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Windfall Geotek Inc. (V:WIN)

Business Focus: Mining Support Services & Equipment (NEC)

Sector:  Basic Materials Industry:  Mining Support Services & Equipment
 
Company Contact
Address: 7005 boulevard Taschereau, Suite #265
BROSSARD QC J4Z 1A7
Tel: N/A
Website: https://windfallgeotek.com
IR: See website
Key People
Dinesh Kandanchatha
Chairman of the Board
Simran Kamboj
President, Chief Technology Officer, Director
David Beck
Chief Executive Officer
Scott Kelly
Chief Financial Officer, Corporate Secretary
   
Business Overview
Windfall Geotek Inc. is an artificial intelligence (AI) company and is engaged in the acquisition, exploration, and development of mineral properties. The Company offers services using AI and datamining. The Company uses the AI and pattern recognition algorithms to analyze digital data sets of compiled georeferenced historical exploration data, including geological, geochemical, geophysical, and structural data, as well as digital elevation (DEM). Its technology works for all metals, including copper, nickel, lithium, gold, silver, cobalt, platinum, and uranium among others. The Company owns certain claims in the respective Canadian provinces, which include Ontario properties, Quebec properties, and New Brunswick properties. It owns a total of about 5,949 claims in the province of Ontario. It owns a total of about 1,193 claims in the province of Quebec. It owns a total of five claims in the province of New Brunswick.
Financial Overview
For the nine months ended 30 November 2023, Windfall Geotek Inc revenues decreased 45% to C$323K. Net loss increased 3% to C$1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Bad debt (expense) recoveries increase from C$0K to C$203K (expense), Gain on disposal of mining assets decrease of 53% to C$146K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $1.05M as of Nov 30, 2023
Annual revenue (TTM): $0.39M as of Nov 30, 2023
EBITDA (TTM): -$1.12M as of Nov 30, 2023
Net annual income (TTM): -$0.97M as of Nov 30, 2023
Free cash flow (TTM): -$1.41M as of Nov 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 134,095,628 as of Nov 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization