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Armada Mercantile Ltd., a financial services company, provides merchant banking services worldwide. The company offers advisory services; Form 10, Form S-1, Form 15C211, and DTC Eligibility filings; broker-dealer products and services; and commercial finance services, including account receivable factoring, supply chain, and revenue lines of credit, as well as other types of specialized finance. It also provides factoring, equipment leasing, private placements, corporate debt securities, corporate finance, mezzanine financing, direct public offerings, and mergers and acquisitions. In addition, the company is involved in the import and distribution of ice cream under the London Dairy brand name. It serves natural resources, travel, aviation, technology, food, banking, finance, energy, off road electric vehicles, and telecom industries. Armada Mercantile Ltd. was incorporated in 1987 and is headquartered in Roseville, California.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Public information on Armada Mercantile Ltd (AAMTF) is sparse and the company's core business and assets are not clearly described. Because growth drivers are undocumented, long-term upside depends on future disclosures, execution of undeclared initiatives or strategic transactions, which may attract investors seeking speculative microcap opportunities.
Key risks include very low trading liquidity, high share-price volatility, potential equity dilution, weak governance common to Pink/OTC issuers, and significant financing and operational uncertainty.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2026-02-28 | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-02-28 | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 |
| Income before tax | 0.04M | -5.04M | -0.02M | 0.27M | 0.07M |
| Minority interest | - | - | 0.00M | -0.00M | -0.01M |
| Net income | 0.01M | -5.03M | -0.02M | 0.24M | 0.04M |
| Selling general administrative | 0.11M | 0.16M | 0.05M | 0.11M | 0.18M |
| Selling and marketing expenses | - | 0.01M | 0.01M | - | - |
| Gross profit | 0.16M | 0.16M | 0.21M | 0.05M | 0.00M |
| Ebit | - | - | -0.04M | - | - |
| Ebitda | 0.04M | -3.48M | -0.02M | 0.27M | 0.13M |
| Depreciation and amortization | - | - | 0.02M | - | - |
| Operating income | 0.04M | -0.01M | -0.04M | 0.27M | 0.13M |
| Other operating expenses | 0.11M | 0.17M | 0.24M | 0.18M | 0.18M |
| Interest expense | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax provision | 0.03M | -0.00M | 0.00M | 0.03M | 0.03M |
| Interest income | - | - | 0.00M | 0.40M | - |
| Net interest income | -0.00M | -0.00M | 0.00M | 0.40M | -0.00M |
| Income tax expense | 0.03M | -0.00M | -0.05M | 0.03M | 0.03M |
| Total revenue | 0.16M | 0.16M | 0.21M | 0.05M | 0.00M |
| Total operating expenses | 0.11M | 0.17M | 0.24M | 0.18M | 0.18M |
| Total other income expense net | -0.00M | -5.02M | 0.02M | -0.01M | 0.25M |
| Net income from continuing ops | 0.01M | -5.03M | -0.02M | 0.24M | 0.05M |
| Net income applicable to common shares | - | - | - | 0.24M | 0.04M |
| Breakdown | 2026-02-28 | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-02-28 | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 |
| Total assets | 1.73M | 1.65M | 6.35M | 6.38M | 5.64M |
| Other current assets | - | - | 0.02M | - | - |
| Total liab | 0.14M | 0.04M | 0.52M | 0.53M | 0.13M |
| Total stockholder equity | 1.59M | 1.61M | 5.83M | 5.85M | 5.52M |
| Other current liab | -0.07M | 0.00M | 0.44M | 0.03M | 0.04M |
| Common stock | 8.08M | 8.08M | 7.28M | 7.28M | 7.28M |
| Capital stock | 8.08M | 8.08M | 7.28M | 7.28M | 7.28M |
| Retained earnings | -7.17M | -7.19M | -2.14M | -2.13M | -2.37M |
| Other assets | - | - | -5.45M | - | - |
| Cash | 0.50M | 0.43M | 0.44M | 0.40M | 0.20M |
| Total current liabilities | 0.01M | 0.04M | 0.52M | 0.53M | 0.13M |
| Current deferred revenue | - | - | -0.08M | - | - |
| Net debt | -0.50M | -0.42M | -0.43M | -0.39M | -0.20M |
| Short term debt | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M |
| Short long term debt | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M |
| Short long term debt total | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M |
| Other stockholder equity | 0.44M | 0.61M | 0.61M | 0.61M | 0.61M |
| Total current assets | 0.93M | 0.85M | 5.89M | 5.92M | 5.64M |
| Long term investments | 0.34M | 0.34M | 0.00M | 0.46M | 0.00M |
| Net tangible assets | - | - | - | 5.85M | 5.52M |
| Short term investments | 0.42M | 0.42M | 5.42M | 5.42M | 5.43M |
| Net receivables | 0.01M | 0.01M | 0.01M | 0.11M | 0.01M |
| Inventory | - | - | -6.32M | - | - |
| Accounts payable | 0.07M | 0.03M | 0.07M | 0.49M | 0.08M |
| Accumulated other comprehensive income | 0.24M | 0.11M | 0.09M | 0.09M | - |
| Non currrent assets other | - | 0.46M | 5.90M | - | - |
| Non current assets total | 0.80M | 0.80M | 5.90M | 0.46M | 0.00M |
| Breakdown | 2026-02-28 | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-02-28 | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 |
| Investments | 0.00M | -0.32M | -0.35M | -0.37M | 0.00M |
| Change to liabilities | - | - | - | 0.41M | 0.02M |
| Total cashflows from investing activities | -0.04M | -0.32M | -0.35M | -0.37M | -0.37M |
| Net borrowings | - | - | - | - | -0.00M |
| Total cash from financing activities | 0.04M | 0.36M | 0.10M | -0.11M | -0.03M |
| Change to operating activities | - | - | - | 0.01M | 0.00M |
| Net income | 0.01M | -5.03M | -0.02M | 0.24M | 0.05M |
| Change in cash | 0.10M | -0.01M | 0.04M | 0.20M | 0.07M |
| Begin period cash flow | 0.40M | 0.44M | 0.40M | 0.20M | 0.13M |
| End period cash flow | 0.50M | 0.43M | 0.44M | 0.40M | 0.20M |
| Total cash from operating activities | 0.08M | -0.05M | 0.29M | 0.67M | 0.10M |
| Issuance of capital stock | 0.01M | 0.79M | 0.00M | - | - |
| Other cashflows from investing activities | -0.04M | 0.03M | -0.01M | -0.37M | -0.37M |
| Change to account receivables | - | - | 0.00M | 0.00M | 0.00M |
| Other cashflows from financing activities | 0.04M | -0.44M | 0.10M | -0.11M | -0.03M |
| Change to netincome | - | - | - | - | 0.01M |
| Capital expenditures | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in working capital | 0.07M | -0.02M | 0.30M | 0.42M | 0.05M |
| Other non cash items | - | 5.00M | 0.00M | 0.01M | 0.00M |
| Free cash flow | 0.08M | -0.05M | 0.29M | 0.67M | 0.10M |
Sector: Financial Services Industry: Capital Markets
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| AAMTF Armada Mercantile Ltd |
- -% |
0.15 | - | - | 22.22 | 3.02 | 23.71 | 87.13 |
| GS Goldman Sachs Group Inc |
-3.13 0.36% |
865.82 | 17.21 | 16.00 | 4.47 | 2.26 | 11.15 | - |
| SCHW Charles Schwab Corp |
-1.09 1.18% |
91.49 | 19.53 | 13.89 | 7.16 | 4.22 | 8.80 | - |
| MS Morgan Stanley |
-1.00 0.55% |
181.44 | 16.50 | 13.76 | 2.80 | 1.65 | - | - |
| IBKR Interactive Brokers Group Inc |
- -% |
75.82 | 35.95 | 27.93 | 22.14 | 6.96 | 3.01 | 3.37 |
Armada Mercantile Ltd., a financial services company, provides merchant banking services worldwide. The company offers advisory services; Form 10, Form S-1, Form 15C211, and DTC Eligibility filings; broker-dealer products and services; and commercial finance services, including account receivable factoring, supply chain, and revenue lines of credit, as well as other types of specialized finance. It also provides factoring, equipment leasing, private placements, corporate debt securities, corporate finance, mezzanine financing, direct public offerings, and mergers and acquisitions. In addition, the company is involved in the import and distribution of ice cream under the London Dairy brand name. It serves natural resources, travel, aviation, technology, food, banking, finance, energy, off road electric vehicles, and telecom industries. Armada Mercantile Ltd. was incorporated in 1987 and is headquartered in Roseville, California.
| Name | Title | Year Born |
|---|---|---|
| Mr. Patrick Cole | Pres, Sec. & Director | NA |
| Michelle Cole | CFO & Director | NA |
| Mr. Mark Varley | CTO, Analyst & Director | NA |
| Mr. Victor Cohen | Chief Exec. Officer | NA |
| Mr. Thane K. Plummer | Managing Member & MD of Redrock Trading Partners | NA |
| Mr. Adam Lomax | Pres of Oxygen Funding | NA |
| Mr. Patrick Cole | President, Secretary & Director | NA |
| Mr. Victor Cohen | Chief Executive Officer | NA |
| Mr. Adam Lomax | President of Oxygen Funding | NA |
| Mr. Patrick Cole | President & Director | NA |
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