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 |