August 23, 2017 8:51 AM ET

Internet Software and Services

Company Overview of Urthecast Corp.

Company Overview

UrtheCast Corp., a technology company, provides information-rich products and services to geospatial and geoanalytics markets. The company operates earth observation sensors in space, including two satellites, Deimos-1 and Deimos-2 to produce imagery data that is displayed on company’s cloud-based Web platform and distributed directly to partners and customers. It is also developing OptiSAR, an integrated constellation of multispectral optical and synthetic aperture radar satellite; and UrtheDaily an eight-satellite constellation designed to capture optical imagery of the Earth’s landmass. In addition, the company offers engineering and value-added services. UrtheCast Corp. is headquartered ...

1055 Canada Place

Suite 33

Vancouver, BC V6C 0C3

Canada

246 Employees

Phone:

604-669-1788

Fax:

604-669-1799

Key Executives for Urthecast Corp.

Co-Founder, Chief Executive Officer, President and Non-Independent Director
Age: 47
Total Annual Compensation: C$317.5K
Co-Founder and Chief Technology Officer
Age: 53
Total Annual Compensation: C$220.0K
Executive Vice-President, General Counsel and Corporate Secretary
Total Annual Compensation: C$220.0K
Executive Vice President of Corporate Finance and Strategy
Age: 48
Total Annual Compensation: C$291.6K
Consultant
Age: 54
Total Annual Compensation: C$220.0K
Compensation as of Fiscal Year 2016.

Urthecast Corp. Key Developments

Urthecast Corp. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended on June 30, 2017; Provides Earnings Guidance for the Fiscal Year 2017

UrtheCast Corp. announced unaudited consolidated earnings results for the second quarter and six months ended on June 30, 2017. For the quarter, the company reported revenue of CAD 11,854,000 against CAD 20,973,000 a year ago. Operating loss was CAD 4,466,000 against CAD 697,000 a year ago. Loss before income taxes was CAD 5,207,000 against CAD 1,487,000 a year ago. Net loss was CAD 3,905,000 against CAD 277,000 a year ago. Basic and diluted net loss per share was CAD 0.03. Non-IFRS revenue was CAD 11,854,000 against CAD 15,894,000 a year ago. LBITDA was CAD 583,000 against EBITDA of CAD 5,485,000 a year ago. Adjusted EBITDA was CAD 909,000 against CAD 4,992,000 a year ago. For the six months, the company reported revenue of CAD 21,250,000 against CAD 33,125,000 a year ago. Operating loss was CAD 10,612,000 against CAD 12,530,000 a year ago. Loss before income taxes was CAD 11,772,000 against CAD 14,033,000 a year ago. Net loss was CAD 8,984,000 against CAD 11,377,000 a year ago. Basic and diluted net loss per share was CAD 0.08 against CAD 0.11 a year ago. Non-IFRS revenue was CAD 21,250,000 against CAD 22,712,000 a year ago. LBITDA was CAD 2,232,000 against EBITDA of CAD 24,000 a year ago. Adjusted LBITDA was CAD 430,000 against CAD 987,000 a year ago. For fiscal 2017, the company expected to achieve revenue of between CAD 52 million to CAD 60 million and adjusted EBITDA of between CAD 7 million to CAD 12 million.

Urthecast Corp. to Report Q2, 2017 Results on Aug 14, 2017

Urthecast Corp. announced that they will report Q2, 2017 results at 4:00 PM, US Eastern Standard Time on Aug 14, 2017

Urthecast Corp., Q2 2017 Earnings Call, Aug 14, 2017

Urthecast Corp., Q2 2017 Earnings Call, Aug 14, 2017

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