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Zoompass Holdings Inc (Pre-Reincorporation) ZPAS · USD

Financials · US listing · 🇺🇸 United States

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About Zoompass Holdings Inc (Pre-Reincorporation)

Its shares trade under the ticker ZPAS. It has been listed since 3 December 2015. In the fiscal year to 31 December 2020, it reported revenue before interest expense of $872,500 and a net loss of $18.7m. At that date it held total assets of $601,700 and shareholders' equity of −$2.8m.

Zoompass Holdings, Inc. engages in the provision of payment platform program services through its subsidiary, Zoompass Inc. The company is headquartered in Mississauga, Ontario. The company went IPO on 2015-12-03. The firm is engaged in developing and acquiring software platforms and services to sell to customers with a focus on technology and software as a service. The Company’s reportable segment is rendering of professional services. The firm is actively seeking opportunities to enter into partnership or acquire third parties with existing revenue streams.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Financials
Industry
Financial Services
Listed since
3 Dec 2015

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Zoompass Inc. provides payment platform program services with a focus on technology and SaaS solutions.
  • The company's reportable segment is rendering professional services, enhancing service delivery efficiency.
  • Zoompass Holdings has an active strategy to acquire third parties with existing revenue streams.

Weaknesses

  • The company's headquarters in Mississauga, Ontario, may limit regional market access.
  • Zoompass Holdings has no mention of specific product names or technologies in its business description.
  • The firm's focus on acquiring third parties without existing revenue streams could pose financial risks.

Opportunities

  • Zoompass Holdings can expand into the Financial Services sector with its payment platform program services.
  • The company can leverage its SaaS focus to enter new markets within the Financials industry.
  • Zoompass Holdings has opportunities to partner with third parties for revenue growth.

Threats

  • The company's IPO date of 3 December 2015 may indicate limited market presence.
  • Zoompass Holdings faces competition in the Financial Services sector without specific product differentiation.
  • The firm's reliance on acquiring third parties for revenue streams could lead to integration challenges.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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