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Findev Inc
Previous close
$0.39
Year range
$0.29 - $0.48
Market cap
11.17M CAD
Avg Volume
1.31K
P/E ratio
7.61
Dividend yield
10.59%
Primary exchange
CVE
Market news
Financials
Income Statement
Revenue
Net income
| (CAD) | Sep 2023info | Y/Y change |
|---|---|---|
Revenue | 870.24K | 12.79% |
Operating expense | 65.69K | -3.10% |
Net income | 424.20K | -19.25% |
Net profit margin | 48.75 | -28.40% |
Earnings per share | — | — |
EBITDA | — | — |
Effective tax rate | 39.69% | — |
Balance Sheet
Total assets
Total liabilities
| (CAD) | Sep 2023info | Y/Y change |
|---|---|---|
Cash and short-term investments | 304.22K | 12.14% |
Total assets | 24.83M | 2.48% |
Total liabilities | 324.46K | -2.61% |
Total equity | 24.50M | — |
Shares outstanding | 28.65M | — |
Price to book | 0.45 | — |
Return on assets | 8.13% | — |
Return on capital | 8.24% | — |
Cash Flow
Net change in cash
| (CAD) | Sep 2023info | Y/Y change |
|---|---|---|
Net income | 424.20K | -19.25% |
Cash from operations | 183.22K | -16.96% |
Cash from investing | — | — |
Cash from financing | -214.86K | 0.00% |
Net change in cash | -31.64K | -645.71% |
Free cash flow | -32.49K | 36.56% |
About
Findev Inc. is a real estate investing company, with its head office in Toronto. It is involved in property development within the Greater Toronto Area. The company is aligned with Plazacorp, a property development company, which is its major shareholder. The current CEO is Sruli Weinreb.
A former technology company founded by Gavriel State - who ran the Linux product division at Corel. TransGaming's Graphics and Portability Group was acquired by NVIDIA in 2015, paving the way to NVIDIA's first office in Toronto, Canada.
In 2016, TransGaming Inc. decided to change its business focus from technology and gaming to real estate financing. In August 2016 its last remaining gaming division, GameTree TV, with its subsidiaries and offices in Tel Aviv and Kyiv, were sold to TransGaming Interactive UK Limited - a subsidiary of General Media Ventures based in the United Kingdom. This company, now renamed to PlayWorks Digital Ltd., carries on the former GameTree TV business under the PlayWorks name. Wikipedia
Founded
2001
Headquarters
Website
Employees
35
