SpotLite360 IOT Solutions Inc. (C:LITE)
Business Focus: Software (NEC)
| Sector: Technology | Industry: Software |
| Company Contact | |
| Address: | 1890 - 1075 West Georgia Street VANCOUVER BC V6E 3C9 |
| Tel: | N/A |
| Website: | https://www.spotlite360.com |
| IR: | See website |
| Key People | ||
| Eugene Beukman Chief Executive Officer, Director | ||
| Business Overview |
| SpotLite360 IOT Solutions, Inc. is a Canada-based company, which is focused on providing a software-as-a-service based asset management and a supply chain execution platform, which leverages blockchain and a broad array of Internet of things technologies. The Company operates within two geographic areas, Canada and United States. Its solutions are built on Keychain, which is a cloud-based platform that captures real time data from Internet of things (IoT), sensors, radio-frequency identification (RFID) and mobile devices and enables reporting, analytics and collaboration through a Web or mobile interface. Keychain combines hardware, software and consulting to insure you achieve maximum ROI from investment. Its products include SpotLite360 Collect, SpotLite360 Control Tower SpotLite360 Verify, SpotLite360 ESG and SpotLite360 Connect. SpotLite360 Collect real-time data from supply chain operations. SpotLite360 Control Tower is a central enterprise asset management platform. |
| Financial Overview |
| For the nine months ended 30 September 2023, SpotLite360 IOT Solutions Inc revenues decreased from C$47K to C$0K. Net income before extraordinary items totaled C$204K vs. loss of C$4.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects Impairment of Intangibles Excl Goodwill decrease from C$1.5M (expense) to C$0K. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $2.09M as of Sep 30, 2023 |
| Annual revenue (TTM): | $-0.04M as of Sep 30, 2023 |
| EBITDA (TTM): | -$1.55M as of Sep 30, 2023 |
| Net annual income (TTM): | -$6.50M as of Sep 30, 2023 |
| Free cash flow (TTM): | -$1.00M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | $0.07M as of Sep 30, 2023 |
| Shares outstanding: | 101,939,817 as of Sep 30, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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