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Zimtu Capital Corp. (V:ZC)

Business Focus: Venture Capital

Sector:  Financials Industry:  Investment Management & Fund Operators
 
Company Contact
Address: 1450-789 West Pender Street
VANCOUVER BC V6C 1H2
Tel: N/A
Website: https://www.zimtu.com
IR: See website
Key People
Sean Charland
President, Chief Executive Officer, Director
Jody Bellefleur
Chief Financial Officer
 
Business Overview
Zimtu Capital Corp. is an investment issuer company that operates in the fields of mineral exploration, mining, technology, and life sciences. The Company's principal business activities are investments in junior resource companies, mineral resource property acquisitions and dispositions, and the provision of management services. In addition, it invests in, creates, and grows early-stage companies in the technology and cannabis sectors. It offers corporate development services and a cooperative marketing program to companies through its ZimtuADVANTAGE program. ZimtuADVANTAGE program focuses on marketing for public companies. It also owns three mining claims, including the Eagle Lake claims, Grove Lake claims and the Whitefish Lake claims located approximately 350 kilometers (km) northwest of Thunder Bay, Ontario. The Claims are comprised of a land package consisting of 89,120 hectares (891.2 square kilometers) across 17 claim groups prospective for spodumene-bearing lithium pegmatites.
Financial Overview
For the three months ended 29 February 2024, Zimtu Capital Corp revenues increased 17% to C$575K. Net loss increased from C$1K to C$431K. Revenues reflect Management Service segment increase of 19% to C$575K. Higher net loss reflects Unrealized G/L on Investment S increase from C$46K to C$772K (expense), Gain on sale of investments decrease of 13% to C$261K (income). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $2.63M as of Feb 29, 2024
EBITDA (TTM): $1.21M as of Feb 29, 2024
Net annual income (TTM): -$4.09M as of Feb 29, 2024
Free cash flow (TTM): -$1.68M as of Feb 29, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 63,413,303 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization