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Planet Ventures Inc. (C:PXI)

Business Focus: Investment Management & Fund Operators (NEC)

Sector:  Financials Industry:  Investment Management & Fund Operators
 
Company Contact
Address: Suite 303, 750 West Pender Street
VANCOUVER BC V6C 2T7
Tel: N/A
Website: https://planetventuresinc.com
IR: See website
Key People
Etienne Moshevich
Chief Executive Officer
Christopher R. Cooper
Chief Financial Officer, Director
Desmond M. Balakrishnan
Executive Director
Cassandra Gee
Corporate Secretary
   
Business Overview
Planet Ventures Inc. is a Canada-based investment company. The principal business of the Company is investing in a portfolio of common shares and other securities of public and private companies to achieve capital appreciation of the portfolio. The Company's platforms include First XI. Cucu and Tier 1 Betting License. First XI is an eSports platform that brings creators, athletes, influencers, and gamers into one environment. Cucu is a social-media publishing platform with over 500 athletes and celebrities. Tier 1 Betting License is a United Kingdom gaming license that allows for live events, sports, pre-match betting, gaming software, pool betting, and B2B capabilities.
Financial Overview
For the nine months ended 31 December 2023, Planet Ventures Inc revenues was not reported. Net loss decreased 71% to C$497K. Lower net loss reflects Net change in unrealized losses on inves increase from C$1.6M (expense) to C$802K (income), Consulting Income increase from C$126K to C$573K (income), Professional fees decrease of 60% to C$34K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): $0.22M as of Dec 31, 2023
Net annual income (TTM): -$0.61M as of Dec 31, 2023
Free cash flow (TTM): -$0.99M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 110,625,674 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization