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Node
Node (320191.TSXV) is a blockchain-based software company listed on the TSXV (TSX Venture Exchange) in Canada. Here's an overview of the company's financials, growth, and other relevant information:
1. Stock Symbol: 320191.TSXV
2. Industry: Blockchain, Software
3. Headquarters: Toronto, Canada
4. Founded: 2010
5. Market Capitalization: Approximately CAD 110 million (as of March 2023)
Financial Highlights:
1. Revenue:
* 2022: CAD 1.3 million
* 2021: CAD 660,000
* 2020: CAD 450,000
2. Net Income (Loss):
* 2022: CAD (2.2 million)
* 2021: CAD (1.5 million)
* 2020: CAD (1.2 million)
3. Total Assets: CAD 2.4 million (as of December 2022)
4. Total Liabilities: CAD 1.1 million (as of December 2022)
Growth and Performance:
1. Revenue Growth: 97% YoY growth in 2022 compared to 2021
2. Gross Margin: 64% (2022)
3. Earnings Per Share (EPS): CAD ($0.01) (2022)
4. Book Value Per Share: CAD 0.28 (as of December 2022)
Strategic Partnerships and Milestones:
1. Partnered with major companies like Coca-Cola, Unilever, and Nestle for blockchain-based food safety tracking.
2. Developed software solutions for industries such as logistics, supply chain management, and asset tracking.
3. Exited several spin-off companies, including a healthcare technology spin-off, Node Health.
4. Received multiple patents for blockchain-based innovations.
Challenges and Risks:
1. The company faces intense competition in the rapid-paced blockchain and software industries.
2. Dependence on strategic partnerships and the potential loss of these partnerships.
3. The potential volatility of cryptocurrency markets and the impact on Node's business.
4. The company's limited financial resources and reliance on equity financing.
Conclusion:
Node (320191.TXSV) is a blockchain-based software company with a growing revenue stream and a strong list of partners. However, the company faces intense competition, dependence on partnerships, and potential risks associated with the cryptocurrency market. Investors should carefully assess the company's financials, growth prospects, and potential challenges before making an investment decision.