Sector: Technology | Industry: Blockchain & Cryptocurrency |
Company Contact | |
Address: | 2400-1055 West Georgia St VANCOUVER BC V6E 3P3 |
Tel: | N/A |
Website: | https://evbattery.tech |
IR: | See website |
Key People | ||
Akshay Sood Chief Executive Officer, Director | Maryam Amin Shanjani Chief Financial Officer |
Business Overview |
Cryptoblox Technologies Inc. is a Canada-based blockchain and battery technology company. The Company's primary business is developing blockchain technology with a focus on battery solutions, applications and cryptocurrency. The Company assists global recycling solutions by offering recycling initiatives using their technology to analyze and fully refurbish used batteries. The Company has developed the intellectual property for blockchain technology targeted at the financial services sector, the battery technology and electric vehicle sector, the phone and computer applications sector, and the cryptocurrency sector. Through Red Water Acquisition Corp. (Red Water), the Company is focused on investing in energy-efficient solutions and environmentally friendly mining practices, and promotes a sustainable future for the blockchain ecosystem. Red Water has a crypto mining facility in Alberta. |
Financial Overview |
For the nine months ended 31 October 2023, Cryptoblox Technologies Inc revenues was not reported. Net loss totaled C$485K vs. income of C$210K. Net loss reflects Gain on dissolution of subsidiary decrease from C$1.2M (income) to C$0K, Share-based compensation increase from C$0K to C$100K (expense), Management fees increase from C$0K to C$45K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.01. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $16.97M as of Oct 31, 2023 |
Annual revenue (TTM): | $0.00M as of Oct 31, 2023 |
EBITDA (TTM): | -$0.49M as of Oct 31, 2023 |
Net annual income (TTM): | -$6.58M as of Oct 31, 2023 |
Free cash flow (TTM): | -$5.46M as of Oct 31, 2023 |
Net Debt Last Fiscal Year: | $0.05M as of Oct 31, 2023 |
Shares outstanding: | 109,314,600 as of Apr 16, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |