Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 9.09M | 6.78M | 4.73M | 2.38M | 853.17K |
Gross Profit | 96.17K | 219.29K | 930.41K | 755.16K | 82.51K |
EBITDA | -19.77M | -14.81M | -7.04M | -5.07M | -3.20M |
Net Income | -22.94M | -16.08M | -7.27M | -4.95M | -3.83M |
Balance Sheet | |||||
Total Assets | 77.18M | 63.55M | 56.79M | 37.00M | 8.35M |
Cash, Cash Equivalents and Short-Term Investments | 64.13K | 94.10K | 2.69M | 8.38M | 285.85K |
Total Debt | 16.67M | 2.89M | 146.87K | 236.94K | 589.53K |
Total Liabilities | 106.26M | 70.88M | 54.60M | 27.36M | 7.50M |
Stockholders Equity | -29.08M | -7.33M | 2.19M | 9.64M | 843.24K |
Cash Flow | |||||
Free Cash Flow | -10.27M | -10.09M | -5.94M | -4.45M | -2.66M |
Operating Cash Flow | -9.57M | -1.47M | -5.86M | -4.38M | -2.48M |
Investing Cash Flow | -693.76K | -10.62M | -83.22K | -71.77K | -181.98K |
Financing Cash Flow | 10.32M | 9.20M | 271.63K | 12.55M | 2.94M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
54 Neutral | C$7.75M | ― | -482.34% | ― | -6.76% | 54.64% | |
50 Neutral | C$3.05B | 2.41 | -63.57% | 2.27% | 4.49% | -6.15% | |
47 Neutral | C$9.23M | ― | 99.64% | ― | 39.88% | 0.20% | |
41 Neutral | $2.24M | ― | 30.86% | ― | 5.24% | 1.47% | |
40 Underperform | C$8.31M | ― | ― | -15.73% | -45.92% | ||
37 Underperform | $6.43M | ― | -299.37% | ― | -58.79% | 61.30% | |
37 Underperform | $7.46M | ― | 66.88% | ― | -56.34% | 86.85% |
XTM Inc. reported a 34% year-over-year revenue increase to $9.1 million for 2024, driven by demand for its payment solutions. The company added 689 new business locations, increasing its total to over 3,500, and saw a 40% rise in active users on its Today platform. Operational efficiencies were achieved through reduced overhead and strategic partnerships, including a CAD $13 million credit facility with Pateno Payments and a USD $3 million processing agreement, which are expected to significantly cut costs and support growth. The company’s focus on achieving cash flow positivity and scaling operations positions it well for future expansion.
XTM Inc. has entered into a definitive Asset Purchase Agreement with Pateno Payments Inc. for the sale of QRails, Inc.’s processing technology, valued at USD $3,000,000. This strategic divestiture is expected to reduce XTM’s monthly operating costs by approximately 50%, allowing the company to achieve cash neutrality by Q3 2025. The transaction will enhance XTM’s financial profile by eliminating the operational burden of the processor while maintaining business continuity. The move is anticipated to improve financial flexibility, provide a non-dilutive capital injection, and focus on core growth areas, ultimately benefiting shareholders with improved margins and operational efficiency.