Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
7.09M | 6.98M | 7.41M | 6.88M | 4.06M | 818.56K | Gross Profit |
1.74M | 948.43K | 3.08M | 2.91M | 1.75M | 665.36K | EBIT |
-168.65K | -610.59K | -632.72K | -2.07M | -1.24M | -1.82M | EBITDA |
286.25K | -165.72K | -18.34K | -1.83M | -1.21M | -1.32M | Net Income Common Stockholders |
-99.45K | -709.87K | -824.12K | -2.47M | -1.94M | -1.68M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
52.78K | 196.36K | 20.80K | 279.06K | 921.53K | 6.43K | Total Assets |
2.09M | 2.35M | 2.50M | 2.82M | 2.07M | 1.00M | Total Debt |
1.68M | 2.35M | 2.13M | 2.12M | 822.51K | 913.15K | Net Debt |
1.63M | 2.15M | 2.11M | 1.84M | -99.03K | 906.71K | Total Liabilities |
2.69M | 2.98M | 2.90M | 3.15M | 1.25M | 1.83M | Stockholders Equity |
-606.55K | -633.41K | -403.54K | -329.10K | 817.44K | -831.78K |
Cash Flow | Free Cash Flow | ||||
-437.05K | -207.67K | -646.66K | -1.20M | -1.69M | -1.03M | Operating Cash Flow |
-405.16K | -180.45K | -646.65K | -1.11M | -1.61M | -997.20K | Investing Cash Flow |
-113.13K | -80.32K | 241.40K | -91.68K | -82.00K | -233.28K | Financing Cash Flow |
506.21K | 436.33K | 147.00K | 554.63K | 2.61M | 984.63K |
Quizam Media Corporation has successfully closed a private placement, raising $250,000 through the sale of 5,000,000 units at $0.05 per unit. The funds will be used for general working capital, and no bonuses or commissions were paid in connection with this placement. This move is expected to bolster the company’s financial position and support its ongoing operations in the entertainment and cannabis sectors.
Spark’s Take on TSE:QQ Stock
According to Spark, TipRanks’ AI Analyst, TSE:QQ is a Underperform.
Quizam Media’s overall stock score is adversely impacted by its weak financial performance, with ongoing profitability and solvency issues. Technical analysis indicates current momentum, but caution is warranted due to overbought conditions. Valuation metrics are also unfavorable, highlighting the speculative nature of the investment. The recent private placement provides a positive outlook for financial stability, but significant risks remain.
To see Spark’s full report on TSE:QQ stock, click here.
Quizam Media Corporation has announced a non-brokered private placement of $250,000, issuing 5,000,000 units at $0.05 per unit, each comprising one common share and a half share purchase warrant exercisable at $0.15 for 24 months. This financing move, which includes significant participation from insider CEO Russ Rossi, is expected to bolster the company’s financial position, potentially impacting its operations and market presence in the entertainment and cannabis sectors.
Spark’s Take on TSE:QQ Stock
According to Spark, TipRanks’ AI Analyst, TSE:QQ is a Neutral.
Quizam Media’s financial difficulties, marked by declining revenues, persistent losses, and negative cash flows, significantly weigh down its overall stock score. Despite strong technical momentum, the stock is in an overbought condition, which may lead to a price correction. The poor valuation metrics further compound the risk, making it a speculative investment at this time.
To see Spark’s full report on TSE:QQ stock, click here.