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Planet Ventures Inc

Company price
0.02 CAD 0.00(0%)
Last update at 2024-02-02T14:30:00Z
Market Cap
2.21M

Momentum Score

…

Planet Ventures, Inc.is a venture capital firm specializing in early stage investments. The firm focuses on holding investments in the resource, biotechnology, and technology companies. The firm seeks to invest in disruptive and emerging growth companies and industries with focus on technology, blockchain, crypto-currencies, fantasy and sports betting markets. The company also focuses on investing in undervalued resource projects and companies in the precious metals, uranium and coal, oil and gas, base metals, potash, lithium, and rare earths sectors. The firm makes investment in both public or private companies in form of equity or debt respectively. The firm typically takes an active management role as part of its investment strategy by participating at the Board/Advisory levels. The company was formerly known as Planet Exploration Inc. and changed its name to Planet Mining Exploration Inc. in April 2012. Planet Ventures, Inc. was founded in 1996 and is based in Vancouver, Canada.

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Day Price Range
0.02
Low
0.02
High
52 Week Price Range
0.02
Low
0.06
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
0.02
Dividend Yield
-
Revenue TTM
-0.77M
Revenue Per Share
-0.01
Gross Profit TTM
-1.48M
Debt / Equity
-
ROE
-11.66%
Net Debt
-
ROCE
-34.42%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Type yearly yearly yearly yearly yearly
Date 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Income before tax -1.82M -1.80M -5.21M -1.95M -1.03M
Net income -1.82M -1.80M -5.21M -1.95M -1.03M
Selling general administrative 0.23M 0.80M 2.38M 0.48M 0.54M
Gross profit - - - -1.56M -0.52M
Reconciled depreciation 0.08M 0.07M 0.07M 0.07M -
Ebit - -2.33M -6.17M -2.09M -1.03M
Ebitda -1.71M -1.72M -5.12M -1.85M -1.05M
Operating income -2.09M -2.35M -6.22M -2.12M -1.05M
Interest expense 0.03M 0.01M 0.01M 0.02M 0.00M
Net interest income -0.03M -0.01M -0.01M -0.02M 0.03M
Total revenue -0.05M -1.48M 1.41M -1.55M -0.50M
Total operating expenses 2.04M 0.87M 7.64M 0.56M 0.55M
Cost of revenue - - - 0.01M 0.01M
Total other income expense net 0.31M 0.56M 1.03M 0.19M -0.00M
Net income from continuing ops -1.82M -1.80M -5.21M -1.95M -1.03M
Net income applicable to common shares - -1.80M -5.21M -1.95M -1.03M
Breakdown 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Type yearly yearly yearly yearly yearly
Date 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Total assets 6.47M 7.17M 8.03M 9.64M 5.06M
Total liab 0.65M 0.63M 0.55M 0.25M 0.04M
Total stockholder equity 5.82M 6.54M 7.48M 9.39M 5.02M
Other current liab - 0.16M 0.24M 0.07M 0.01M
Common stock - 25.90M 24.99M 23.00M 16.72M
Capital stock 26.99M 25.90M 24.99M 23.00M 16.72M
Retained earnings -24.65M -22.84M -21.04M -15.83M -13.89M
Other assets - 0.03M 0.03M 0.03M 0.03M
Cash 3.72M 3.85M 3.08M 1.45M 2.36M
Total current liabilities 0.41M 0.31M 0.55M 0.18M 0.04M
Other stockholder equity - - 0.07M - -
Property plant equipment - 0.37M 0.07M 0.14M -
Total current assets 6.15M 6.76M 7.92M 3.51M 5.03M
Long term investments 0.00M 0.01M 0.01M 5.96M -
Net tangible assets - 6.54M 7.48M 9.39M 5.02M
Short term investments 2.34M 2.40M 4.02M 1.65M 2.34M
Net receivables 0.05M 0.51M 0.69M 0.22M 0.31M
Accounts payable - 0.09M 0.23M 0.03M 0.02M
Non currrent assets other - - - - 0.03M
Non current assets total 0.32M 0.41M 0.11M 6.13M 0.03M
Capital lease obligations 0.31M 0.37M 0.08M 0.15M -
Breakdown 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Type yearly yearly yearly yearly yearly
Date 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Investments -0.09M -0.09M -0.09M -0.08M -
Change to liabilities - -0.06M 0.37M 0.06M 0.00M
Total cashflows from investing activities - -0.09M -0.09M -0.08M -0.08M
Total cash from financing activities 1.09M 0.85M 1.57M 1.41M 1.31M
Change to operating activities - 0.36M -0.43M -0.09M -0.09M
Net income -1.82M -1.80M -5.21M -1.95M -1.03M
Change in cash -0.13M 0.77M 1.63M -0.91M 0.71M
Begin period cash flow 3.85M 3.08M 1.45M 2.36M 1.65M
End period cash flow 3.72M 3.85M 3.08M 1.45M 2.36M
Total cash from operating activities -1.13M 0.01M 0.15M -2.24M -0.60M
Issuance of capital stock 1.09M 0.83M 0.95M 1.41M 1.06M
Depreciation 0.08M 0.07M 0.07M 0.07M 0.07M
Other cashflows from investing activities - -0.09M -0.09M -0.08M -0.08M
Change to account receivables -0.00M -0.02M 0.01M 0.01M -0.05M
Sale purchase of stock - 0.00M -0.03M - -
Other cashflows from financing activities - -0.08M -0.05M -0.05M -0.04M
Change to netincome - 1.44M 5.32M -0.35M 0.56M
Capital expenditures 0.00M 0.00M 0.09M 0.08M 0.00M
Change in working capital 0.35M 0.29M -0.04M -0.02M -0.14M
Stock based compensation 0.00M 0.01M 1.25M 0.00M 0.26M
Other non cash items -1.55M -0.05M 0.27M -1.90M -0.46M
Free cash flow -1.13M 0.01M 0.06M -2.32M -0.60M

Peer Comparison*

Sector: Financial Services Industry: Asset Management

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)
PXI
Planet Ventures Inc
-
-%
0.02 - - 8.86 0.39 44.80 6.30
PVF-UN
Partners Value Investments LP
-
-%
16.00 175.06 - 5.81 - - -
CTH
CoTec Holdings Corp.
-0.07
6.67%
0.98 - 0.14 368.93 3.34 36.25 23.26
PTF
Pender Growth Fund VCC Inc
-
-%
14.51 - - 5.35 0.90 6.32 29.18
SQG
Spackman Equit
-
-%
0.12 - - 6.86 2.68 4.06 -1.45

Profile*

Planet Ventures Inc

Planet Ventures, Inc.is a venture capital firm specializing in early stage investments. The firm focuses on holding investments in the resource, biotechnology, and technology companies. The firm seeks to invest in disruptive and emerging growth companies and industries with focus on technology, blockchain, crypto-currencies, fantasy and sports betting markets. The company also focuses on investing in undervalued resource projects and companies in the precious metals, uranium and coal, oil and gas, base metals, potash, lithium, and rare earths sectors. The firm makes investment in both public or private companies in form of equity or debt respectively. The firm typically takes an active management role as part of its investment strategy by participating at the Board/Advisory levels. The company was formerly known as Planet Exploration Inc. and changed its name to Planet Mining Exploration Inc. in April 2012. Planet Ventures, Inc. was founded in 1996 and is based in Vancouver, Canada.

750 West Pender Street, Vancouver, BC, Canada, V6C 2T7

(604) 681-0084

Name Title Year Born
Mr. Christopher Robert Cooper BBA, MBA CFO & Director 1970
Mr. Desmond M. Balakrishnan B.A., BA, L.L.B., LL.B. Exec. Director 1971
Mr. Christopher Glancy Chief Product Officer of 1st 11 NA
Mr. Peter Glancy Chief Exec. Officer of 1st 11 NA
Cassandra Gee Corp. Sec. 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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