Solvbl Solutions Inc.

Solvbl Solutions Inc.

SOLBF
Solvbl Solutions Inc.US flagOther OTC
0.01
USD
- -
- -
2.75MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.02
-0.01
-0.02
-0.03
-0.03
Free Cash Flow per Basic Share
-0.01
-0.01
-0.02
-0.01
- -
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
-0.01
-0.01
- -
-0.03
-0.03
Tangible Book Value per Share
-0.01
- -
0.02
-0.01
-0.01
Basic Weighted Avg Shares
81
81
112
175
234
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
Operating Margin (%)
- -
-6,638.01
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
Net Income, GAAP
-1
-1
-2
-6
-6
Effective Tax Rate (%)
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-6,126.14
- -
- -
- -
Working Capital
- -
- -
2
-1
-2
LT Debt
- -
- -
- -
- -
- -
Total Equity
- -
- -
2
-1
-3
Return on Invested Capital (%)
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'22
Mar'23
Jun'23
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
275
275
275
Market Capitalization
3
3
5

Working Capital

FRC

in mil. unless spec.
Dec'22
Mar'23
Jun'23
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
2
3
Payables & Accruals
1
1
2
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-172.98%
Free Cash Flow
- -
- -
-0.76%
Net Income, GAAP
- -
- -
136.38%
Sales/Revenue/Turnover
- -
- -
- -
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
- -
- -
-0.02
2022
- -
- -
- -
- -
-0.03
2023
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChat
CEO
Khurram R. Qureshi
Sector
Technology
Industry
Software - Application
Address
First Canadian Place Toronto ON Canada M5X 1C7
IPO Date
Apr 9, 2021
Website
solvbl.com
Business
Solvbl Solutions Inc. operates as a cybersecurity and data authentication company focused on blockchain-powered solutions that address critical data integrity challenges. The company offers Q by SoLVBL, a proprietary technology platform for immutable data authentication using advanced cryptography; QSeals by SoLVBL, a scalable data verification solution; Q-Server by SoLVBL, a secure, high-speed, low-latency cloud-based server for generating QSeals; and digital evidence management systems targeting verticals such as chain of custody for digital evidence including next-generation 911 (NG911), financial sector data, medical applications, and critical Internet of Things (IoT) infrastructures. Founded in 2017 and headquartered in Toronto, Ontario, Canada, the company pursues markets in North America and Europe through its operations and strategic initiatives. In October 2022, Solvbl completed the acquisition of Darkhorse Films Limited, a UK-based digital entertainment and film production company, for up to $10.15 million structured with cash and share payments contingent on financing milestones including $10 million in aggregate raises within 24 months; this deal expanded its digital product suite, integrated Q technology into content production and distribution, and doubled its technology team while enhancing global presence in e-commerce and media sectors; subsequent leadership changes positioned Darkhorse executives in key roles to drive synergies. The company, which trades under ticker SOLV on the Canadian Securities Exchange (delisted June 2024) and SOLBF on OTCQB (upgraded recently), wholly owns subsidiary 1191212 BC Ltd. and previously undertook private placements including a $3 million upsized financing.