Freedom Internet Group Inc.

Freedom Internet Group Inc.

FIGI
Freedom Internet Group Inc.US flagOther OTC
2.05
USD
- -
- -
22.82MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
- -
0.01
0.01
- -
0.01
Basic EPS, GAAP
-0.02
-0.04
-0.03
-0.04
-0.03
Free Cash Flow per Basic Share
-0.1
-0.1
-0.03
-0.02
-0.02
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
-0.01
-0.05
-0.08
-0.11
-0.11
Tangible Book Value per Share
-0.06
0.09
0.07
0.05
0.09
Basic Weighted Avg Shares
11
11
11
11
11
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
Operating Margin (%)
- -
-306.85
-441.72
-580.49
-411.12
Depreciation Expense
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-474.02
-500.01
-797.1
-578.61
Working Capital
-1
1
1
- -
- -
LT Debt
- -
- -
- -
- -
- -
Total Equity
- -
2
1
1
1
Return on Invested Capital (%)
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jul'22
Oct'22
Jan'23
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
23
23
23

Working Capital

FRC

in mil. unless spec.
Jul'22
Oct'22
Jan'23
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-22.95%
Free Cash Flow
- -
- -
-34.36%
Net Income, GAAP
- -
- -
23.56%
Sales/Revenue/Turnover
- -
- -
-22.49%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
-0.01
-0.01
- -
-0.03
2022
-0.01
-0.01
-0.01
- -
-0.04
2023
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Alton Chapman Jr.
Sector
Financial Services
Industry
Financial - Credit Services
Address
151 Calle San Francisco San Juan PR United States of America 00901
IPO Date
Feb 22, 2022
Business
Freedom Internet Group Inc. operates as an investment company specializing in acquiring, holding, and managing royalty interests derived from internet-based businesses primarily in the United States. The company focuses on building diversified income streams by purchasing and managing websites and online platforms, with a portfolio encompassing various internet business models. Founded in 2018 and headquartered in San Juan, Puerto Rico, Freedom Internet Group targets internet-based entrepreneurs and operates within the multi-sector holdings and diversified financials industries. The company's core activities include business consulting and centralized management services for internet entrepreneurs. In the latest major developments, Freedom Internet Group restructured its leadership team in October 2024 under CEO Geoff Marsh and, supported by Epsilon Direct Lending, acquired MarchNet and Freedom Internet. This strategic acquisition enables the company to enhance its network infrastructure and expand its internet service offerings to a broader client base. The company aims to deliver high-speed, contract-free internet services, including fiber and radio network connectivity, to residential and commercial customers, with an emphasis on instant connectivity upon move-in and competitive pricing. This expansion marks a significant operational shift as Freedom Internet Group moves beyond royalty interest management into direct internet service provision, leveraging new investments to improve service quality and reach. Freedom Internet Group's product and service portfolio includes acquisition and management of internet business royalty interests; business consulting services focused on internet entrepreneurs; centralized operational management; internet connectivity services using fiber and radio networks; and the provision of high-speed broadband internet with no contracts or setup fees. The company serves a diverse market including residential, commercial, and internet-based business sectors, primarily in the United States but with operational ties in Puerto Rico. Recent strategic moves underline a focus on expanding internet infrastructure and broadband service offerings alongside its core royalty management business.