Flitways Technology Inc.

Flitways Technology Inc.

FTWS
Flitways Technology Inc.US flagOther OTC
0.00
USD
- -
- -
20,000.00Market Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
TTM
Revenue per Share
- -
- -
0.02
0.02
0.02
- -
- -
Basic EPS, GAAP
- -
- -
-0.01
-0.1
-0.14
-0.05
-0.06
Free Cash Flow per Basic Share
- -
- -
- -
-0.01
-0.01
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
-0.01
-0.1
-0.19
-0.06
-0.06
Tangible Book Value per Share
- -
- -
-0.01
-0.02
-0.13
-0.06
-0.01
Basic Weighted Avg Shares
30
30
20
27
59
1,200
1,074
Sales/Revenue/Turnover
- -
- -
- -
- -
1
1
1
Operating Margin (%)
- -
- -
-34.42
-595.16
-127.76
-78.72
-67.78
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
- -
-3
-9
-58
-60
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
-35.61
-596.54
-679.32
-4,739.62
-6,973.43
Working Capital
- -
- -
- -
-1
-8
-1
-1
LT Debt
- -
- -
- -
- -
- -
1
1
Total Equity
- -
- -
- -
-1
-8
-9
-8
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'18
Dec'18
Mar'19
ST Debt
- -
- -
- -
LT Borrowings
1
1
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
59
- -
Shares Outstanding
148
1,200
2,000
Market Capitalization
- -
- -
1

Working Capital

FRC

in mil. unless spec.
Sep'18
Dec'18
Mar'19
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
1
1
Payables & Accruals
1
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
160.3%
10.39%
Free Cash Flow
- -
456.34%
-31.99%
Net Income, GAAP
- -
625.38%
573.73%
Sales/Revenue/Turnover
- -
- -
-3.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2017
- -
- -
- -
- -
1
2018
- -
1
- -
- -
1
2019
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2017
-0.01
-0.01
-0.02
- -
-0.14
2018
- -
-0.02
- -
- -
-0.05
2019
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2017
- -
- -
- -
- -
- -
2018
- -
- -
- -
- -
- -
2019
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Phillip Kovac
Full Time Employees
6
Sector
Technology
Industry
Software - Application
Address
224 Datura Street West Palm Beach FL United States of America 33401
IPO Date
Oct 23, 2015
Business
Flitways Technology Inc. (FTWS) operates as a travel technology company that provides ground transportation booking and scheduling solutions for corporate and private travelers through online platforms and mobile applications; its core offerings include pre-booked and on-demand rideshare, taxi, black car, airport shuttle, and transfer services via a global network connecting airlines, online travel agents, travel distributors, and over 400 airports in approximately 220 cities across North America, South America, Europe, and Asia. Founded in 2012 and headquartered in West Palm Beach, Florida, with additional references to Calgary, Canada, the company delivers customizable travel rides from a range of vehicles including executive cars and shuttles, emphasizing secure booking for business travelers and integration with corporate expense management systems. The platform enables businesses to access licensed drivers and vehicles compliant with local regulations, serving clients in sectors such as hospitality, technology, and manufacturing, while supporting operations in 170 countries through a fleet network exceeding 20,000 vehicles globally. In recent developments, Flitways completed a merger with Cataca Resources Inc. in late 2024, transitioning to public trading under the FTWS ticker on OTC Markets and pivoting fully into ground transportation with aggressive expansion plans targeting hundreds of new cities; key 2024 milestones include securing enterprise contracts with TUI Group and Xerox Corp., launching services in Rio de Janeiro and Sao Paulo, Brazil, with access to over 6,000 drivers, and initiating large-scale South American growth to dominate first- and last-mile travel, alongside projections for thousands of licensed cabs in 100 additional cities within the next year. The company, led by CEO Phillip Kovac, maintains a focus on enterprise clients like Pokemon, Amazon, Samsung, and Rolls-Royce, with historical revenue growth from $67,000 in 2014 to $337,000 in 2015 and continued emphasis on global supply aggregation despite ongoing financing needs through convertible debentures and equity issuances.