Thinkific Labs Inc. (T:THNC)
Business Focus: Software (NEC)
| Sector: Technology | Industry: Software |
| Company Contact | |
| Address: | 400 - 369 Terminal Avenue VANCOUVER BC V6A 4C4 |
| Tel: | N/A |
| Website: | https://www.thinkific.com |
| IR: | See website |
| Key People | ||
| Steve Krenzer President, Director | Greg Smith Chief Executive Officer, Co-Founder, Director | Miranda Lievers Co-Founder, Chief Operating Officer |
| Matthew Smith Co-Founder, Chief Strategy Officer | Corinne Hua Chief Financial Officer | Chris Mcguire Chief Technology Officer |
| Business Overview |
| Thinkific Labs Inc. is a Canada-based company that offers a software platform that enables entrepreneurs to create, market, sell, and deliver their own online courses. The Company operates primarily in one segment, which being the development, marketing and support management of the Company's cloud-based platform. The Company's primary business activity is to provide a platform that helps entrepreneurs and established businesses (Creators) to scale and generate revenue by teaching what they know. The Company's platform provides its Creators with the functionality needed to launch, grow, and diversify their businesses by creating and selling learning products composed of customized courses, communities, membership sites, and other experiences that Creators can create, sell and deliver using its platform. Its features include creating courses, building websites to market client's business, generating income by selling, engaging with learning community, and grow and scale their business. |
| Financial Overview |
| For the three months ended 31 March 2024, Thinkific Labs Inc revenues increased 13% to $16M. Net loss decreased 85% to $1.1M. Revenues reflect United States segment increase of 12% to $8.3M, Rest of World segment increase of 14% to $5.7M. Lower net loss reflects Restructuring decrease from $3.2M (expense) to $0K, Research and de decrease of 13% to $4.2M (expense). |
| Employees: | 269 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $183.56M as of Mar 31, 2024 |
| Annual revenue (TTM): | $82.91M as of Mar 31, 2024 |
| EBITDA (TTM): | -$8.41M as of Mar 31, 2024 |
| Net annual income (TTM): | -$5.23M as of Mar 31, 2024 |
| Free cash flow (TTM): | $3.80M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 81,142,138 as of May 6, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.