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CoTec Holdings Corp. (V:CTH)

Business Focus: Mining Support Services

Sector:  Basic Materials Industry:  Mining Support Services & Equipment
 
Company Contact
Address: Suite 428, 755 Burrard Street
VANCOUVER BC V6Z 1X6
Tel: N/A
Website: https://cotec.ca
IR: See website
Key People
Julian Andre Treger
President, Chief Executive Officer, Director
Abraham Hendrik Jonker
Chief Financial Officer, Company Secretary
 
Business Overview
CoTec Holdings Corp. is a Canada-based environment, social, and governance (ESG)-focused company investing in technologies. The Company focuses on investment in disruptive and scalable technology in the mineral extraction industry and, in parallel, acquiring assets to which the technology could be applied. It supports the transition to a lower carbon future for the extraction industry. It invests in, licenses and owns technologies that are transformative, disruptive and result in lower carbon footprints than existing processes for extracting, refining and processing metals and minerals. Its initial focus is acquiring stakes in multiple technologies, which are disruptive and scalable. Through licensing, joint ventures and operations, it applies its acquired technology interests and rights to assets in multiple commodities. These assets range from traditional mines to waste dumps and recycled scrap.
Financial Overview
For the fiscal year ended 31 December 2023, CoTec Holdings Corp revenues was not reported. Net income applicable to common stockholders increased from C$1.5M to C$9.8M. Net income benefited from Gain on equity investment increase from C$4M to C$13.1M (income), Gain on convertible notes receivable increase from C$53K to C$1.8M (income), Finance income increase from C$38K to C$144K (income).
Employees: 104 as of Dec 31, 2009
Reporting Currency: Canadian Dollars
Enterprise value: $30.97M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$4.95M as of Dec 31, 2023
Net annual income (TTM): $9.77M as of Dec 31, 2023
Free cash flow (TTM): -$3.90M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1.14M as of Dec 31, 2023
Shares outstanding: 60,901,506 as of Apr 26, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization