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    LQWD   CA50213W1077

LQWD FINTECH CORP.

(LQWD)
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LQwD Fintech : Virtually Closes The Market

07/09/2021 | 05:02pm EDT

VANCOUVER, BC, July 9, 2021 /CNW/ - Shone Anstey, Chairman and  Chief Executive Officer, LQwD Fintech Corp. (''LQwD Fintech'' or the "Company") (TSXV: LQwD), and his team joined Monica Hamm, Manager, Client Success TMX Group, to celebrate the Company's new listing on TSX Venture Exchange and close the market.

LQwDFinTech Corp. is a Canadian-based company developing software, which enables the setup of nodes and payment channels on the Bitcoin Lightning Network. The Lightning Network is a layer two technology that dramatically improves bitcoin's scalability, transaction fees, and settlement times. For more information please visit: www.lqwdfintech.com.

SOURCE TSX Venture Exchange

© Canada Newswire, source Canada Newswire English

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Financials
Sales 2021 0,13 M 0,10 M 0,10 M
Net income 2021 -0,81 M -0,66 M -0,66 M
Net cash 2021 1,84 M 1,49 M 1,49 M
P/E ratio 2021 -11,7x
Yield 2021 -
Capitalization 29,9 M 24,3 M 24,3 M
EV / Sales 2020 55,6x
EV / Sales 2021 70,6x
Nbr of Employees 9
Free-Float -
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Managers and Directors
Shone Anstey Chairman & Chief Executive Officer
Barry Alan Brent MacNeil Chief Financial Officer
Albert Szmigielski Chief Technology Officer
D. Kim Evans Independent Director
Dean Sutton Independent Director