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Nerds On Site Inc. (C:NERD)

Business Focus: Technology Consulting & Outsourcing Services

Sector:  Technology Industry:  IT Services & Consulting
 
Company Contact
Address: 4026 Meadowbrook Drive, Unit 120-121
London ON N6L 1C7
Tel: N/A
Website: https://www.nerdsonsite.com
IR: See website
Key People
N/A    
Business Overview
Nerds on Site Inc. is a Canada-based company, which is engaged in providing information technology (IT) services, hardware, software and related support agreements. The Company operates through the managed IT consulting services segment. The Company provides managed IT support for various businesses, including PC set up, network installation and support and tailored software services. It uses a specially trained network of technically proficient IT consultants to help clients on site by providing effective, consistent, and customized IT solutions. It is a managed IT and cybersecurity service provider, and it operates a network of sub-contractors (Nerds) servicing on average 10,000 customers per year in Canada. Its centralized enterprise resource planning (ERP) system, IAMANERD.COM (IAMANERD), is an online operating system used to manage day to day operations of its Nerds. It provides business IT solutions, on-site IT support, managed IT services, IT consulting and cloud services.
Financial Overview
For the nine months ended 29 February 2024, Nerds On Site Inc revenues increased 5% to C$8M. Net loss decreased 26% to C$401K. Revenues reflect IT consluting serivce segment increase from C$2.7M to C$8M.
Reporting Currency: Canadian Dollars
Enterprise value: $4.96M as of Feb 29, 2024
Annual revenue (TTM): $10.89M as of Feb 29, 2024
EBITDA (TTM): -$0.66M as of Feb 29, 2024
Net annual income (TTM): -$0.61M as of Feb 29, 2024
Free cash flow (TTM): -$0.46M as of Feb 29, 2024
Net Debt Last Fiscal Year: $0.15M as of Feb 29, 2024
Shares outstanding: 89,411,115 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization