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Clip Money Inc., a financial technology company, provides deposit network services to businesses and financial institutions in North America. It offers ClipDrop Platform, an end-to-end system that includes user registration, location services, compliance and know your business (KYB), bar code and RFID tracking of deposit bags, and secure processing of deposits through ACH payment processing; ClipATM that enables businesses to perform cardless deposits into Clip enabled ATMs; and ClipChange, an on-demand or subscription-based service that provides packages of low denomination notes and coins. The company's platform also enhances the transaction experience while accelerating business cash flows, improving management transparency, and reducing shrinkage. In addition, it offers cash pickup service that businesses can deposit their cash through its Clip network location. The company is based in Toronto, Canada. Clip Money Inc. is a subsidiary of NCR Atleos Corporation.
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Public information on Clip Money Inc. (CLIP.V) is limited and does not provide an independently verifiable description of its core business, industry or financial profile. Investors should review the company's regulatory filings, corporate disclosures and audited financial statements to assess long-term growth drivers, competitive position and management execution before forming an investment view.
Key investment risks include limited disclosure and transparency, low trading liquidity, potential financial and operational execution risk common to small-cap issuers, and the possibility of material information being available only in company filings.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -9.07M | -9.34M | -9.74M | -15.80M | -5.49M |
| Net income | -9.07M | -9.34M | -9.32M | -15.80M | -5.49M |
| Selling general administrative | 5.21M | 4.73M | 4.41M | 9.91M | 4.14M |
| Gross profit | 0.48M | -1.09M | -1.94M | -1.62M | -0.13M |
| Reconciled depreciation | 2.15M | 1.96M | 1.96M | 2.11M | 0.75M |
| Ebit | - | - | - | -10.38M | -4.64M |
| Operating income | -6.87M | -7.78M | -8.32M | -13.64M | -4.98M |
| Interest expense | 2.95M | 2.05M | 1.29M | 1.12M | 0.36M |
| Tax provision | - | 0.00M | -0.42M | - | - |
| Interest income | 0.04M | 0.09M | 0.06M | 0.02M | 0.00M |
| Net interest income | -2.96M | -1.98M | -1.23M | -1.10M | -0.36M |
| Total revenue | 5.74M | 2.36M | 0.58M | 0.04M | 0.00M |
| Total operating expenses | 12.61M | 10.14M | 8.89M | 13.68M | 4.98M |
| Cost of revenue | 5.26M | 3.45M | 2.52M | 1.65M | 0.13M |
| Total other income expense net | 0.76M | 0.42M | -0.19M | -1.06M | -0.15M |
| Net income from continuing ops | -9.07M | -9.34M | -9.32M | -15.80M | -5.49M |
| Net income applicable to common shares | - | - | - | - | -5.49M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 9.81M | 9.59M | 13.86M | 13.35M | 0.07M |
| Intangible assets | 1.73M | 1.81M | 2.18M | 2.88M | - |
| Other current assets | - | - | - | - | 0.08M |
| Total liab | 25.84M | 17.52M | 13.01M | 10.56M | 0.03M |
| Total stockholder equity | -16.04M | -7.94M | 0.85M | 2.79M | 0.04M |
| Other current liab | 1.14M | 0.57M | 0.61M | - | 0.16M |
| Common stock | - | - | - | 22.50M | 8.54M |
| Capital stock | 25.23M | 24.09M | 23.94M | 22.50M | 0.10M |
| Retained earnings | -46.76M | -37.69M | -28.35M | -24.66M | -8.85M |
| Cash | 2.60M | 2.00M | 6.15M | 2.01M | 0.07M |
| Total current liabilities | 8.16M | 3.40M | 2.45M | 3.59M | 3.89M |
| Net debt | 15.19M | 8.09M | 0.14M | - | - |
| Short long term debt | 2.87M | 0.01M | 0.01M | 0.05M | - |
| Property plant equipment | - | - | - | - | 5.96M |
| Total current assets | 3.83M | 2.71M | 6.36M | 2.23M | 1.52M |
| Net tangible assets | - | - | - | - | -1.84M |
| Net receivables | 1.12M | 0.64M | 0.15M | 0.00M | 0.00M |
| Long term debt | 14.92M | 10.08M | 6.28M | 0.06M | - |
| Accounts payable | 0.68M | 0.63M | 0.19M | 1.10M | 0.86M |
| Non current assets total | 5.98M | 6.88M | 7.50M | 11.12M | 0.00M |
| Capital lease obligations | 4.64M | 5.59M | 5.52M | 8.33M | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -0.51M | -0.67M | -2.18M | -1.42M |
| Change to liabilities | - | - | - | 0.00M | 0.98M |
| Total cashflows from investing activities | - | - | - | -2.18M | -1.42M |
| Net borrowings | 4.00M | 1.26M | 5.97M | - | 1.62M |
| Total cash from financing activities | 5.00M | 1.26M | 12.10M | 9.35M | 1.96M |
| Change to operating activities | - | - | - | - | -0.01M |
| Net income | -9.07M | -9.34M | -9.32M | -15.80M | -5.49M |
| Change in cash | 0.60M | -4.34M | 4.67M | 0.79M | -1.56M |
| Begin period cash flow | 2.00M | 6.15M | 1.48M | 1.22M | 3.16M |
| End period cash flow | 2.60M | 2.00M | 6.15M | 2.01M | 1.22M |
| Total cash from operating activities | -4.01M | -5.09M | -6.68M | -6.42M | -2.09M |
| Issuance of capital stock | 1.00M | 0.00M | 5.70M | 7.74M | 0.47M |
| Depreciation | 2.15M | 1.96M | 1.96M | 2.11M | 0.47M |
| Change to account receivables | - | - | -0.11M | -0.00M | -0.00M |
| Other cashflows from financing activities | - | - | - | 2.37M | -0.13M |
| Change to netincome | - | - | - | 6.29M | 1.68M |
| Capital expenditures | 0.37M | 0.51M | 0.67M | 0.91M | 0.28M |
| Change in working capital | 0.47M | 0.18M | -1.02M | 0.97M | 0.97M |
| Stock based compensation | 0.24M | 0.60M | 0.76M | 1.68M | 0.64M |
| Other non cash items | 2.91M | 2.04M | 1.41M | 3.49M | 0.42M |
| Free cash flow | -4.38M | -5.60M | -7.35M | -8.60M | -4.03M |
Sector: Technology Industry: Software - Infrastructure
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
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) |
|---|---|---|---|---|---|---|---|---|
| CLIP "Clip Money Inc." |
- -% |
0.14 | - | - | 3.13 | 8.88 | 6.15 | -3.49 |
| TOI Topicus.com Inc |
1.49 1.54% |
98.49 | 125.21 | 23.26 | 5.38 | 11.21 | 3.72 | 16.93 |
| QNC Quantum eMotion Corp. |
0.03 2.27% |
1.35 | - | - | 74160.87 | 20.34 | 73576.12 | -2.93 |
| CTRL Edge Total Intelligence Inc. |
0.01 2.00% |
0.26 | - | - | 18.41 | 28.69 | 14.37 | 29.18 |
| CYBE CyberCatch Holdings Inc. |
0.01 0.65% |
1.56 | - | - | 120.50 | 2.11 | 118.36 | -0.23 |
Clip Money Inc., a financial technology company, provides deposit network services to businesses and financial institutions in North America. It offers ClipDrop Platform, an end-to-end system that includes user registration, location services, compliance and know your business (KYB), bar code and RFID tracking of deposit bags, and secure processing of deposits through ACH payment processing; ClipATM that enables businesses to perform cardless deposits into Clip enabled ATMs; and ClipChange, an on-demand or subscription-based service that provides packages of low denomination notes and coins. The company's platform also enhances the transaction experience while accelerating business cash flows, improving management transparency, and reducing shrinkage. In addition, it offers cash pickup service that businesses can deposit their cash through its Clip network location. The company is based in Toronto, Canada. Clip Money Inc. is a subsidiary of NCR Atleos Corporation.
| Name | Title | Year Born |
|---|---|---|
| Mr. Joseph Arrage | Co-Founder, Chairman & CEO | NA |
| Mr. Daren Trousdell | Co-Founder & Director | 1979 |
| Mr. Andrew Tussing | Chief Financial Officer | NA |
| Mr. Brian Joseph Bailey | Chief Operating Officer | 1972 |
| Mr. Roger Dalal | Chief Technology Officer | NA |
| Mr. Joseph Abou-Arrage | Co-Founder,CEO & Director | 1978 |
| Mr. Brian Joseph Bailey | President | 1972 |
| Mr. Brian Joseph Bailey | President & COO | 1972 |
| Mr. Roger Dalal | Chief Product & Technology Officer | NA |
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