Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Canada
  4. Bourse de Toronto
  5. AnalytixInsight Inc.
  6. News
  7. Summary
    ALY   CA03268Y1060

ANALYTIXINSIGHT INC.

(ALY)
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

AnalytixInsight : Interim Financial Report

11/29/2021 | 10:01am EST

AnalytixInsight Inc.

Condensed Consolidated Interim Financial Statements (Expressed in Canadian dollars)

For the three and nine months ended September 30, 2021 and 2020

AnalytixInsight Inc.

Condensed consolidated interim statements of financial position (Expressed in Canadian dollars)

(unaudited)

Notes

September 30, 2021

December 31, 2020

ASSETS

Current

Cash

$

6,950,475

$

1,669,621

Restricted deposits

57,627

57,586

Accounts and other receivables

3

276,749

349,788

Prepaid expenses

119,544

146,418

Total current assets

7,404,395

2,223,413

Equipment

4

99,204

188,307

Intangible assets

5

-

107,276

Goodwill

5

-

687,116

Investment in associate

6

4,317,799

2,315,666

Other investment

9

60,000

60,000

Total assets

$

11,881,398

$

5,581,778

LIABILITIES

Current

Accounts payable and accrued liabilities

10

$

316,883

$

337,530

Lease liability

13

84,797

106,716

Deferred revenue

87,451

64,967

Loan payable

14

201,814

-

Total current liabilities

690,945

509,213

Lease liability

13

22,809

80,457

Loan payable

14

40,000

40,000

Total liabilities

753,754

629,670

SHAREHOLDERS' EQUITY

Share capital

7

28,550,960

21,444,232

Reserves

8

4,481,841

2,108,862

Deficit

(22,117,355)

(18,830,172)

Currency translation reserve

212,198

229,186

Total shareholders' equity

11,127,644

4,952,108

Total liabilities and shareholders' equity

$

11,881,398

$

5,581,778

Nature of operations and going concern

1

Commitments and contingencies

11

Approved by the Board of Directors on November 19, 2021.

"Prakash Hariharan"

"Chaith Kondragunta"

Prakash Hariharan -

Director

Chaith Kondragunta - Director

The accompanying notes are an integral part of these condensed consolidated interim financial statements.

2

AnalytixInsight Inc.

Condensed consolidated interim statements of loss and comprehensive loss (Expressed in Canadian dollars)

(unaudited)

Three months ended

Nine months ended

Notes

September 30,

September 30,

2021

2020

2021

2020

REVENUE

12

$

703,799

$

900,505

$

2,430,961

$

2,295,885

Services

TOTAL REVENUE

703,799

900,505

2,430,961

2,295,885

Cost of sales

583,693

606,668

1,770,601

1,708,755

Amortization

5

(205)

123,542

106,673

376,752

Gross profit

120,311

170,295

553,687

210,378

EXPENSES

Consulting and compensation

10

531,827

460,664

1,344,239

1,155,064

Professional fees

101,641

62,651

240,374

133,141

General and administration

77,557

117,697

242,447

260,179

Selling and marketing

126,720

94,024

236,265

196,862

Travel

82,044

52,802

156,284

197,269

Depreciation

4

28,795

19,469

88,953

83,662

Share-based compensation

8

688,176

190,969

797,890

190,969

TOTAL EXPENSES

1,636,760

998,276

3,106,452

2,217,146

Loss before other items

(1,516,449)

(827,981)

(2,552,765)

(2,006,768)

OTHER ITEMS

Interest expense

(2,233)

(17,014)

(8,306)

(26,571)

Other income

2,483

-

2,493

-

Share of (loss) income from investment in associate

6

(27,600)

109,895

(110,047)

432,478

Foreign exchange gain

9,615

(1,150)

13,104

12,386

Other tax expense

-

(707)

-

(707)

Impairment of goodwill

5

(677,120)

-

(677,120)

-

Net loss before tax

(2,211,304)

(736,957)

(3,332,641)

(1,589,182)

Income and other tax expense

-

-

-

-

Net loss for the period

(2,211,304)

(736,957)

(3,332,641)

(1,589,182)

Other comprehensive (loss) gain

Foreign currency translation

2,230

(113,977)

(16,988)

67,397

Loss and comprehensive loss for the period

$

(2,209,074)

$

(850,934)

$

(3,349,629)

$

(1,521,785)

Weighted average number of shares outstanding - basic

and diluted

96,037,611

78,062,912

86,977,257

77,958,447

Basic and diluted loss per share

$

(0.02)

$

(0.01)

$

(0.04)

$

(0.02)

The accompanying notes are an integral part of these condensed consolidated interim financial statements.

3

AnalytixInsight Inc.

Condensed consolidated interim statements of cash flows (Expressed in Canadian dollars)

(unaudited)

Nine months ended

Notes

September 30,

2021

2020

Cash provided by (used in):

Operations:

$

(3,332,641)

Net loss for the period

$

(1,589,182)

Items not involving cash:

88,953

Depreciation

4

93,052

Amortization of intangible assets

5

106,673

376,752

Loss (income) from investment in associate

6

110,047

(432,478)

Share-based compensation

8

797,890

190,969

Impairment of goodwill

5

677,120

-

Net cash from operating activities before changes in working capital

(1,551,958)

(1,360,887)

Change in non-cash operating working capital

118,727

401,894

Net cash flows from operating activities

(1,433,231)

(958,993)

Investing:

(2,112,180)

Investment in Marketwall

6

-

Additions to equipment

4

-

(11,646)

Net cash flows from investing activities

(2,112,180)

(11,646)

Financing:

(79,567)

Payment of principal portion of lease liability

13

(73,179)

Exercise of stock options

7, 8

480,150

-

Exercise of warrants

7, 8

15,113

62,225

Prospectus financing

7

9,257,500

-

Share issuance costs

7

(1,025,488)

-

Loan payable

201,814

216,651

Net cash flows from financing activities

8,849,522

205,697

Effect of exchange rate change on cash

(23,257)

15,098

Change in cash for the period

5,304,111

(764,942)

Cash, beginning of the period

1,669,621

1,354,612

Cash, end of the period

$

6,950,475

$

604,768

Supplementary information:

$

-

Right-of-use asset

4

$

314,253

Broker warrants

7, 8

442,482

-

Broker units

7, 8

123,649

-

Per BS:

6,950,475

1,669,621

Cash Flow Check:

$

-

1,064,853.00

The accompanying notes are an integral part of these condensed consolidated interim financial statements.

4

AnalytixInsight Inc.

Condensed consolidated interim statement of changes in shareholders' equity (Expressed in Canadian dollars)

(unaudited)

Number of

Share capital

Reserves

Deficit

Currency

Shareholders'

translation

shares

reserve

equity

Balance, December 31, 2019

77,751,787

$

19,993,820

$

1,687,466

$ (16,890,938)

$

232,066

$

5,022,414

Warrant exercise

311,125

97,835

(35,610)

-

-

62,225

Other comprehensive gain for the period

-

-

-

-

181,374

181,374

Net loss for the period

-

-

-

(494,525)

-

(494,525)

Balance, September 30, 2020

78,062,912

$

20,091,655

$

1,651,856

$ (17,385,463)

$

413,440

$

4,771,488

Balance, December 31, 2020

81,122,549

$

21,444,232

$

2,108,862

$ (18,830,172)

$

229,186

$

4,952,108

Warrant exercise

22,550

18,423

(3,310)

-

-

15,113

Option expiry

-

-

(45,458)

45,458

-

-

Option exercise

1,680,000

820,972

(340,822)

-

-

480,150

Option grant

-

-

797,889

-

-

797,889

Prospectus financing

13,225,000

7,755,304

1,502,196

-

-

9,257,500

Cost of issue

-

(1,591,619)

-

-

-

(1,591,619)

Broker units

103,648

20,001

-

-

123,649

Broker warrants

-

-

442,483

-

-

442,483

Other comprehensive loss for the period

-

-

-

-

(16,988)

(16,988)

Net loss for the period

-

-

-

(3,332,641)

-

(3,332,641)

Balance, September 30, 2021

96,050,099

$

28,550,960

$

4,481,841

$ (22,117,355)

$

212,198

$

11,127,644

The accompanying notes are an integral part of these condensed consolidated interim financial statements.

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

AnalytixInsight Inc. published this content on 29 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2021 15:00:04 UTC.


© Publicnow 2021
All news about ANALYTIXINSIGHT INC.
2021ANALYTIXINSIGHT : 52-109FV2 Certification of interim filing CEO
PU
2021ANALYTIXINSIGHT : 52-109FV2 Certification of Interim Filing CFO
PU
2021ANALYTIXINSIGHT : 52-109FV2 Certification of Interim Filings
PU
2021ANALYTIXINSIGHT : 52-109FV2 Certification of Interim Filings CFO
PU
2021ANALYTIXINSIGHT : Interim Financial Report
PU
2021ANALYTIXINSIGHT : Reports Third Quarter 2021 Financial Results
PU
2021AnalytixInsight Inc. Reports Earnings Results for the Third Quarter and Nine Months End..
CI
2021ANALYTIXINSIGHT : Euclides Partners with Zinier to Power a New Era of AI and Intelligent A..
PU
2021ANALYTIXINSIGHT : to Present at the LD Micro Investor Conference
AQ
2021Analytixinsight Inc. Reports Earnings Results for the Second Quarter Ended June 30, 202..
CI
More news
Financials
Sales 2020 3,18 M 2,52 M 2,52 M
Net income 2020 -1,98 M -1,57 M -1,57 M
Net cash 2020 1,44 M 1,14 M 1,14 M
P/E ratio 2020 -29,0x
Yield 2020 -
Capitalization 63,5 M 50,1 M 50,3 M
EV / Sales 2019 11,0x
EV / Sales 2020 18,2x
Nbr of Employees -
Free-Float 78,6%
Chart ANALYTIXINSIGHT INC.
Duration : Period :
AnalytixInsight Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Prakash Hariharan Chairman & Chief Executive Officer
Paul Sandor Bozoki Chief Financial Officer
Jith Veeravalli Independent Director
Catherine Stretch Independent Non-Executive Director
S. Chaith Kondragunta Director & Managing Director
Sector and Competitors
1st jan.Capi. (M$)
ANALYTIXINSIGHT INC.-17.50%50
ORACLE CORPORATION-5.49%220 098
SAP SE-7.13%154 804
SERVICENOW, INC.-18.99%104 640
CONSTELLATION SOFTWARE INC.-11.33%34 795
DOCUSIGN, INC.-20.01%24 107