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PowerBand Solutions Inc

Company price
None CAD 0.00(0%)
Last update at 2025-01-23T18:03:05.428989Z
Market Cap
110.11M

Momentum Score

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Powerband Solutions Inc. develops, markets, and sells access to cloud-based transaction platforms to finance and lease new and used vehicles. The company provides DrivrzFinancial, a new and used vehicle leasing platform. Powerband Solutions Inc. is headquartered in Burlington, Canada.

Source: TradingView
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52 Week Price Range
0.01
Low
0.19
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
0.10
Dividend Yield
-
Revenue TTM
2.70M
Revenue Per Share
0.01
Gross Profit TTM
1.27M
Debt / Equity
-
ROE
-742.24%
Net Debt
0.98M
ROCE
144.80%
Diluted EPS TTM
-0.03

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -30.66M -16.19M -13.17M -8.34M -6.58M
Minority interest 3.23M 1.23M 1.58M 0.27M 0.27M
Net income -27.30M -14.96M -9.97M -7.03M -6.58M
Selling general administrative 21.64M 20.26M 11.73M 6.09M 5.67M
Gross profit 6.64M 11.64M 1.27M 0.09M -
Reconciled depreciation 1.37M 1.63M 1.51M 0.94M 0.38M
Ebit - -10.94M -12.05M -6.61M -5.47M
Ebitda -28.17M -13.73M -10.58M -6.35M -5.93M
Operating income -16.85M -11.70M -12.35M -6.92M -5.76M
Interest expense 1.11M 0.83M 1.07M 1.05M 0.27M
Tax provision - 0.00M -0.33M -0.29M 0.00M
Interest income 0.50M - - - -
Net interest income -0.63M -0.95M -1.07M -1.05M -0.27M
Income tax expense - - -0.33M -0.29M -
Total revenue 12.76M 23.94M 3.03M 2.00M 0.28M
Total operating expenses 29.61M 35.64M 15.38M 8.91M 6.05M
Cost of revenue 6.12M 12.30M 1.76M 1.91M -
Total other income expense net -13.18M -3.54M 0.25M -0.37M -0.54M
Net income from continuing ops -30.66M -16.19M -12.84M -8.05M -6.58M
Net income applicable to common shares - - -9.97M -7.03M -6.58M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 6.86M 17.23M 20.41M 13.84M 9.06M
Intangible assets - - 4.79M 2.85M 1.63M
Other current assets - - 0.75M 0.63M 0.57M
Total liab 20.46M 9.86M 15.88M 12.96M 10.47M
Total stockholder equity -12.02M 7.97M 3.88M -0.70M -1.68M
Other current liab - - 0.79M 1.45M 0.83M
Common stock - - - 18.93M 16.22M
Capital stock 65.79M 65.70M 43.85M 18.93M 16.22M
Retained earnings -96.01M -75.25M -45.79M -23.26M -19.58M
Good will - 0.00M 2.65M 2.66M 0.17M
Other assets - - - 0.07M -
Cash 1.77M 10.13M 5.08M 1.40M 0.24M
Total current liabilities 18.50M 7.35M 11.06M 9.28M 6.11M
Net debt 0.98M - - - 1.24M
Short long term debt 2.56M 1.71M 2.17M 0.25M 1.49M
Other stockholder equity - - - 3.63M 1.68M
Property plant equipment - - 3.52M 4.14M 4.98M
Total current assets 2.57M 12.02M 9.06M 3.28M 2.01M
Long term investments 0.56M 0.44M 0.20M 0.64M 0.27M
Net tangible assets - - -3.68M -6.41M -3.48M
Net receivables 0.41M 0.89M 1.70M 1.43M 0.99M
Long term debt 0.19M - 1.74M - -
Inventory - 0.00M 0.01M 0.02M 0.20M
Accounts payable 1.70M 2.81M 2.42M 1.53M 1.48M
Non currrent assets other 0.00M 0.07M 0.07M - -
Non current assets total 4.30M 5.21M 11.35M 10.49M 7.05M
Capital lease obligations 2.46M 3.22M 3.76M 4.28M 4.91M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -8.56M -7.86M -0.64M -0.64M -0.64M
Change to liabilities - 0.00M 1.22M 0.87M 0.34M
Total cashflows from investing activities - - -1.68M 0.14M -1.17M
Net borrowings - -2.73M 10.52M 4.47M -2.38M
Total cash from financing activities 22.32M 20.69M 10.98M 4.60M 6.48M
Change to operating activities - - 0.05M 0.05M -0.09M
Net income -27.30M -14.96M -9.97M -7.03M -6.58M
Change in cash 3.02M 5.07M 1.16M -0.07M 0.04M
Begin period cash flow 6.36M 1.40M 0.24M 0.31M 0.27M
End period cash flow 10.30M 6.37M 1.40M 0.24M 0.31M
Total cash from operating activities -10.74M -7.77M -8.08M -4.82M -5.26M
Issuance of capital stock 23.20M 17.10M 0.40M 0.12M 8.68M
Depreciation 1.37M 1.35M 1.06M 0.54M 0.00M
Other cashflows from investing activities - - - - -0.26M
Change to inventory 0.01M 0.01M 0.18M -0.20M -0.20M
Change to account receivables 0.25M -1.39M -0.79M -0.29M -0.45M
Other cashflows from financing activities - - -1.09M -1.09M 1.07M
Change to netincome - - -0.27M 0.88M 1.14M
Capital expenditures 8.56M 2.81M 0.26M 0.26M 0.26M
Change in working capital 0.05M -0.78M 0.65M 0.38M -0.20M
Stock based compensation 4.35M 2.47M 1.96M 0.81M -
Other non cash items 0.21M 4.31M 0.50M 0.32M 0.34M
Free cash flow -19.30M -10.58M -8.51M -4.82M -6.18M

Peer Comparison*

Sector: Technology Industry: Software - Application

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)
LMN
Lumine Group Inc.
0.01
0.04%
26.67 34.92 17.21 7.37 5.04 5.24 31.17
DDD
Metavista3D Inc.
-0.01
7.32%
0.19 - - 53.46 338.66 53.28 -
ARGH
Steer Technologies Inc.
-0.01
1.69%
0.29 - - 56.26 30.56 55.13 -2.86
MHUB
Minehub Technologies Inc
0.06
15.94%
0.40 - - 34.11 52.92 40.16 -2.50

Profile*

PowerBand Solutions Inc

Powerband Solutions Inc. develops, markets, and sells access to cloud-based transaction platforms to finance and lease new and used vehicles. The company provides DrivrzFinancial, a new and used vehicle leasing platform. Powerband Solutions Inc. is headquartered in Burlington, Canada.

1100 Burloak Drive, Burlington, ON, Canada, L7N 6B2

866-768-7653

Name Title Year Born
Mr. Darrin Swenson Pres, CEO & Director NA
Mr. Shibu Abraham CPA Chief Financial Officer NA
Mr. Sean John-Charles Severin Chief Technology Officer NA
Mr. Richard Goldman M.B.A. VP of Corp. Devel. NA
Mr. Peter Hucul VP of Sales NA
Mr. J. Stevens Waller Exec. VP of Fin. & Strategy - North American Operations 1961
Mr. Brent Green Chief Revenue Officer of DRIVRZ Financial NA
Mr. Craig Vaughn Pres of DRIVRZ Financial NA
Mr. David Barry McMillan CPA Consultant NA
Mr. Sean John-Charles Severin Chief Information Officer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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