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Deveron Corp. (V:FARM)

Business Focus: Agricultural Consultancy Services

Sector:  Consumer Non-Cyclicals Industry:  Fishing & Farming
 
Company Contact
Address: 82 Richmond Street East, Suite 200
TORONTO ON M5C 1P1
Tel: N/A
Website: https://deveron.com
IR: See website
Key People
David A. Macmillan
President, Chief Executive Officer, Secretary, Director
Akshay Shirodker
Chief Financial Officer
 
Business Overview
Deveron Corp. is an agriculture technology company. The Company's operating segment include data acquisition services and data analytics sector in Canada and in the United State of America. It uses data and insights to help farmers and large agriculture enterprises increase yields, reduce costs and improve farm outcomes. It provides full service from collection to soil and analysis. The Company provides a range of services, including field services, laboratory services, and agronomic insights. Its filed services include soil fertility sampling, soil mapping, agriculture drone services, and field boundary mapping. The Company's SoilOptix is a premium topsoil analysis system that sets the standard for accuracy and precision in agriculture. Its laboratory services include soil testing and analysis, plant tissue testing, and soil health. Its agronomic insights include soil insights, script insights, image insights, trial analysis, and profit mapping.
Financial Overview
For the nine months ended 31 March 2024, Deveron Corp revenues totaled C$28.5M. Net loss totaled to C$10.3M. Results are not comparable due to year end change.
Employees: 102 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $56.32M as of Mar 31, 2024
Annual revenue (TTM): $37.39M as of Mar 31, 2024
EBITDA (TTM): $1.71M as of Mar 31, 2024
Net annual income (TTM): -$18.19M as of Mar 31, 2024
Free cash flow (TTM): -$0.24M as of Mar 31, 2024
Net Debt Last Fiscal Year: $44.93M as of Mar 31, 2024
Shares outstanding: 156,786,972 as of Mar 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization