ABXXF
Abaxx Technologies Inc.
Price Chart
No historical data available
Latest Quote
$16.35
| Previous Close | $17.58 |
| Open | $17.76 |
| Day High | $18.22 |
| Day Low | $16.25 |
| Volume | 14,092 |
Stock Information
| Shares Outstanding | 38.79M |
| Total Debt | $20.22M |
| Cash Equivalents | $68.64M |
| Revenue | $730K |
| Net Income | $-49.71M |
| Sector | Technology |
| Industry | Software - Application |
| Market Cap | $634.20M |
| EPS (TTM) | $-1.37 |
| Exchange | OQX |
Recent Price History
About Abaxx Technologies Inc.
Abaxx Technologies Inc., engages in developing software tools which enable commodity traders and finance professionals to communicate, trade, and transact in Canada. The company offers Abaxx Spot, a smarter markets for physical gold trading; Adaptive Infrastructure, a smarter market infrastructure to provide a unified custodial foundation across regulated and privately negotiated markets; MarketOS, an integrated console suite that helps to identity, communication, documentation, and agreement workflows for institutional markets; and Abaxx Digital Title, a re-engineering tokenization. It also provides Abaxx Exchange, a global commodity futures exchange and clearinghouse licensed by the Monetary Authority of Singapore (MAS) as a recognised market operator and approved clearinghouse; and financing solutions to voluntary carbon markets. Abaxx Technologies Inc. was founded in 2018 and is headquartered in Toronto, Canada.
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Income Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $968,848 | $215,510 | $0 | $0 |
| Operating Revenue | $968,848 | $215,510 | $0 | $0 |
| Expenses | ||||
| Total Expenses | $49,899,229 | $31,309,340 | $19,933,635 | $14,187,912 |
| Other Income Expense | $-7,570,096 | $19,606,656 | $1,647,825 | $1,282,880 |
| Other Non Operating Income Expenses | $-102,272 | $-228,251 | $273,725 | $177,889 |
| Operating Expense | $49,899,229 | $31,309,340 | $19,933,635 | $14,187,912 |
| Other Operating Expenses | $271,569 | $18,171 | - | - |
| Selling And Marketing Expense | $2,800,791 | $1,201,696 | $1,324,437 | $795,164 |
| General And Administrative Expense | $35,573,163 | $18,752,308 | $10,264,181 | $8,543,023 |
| Interest Expense | - | - | - | $0 |
| Net Non Operating Interest Income Expense | - | - | - | $425,411 |
| Interest Expense Non Operating | - | - | - | $0 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-54,075,308 | $-9,631,044 | $-17,025,702 | $-11,928,768 |
| Normalized Income | $-53,379,883 | $-9,238,460 | $-20,573,645 | $-13,415,700 |
| Net Income From Continuing And Discontinued Operation | $-54,075,308 | $-9,631,044 | $-17,025,702 | $-11,928,768 |
| Total Operating Income As Reported | $-48,930,381 | $-31,093,830 | $-19,933,635 | $-14,187,912 |
| Net Income Common Stockholders | $-54,075,308 | $-9,631,044 | $-17,025,702 | $-11,928,768 |
| Net Income | $-54,075,308 | $-9,631,044 | $-17,025,702 | $-11,928,768 |
| Net Income Including Noncontrolling Interests | $-56,500,477 | $-11,487,174 | $-18,285,810 | $-12,905,032 |
| Net Income Continuous Operations | $-56,500,477 | $-11,487,174 | $-18,285,810 | $-12,905,032 |
| Pretax Income | $-56,500,477 | $-11,487,174 | $-18,285,810 | $-12,905,032 |
| Earnings From Equity Interest | $-6,772,399 | $20,227,491 | $-2,173,843 | $-381,941 |
| Operating Income | $-48,930,381 | $-31,093,830 | $-19,933,635 | $-14,187,912 |
| Net Interest Income | - | - | - | $425,411 |
| Interest Income | - | - | - | $425,411 |
| Special Income Charges | - | - | - | $0 |
| Interest Income Non Operating | - | - | - | $425,411 |
| Per Share | ||||
| Diluted EPS | $-1.65 | $-0.38 | $-0.69 | $-0.51 |
| Basic EPS | $-1.65 | $-0.38 | $-0.69 | $-0.51 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-48,234,956 | $-30,701,246 | $-23,481,578 | $-15,674,844 |
| Total Unusual Items | $-695,425 | $-392,584 | $3,547,943 | $1,486,932 |
| Total Unusual Items Excluding Goodwill | $-695,425 | $-392,584 | $3,547,943 | $1,486,932 |
| EBITDA (Bullshit earnings) | $-48,930,381 | $-31,093,830 | $-19,933,635 | $-14,187,912 |
| EBIT | $-48,930,381 | $-31,093,830 | $-19,933,635 | $-14,187,912 |
| Diluted Average Shares | $32,862,411 | $25,488,014 | $24,509,752 | $22,848,550 |
| Basic Average Shares | $32,862,411 | $25,488,014 | $24,509,752 | $22,848,550 |
| Diluted NI Availto Com Stockholders | $-54,075,308 | $-9,631,044 | $-17,025,702 | $-11,928,768 |
| Minority Interests | $2,425,169 | $1,856,130 | $1,260,108 | $976,264 |
| Gain On Sale Of Security | $-695,425 | $-392,584 | $3,547,943 | $1,486,932 |
| Research And Development | $11,253,706 | $11,337,165 | $8,345,017 | $4,849,725 |
| Selling General And Administration | $38,373,954 | $19,954,004 | $11,588,618 | $9,338,187 |
| Other Gand A | $7,581,537 | $5,714,610 | $3,531,437 | $3,849,386 |
| Salaries And Wages | $27,991,626 | $13,037,698 | $6,732,744 | $4,693,637 |
| Write Off | - | - | - | $0 |
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $49,888,102 | $48,697,489 | $14,758,909 | $30,637,323 |
| Total Assets | $51,552,924 | $48,703,128 | $14,003,399 | $29,293,566 |
| Total Non Current Assets | $21,032,896 | $21,649,439 | $2,134,915 | $5,451,446 |
| Goodwill And Other Intangible Assets | $378,553 | $0 | - | - |
| Current Assets | $30,520,028 | $27,053,689 | $11,868,484 | $23,842,120 |
| Other Current Assets | $918,262 | $681,165 | $533,908 | $226,946 |
| Restricted Cash | $3,634,953 | $0 | $0 | $70,000 |
| Receivables | $502,470 | $1,152,057 | $1,728,713 | $1,742,445 |
| Other Receivables | $316,632 | $391,708 | $438,592 | $468,567 |
| Notes Receivable | $185,838 | $760,349 | $1,290,121 | $1,273,878 |
| Cash Cash Equivalents And Short Term Investments | $25,464,343 | $25,220,467 | $9,605,863 | $21,802,729 |
| Cash And Cash Equivalents | $25,403,981 | $25,164,176 | $4,580,868 | $19,356,950 |
| Prepaid Assets | - | - | $533,908 | $226,946 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $9,524,194 | $5,818,395 | $3,201,116 | $1,352,761 |
| Total Non Current Liabilities Net Minority Interest | $0 | $0 | $0 | $0 |
| Current Liabilities | $9,524,194 | $5,818,395 | $3,201,116 | $1,352,761 |
| Other Current Liabilities | $3,634,953 | - | - | - |
| Payables And Accrued Expenses | $5,889,241 | $5,818,395 | $3,201,116 | $1,352,761 |
| Payables | $5,133,120 | $3,047,408 | $3,201,116 | - |
| Accounts Payable | $3,308,562 | $2,466,161 | $3,201,116 | - |
| Equity | ||||
| Common Stock Equity | $44,169,155 | $48,697,489 | $14,758,909 | $30,637,323 |
| Preferred Stock Equity | $6,097,500 | - | - | - |
| Total Equity Gross Minority Interest | $42,028,730 | $42,884,733 | $10,802,283 | $27,940,805 |
| Stockholders Equity | $50,266,655 | $48,697,489 | $14,758,909 | $30,637,323 |
| Gains Losses Not Affecting Retained Earnings | $4,085,322 | $651,297 | $1,759,091 | $672,626 |
| Other Equity Adjustments | $4,085,322 | $651,297 | $1,759,091 | $672,626 |
| Retained Earnings | $-120,684,554 | $-66,609,246 | $-56,978,202 | $-35,624,447 |
| Long Term Equity Investment | $14,590,400 | $19,931,307 | $0 | $2,764,516 |
| Other Equity Interest | - | - | $3,881,098 | $3,881,098 |
| Other | ||||
| Ordinary Shares Number | $33,913,697 | $24,516,061 | $24,411,694 | $23,738,841 |
| Share Issued | $33,913,697 | $24,516,061 | $24,411,694 | $23,738,841 |
| Tangible Book Value | $43,790,602 | $48,697,489 | $14,758,909 | $30,637,323 |
| Invested Capital | $44,169,155 | $48,697,489 | $14,758,909 | $30,637,323 |
| Working Capital | $20,995,834 | $21,235,294 | $8,667,368 | $22,489,359 |
| Total Capitalization | $50,266,655 | $48,697,489 | $14,758,909 | $30,637,323 |
| Minority Interest | $-8,237,925 | $-5,812,756 | $-3,956,626 | $-2,696,518 |
| Additional Paid In Capital | $28,940,840 | $13,482,338 | $5,899,244 | $4,616,291 |
| Capital Stock | $137,925,047 | $101,173,100 | $60,197,678 | $57,091,755 |
| Common Stock | $131,827,547 | $101,173,100 | $60,197,678 | $57,091,755 |
| Preferred Stock | $6,097,500 | $0 | - | $0 |
| Current Accrued Expenses | $756,121 | $2,770,987 | $0 | - |
| Dueto Related Parties Current | $1,824,559 | $581,247 | $0 | - |
| Investments And Advances | $20,654,343 | $21,649,439 | $2,134,915 | $5,451,446 |
| Other Investments | $6,063,943 | $1,718,132 | $2,134,915 | $2,686,930 |
| Investmentsin Associatesat Cost | $14,590,400 | $19,931,307 | $0 | $2,764,516 |
| Goodwill | $378,553 | $0 | - | - |
| Other Short Term Investments | $60,362 | $56,291 | $5,024,995 | $2,445,779 |
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-30,266,895 | $-22,472,728 | $-15,300,725 | $-12,297,675 |
| Operating Activities | ||||
| Operating Cash Flow | $-30,266,895 | $-22,472,728 | $-15,300,725 | $-12,297,675 |
| Cash Flow From Continuing Operating Activities | $-30,266,895 | $-22,472,728 | $-15,300,725 | $-12,297,675 |
| Operating Gains Losses | $5,307,965 | $-20,010,263 | $-1,975,346 | $-176,203 |
| Investing Activities | ||||
| Investing Cash Flow | $0 | $5,241,666 | $-1,834,810 | $-3,010,951 |
| Cash Flow From Continuing Investing Activities | $0 | $5,241,666 | $-1,834,810 | $-3,010,951 |
| Net Other Investing Changes | - | - | - | $-622,400 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $25,660,778 | $36,410,400 | $0 | $23,329,112 |
| Financing Cash Flow | $27,072,675 | $38,922,164 | $1,272,988 | $25,105,903 |
| Cash Flow From Continuing Financing Activities | $27,072,675 | $38,922,164 | $1,272,988 | $25,105,903 |
| Net Preferred Stock Issuance | $6,097,500 | $0 | - | - |
| Preferred Stock Issuance | $6,097,500 | $0 | - | - |
| Net Common Stock Issuance | $19,563,278 | $36,410,400 | $0 | $23,329,112 |
| Common Stock Issuance | $19,563,278 | $36,410,400 | $0 | $23,329,112 |
| Net Other Financing Charges | - | - | $188,750 | $1,337,700 |
| Other | ||||
| Issuance Of Debt | $0 | $1,033,946 | $0 | $0 |
| End Cash Position | $25,403,981 | $25,164,176 | $4,580,868 | $19,356,950 |
| Beginning Cash Position | $25,164,176 | $4,580,868 | $19,356,950 | $8,861,671 |
| Effect Of Exchange Rate Changes | $3,434,025 | $-1,107,794 | $1,086,465 | $698,002 |
| Changes In Cash | $-3,194,220 | $21,691,102 | $-15,862,547 | $9,797,277 |
| Proceeds From Stock Option Exercised | $1,411,897 | $1,477,818 | $1,084,238 | $439,091 |
| Net Issuance Payments Of Debt | $0 | $1,033,946 | $0 | $0 |
| Net Long Term Debt Issuance | $0 | $1,033,946 | $0 | $0 |
| Long Term Debt Issuance | $0 | $1,033,946 | $0 | $0 |
| Net Investment Purchase And Sale | $0 | $5,241,666 | $-1,834,810 | $757,906 |
| Sale Of Investment | $0 | $5,241,666 | $4,615,563 | $1,418,770 |
| Change In Working Capital | $-91,175 | $2,516,906 | $1,478,307 | $-1,339,032 |
| Change In Payables And Accrued Expense | $70,846 | $2,617,279 | $1,874,044 | $-1,406,986 |
| Change In Prepaid Assets | $-237,097 | $-147,257 | $-306,962 | $-172,779 |
| Change In Receivables | $75,076 | $46,884 | $-88,775 | $240,733 |
| Other Non Cash Items | $518,735 | $545,488 | $27,057 | $149,498 |
| Stock Based Compensation | $19,143,068 | $5,755,254 | $3,304,638 | $2,582,798 |
| Unrealized Gain Loss On Investment Securities | $1,354,989 | $207,061 | $150,429 | $-609,704 |
| Earnings Losses From Equity Investments | $6,772,399 | $-20,227,491 | $2,173,843 | $381,941 |
| Net Foreign Currency Exchange Gain Loss | $-1,464,434 | $217,228 | $-476,898 | $-451,817 |
| Net Income From Continuing Operations | $-56,500,477 | $-11,487,174 | $-18,285,810 | $-12,905,032 |
| Purchase Of Investment | - | $0 | $-6,450,373 | $-660,864 |
| Net Business Purchase And Sale | - | - | $0 | $-3,146,457 |
| Purchase Of Business | - | - | $0 | $-3,146,457 |
| Sale Of Business | - | - | - | $0 |
| Change In Other Working Capital | - | - | - | $1,256,450 |
| Asset Impairment Charge | - | - | - | $0 |
| Gain Loss On Investment Securities | - | - | - | $-106,327 |