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Close of 30 Oct 2026, in USD
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About DigitalTown
Its shares trade under the ticker DGTW. It has been listed since 24 June 1998. In the fiscal year to 28 February 2021, it reported revenue of $1,300 and a net loss of $1.1m. At that date it held total assets of $8,760 and shareholders' equity of −$2.9m.
DigitalTown, Inc. engages in the provision of turn-key hosted solutions for government entities, citizens, and merchants. The company is headquartered in Blaine, Washington. DigitalTown is an integrated search, community and commerce platform for both Web and mobile devices. DigitalTown powers connected online communities that enable members of a community to find information, and acquire the goods and services they need locally where possible. Residents and visitors can use a DigitalTown powered search engine to access content, community and commerce from a search tool. If there are local vendors that can fulfill a product or service that relates to a search term, then these options are presented to the user. The company provides community tools to keep community members connected. The DigitalTown platform provides merchants with turnkey solutions for online commerce. The DigitalTown platform creates online and mobile communities. The firm also provides local booking for local services across its network of DigitalTowns. The company also offers dining and lodging services.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Communication Services
- Industry
- Interactive Media & Services
- Listed since
- 24 Jun 1998
- Employees
- 3
- Website
- digitaltown.com ↗
Leadership
Pay as last reported
- Mr. Jeffrey MillsDirector
- Mr. Sam CiaccoChairman of the Board, Chief Executive Officer, since 2019
- Mr. Kevin WilsonChief Financial Officer, Secretary, Director, since 2019
- Mr. Adee WadaDirector of Marketing
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- DigitalTown Inc has established a strong market position in the digital solutions industry, particularly in the area of building smart city platforms. This has enabled the company to gain a competitive edge and attract a significant customer base.
- The company has invested heavily in developing a robust technological infrastructure to support its digital platforms. This allows DigitalTown to deliver reliable and efficient services to its customers, enhancing their overall experience and satisfaction.
Weaknesses
- DigitalTown Inc offers a limited range of products and services in comparison to some of its competitors. This may restrict its ability to cater to diverse customer needs and limit its potential for revenue growth.
- The company relies on partnerships and collaborations with various third-party providers for certain aspects of its operations. This exposes DigitalTown to potential risks and challenges associated with the reliability and performance of these external partners.
Opportunities
- The increasing focus on creating efficient and sustainable cities presents a significant opportunity for DigitalTown Inc to expand its customer base and capture a larger market share. The company can leverage its expertise in smart city platforms to capitalize on this trend.
- Rapid advancements in technology, such as the Internet of Things (IoT), present new opportunities for DigitalTown to enhance its existing digital solutions and develop innovative offerings. By staying at the forefront of technological developments, the company can maintain a competitive edge in the market.
Threats
- The digital solutions industry is highly competitive, with numerous players offering similar products and services. Increased competition may put pressure on DigitalTown's market share and profitability, requiring the company to continuously differentiate itself to remain competitive.
- Economic downturns, fluctuations in currency exchange rates, and other economic factors can significantly impact DigitalTown's business operations and financial performance. The company must actively monitor and adapt to changes in economic conditions to mitigate potential risks.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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