was not reported. Net loss decreased 33% to C$58K. Lower net loss reflects Salaries and benefits decrease of 56% to C$20K (expense), Office decrease of 76% to C$3K (expense), Rental expenses decrease from C$8K (expense) to C$0K. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $0.29M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.03M as of Dec 31, 2023 |
| EBITDA (TTM): | -$0.40M as of Dec 31, 2023 |
| Net annual income (TTM): | -$0.47M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$0.21M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 16,937,901 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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