TeraGo Inc. (T:TGO)
Business Focus: Integrated Telecommunications Services (NEC)
| Sector: Telecommunications Services | Industry: Integrated Telecommunications Services |
| Company Contact | |
| Address: | 55 Commerce Valley Dr W, #800 THORNHILL ON L3T 7V9 |
| Tel: | N/A |
| Website: | https://www.terago.ca |
| IR: | See website |
| Key People | ||
| Daniel Vucinic President, Chief Executive Officer, Director | Parveen Mithra Interim Chief Financial Officer | Jim Abrams Interim Vice President Sales and Marketing | Osman Mohamednur Vice President - Engineering and Operations |
| Business Overview |
| TERAGO Inc. is a Canada-based company that provides wireless connectivity and private fifth generation (5G) wireless networking services to businesses operating across Canada. The Company holds 2120 megahertz (MHz) of exclusive spectrum licenses in the 24 gigahertz (GHz) and 38 GHz spectrum bands, which it utilizes to provide enterprise-grade networking and connectivity services. It owns and operates a carrier-grade Multi-Protocol Label Switching (MPLS) enabled wireline and fixed wireless, Internet Protocol (IP) communications network in Canada. It offers a range of diverse ethernet-based services over a secured wireless connection to customer locations up to 20 kilometers from a hub (provided line of sight or wireline networks exist) or through a fiber optic connection. To deliver its services, it has built and operates a carrier-grade, IP network, using licensed and license-exempt spectrum and fiber-optic wireline infrastructure that supports commercially available equipment. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Terago Inc revenues decreased 6% to C$26.1M. Net loss increased 14% to C$13.2M. Revenues reflect Cloud and Colocation Revenue segment decrease from C$1.4M to C$0K, Other Revenue segment decrease of 96% to C$18K. Higher net loss reflects Impairment of assets and related charges increase of 16% to C$380K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.61 to -C$0.67. |
| Employees: | 101 as of Dec 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $64.49M as of Dec 31, 2023 |
| Annual revenue (TTM): | $26.05M as of Dec 31, 2023 |
| EBITDA (TTM): | $3.23M as of Dec 31, 2023 |
| Net annual income (TTM): | -$13.18M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$5.45M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $27.30M as of Dec 31, 2023 |
| Shares outstanding: | 19,886,960 as of Apr 9, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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