Announcement • Jun 08
Cloud DX Inc. Announces Board Resignations Cloud DX Inc. announced that Brad Miller and Konstantin Othmer, have resigned from the Board of Directors of the company. The remaining 5 directors of the company remain in place. Reported Earnings • Jun 04
First quarter 2024 earnings released: CA$0.024 loss per share (vs CA$0.036 loss in 1Q 2023) First quarter 2024 results: CA$0.024 loss per share (improved from CA$0.036 loss in 1Q 2023). Revenue: CA$702.6k (up 24% from 1Q 2023). Net loss: CA$2.22m (loss narrowed 18% from 1Q 2023). Announcement • May 29
Cloud DX Inc. to Report Q1, 2024 Results on May 30, 2024 Cloud DX Inc. announced that they will report Q1, 2024 results After-Market on May 30, 2024 Reported Earnings • May 02
Full year 2023 earnings released: CA$0.11 loss per share (vs CA$0.15 loss in FY 2022) Full year 2023 results: CA$0.11 loss per share (improved from CA$0.15 loss in FY 2022). Revenue: CA$1.81m (up 55% from FY 2022). Net loss: CA$10.3m (loss narrowed 2.6% from FY 2022). Announcement • Apr 23
Cloud DX Inc. to Report Fiscal Year 2023 Results on Apr 29, 2024 Cloud DX Inc. announced that they will report fiscal year 2023 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2024 Announcement • Apr 09
Cloud DX Inc. announced that it expects to receive $2.8 million in funding Cloud DX Inc. announced a non-brokered private placement to issue 23,333,334 units at an issue price of $0.12 per unit for the gross proceeds of $2,800,000.08 on April 8, 2024. Each Unit shall consist of one common share and one transferable share purchase warrant, with each Warrant entitling the holder thereof to acquire one additional Common Share at a price of $0.18 per share until 36 months following closing. Finder’s fees may be payable in accordance with the policies of the TSX Venture Exchange (the “Exchange”). The Private Placement remains subject to approval of the Exchange. All securities issued in connection with the Private Placement will be subject to a statutory hold period expiring four months and one day from issuance in accordance with applicable securities legislation. Insiders may participate in the Private Placement. The extent of insider participation, if any, has not yet been determined. The Company reserves the right to oversubscribe the Private Placement by up to $500,000, pursuant to which the Company may sell an additional 4,166,667 Units, should there be significant additional demand. Recent Insider Transactions • Mar 31
Independent Director recently bought €57k worth of stock On the 28th of March, Gaurav Puri bought around 713k shares on-market at roughly €0.08 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €155k more in shares than they have sold in the last 12 months. Announcement • Feb 10
Cloud DX Announces Board Changes Cloud DX announced the appointment of Mr. Konstantin Othmer to the board. Konstantin is an entrepreneur and investor who began his career as an engineer with Apple where he worked on the Apple II and was later responsible for the Macintosh graphics system. Konstantin has started and operated companies in industries as diverse as online gaming (Catapult Entertainment), enterprise software (ePeople), mobile communications (Core Mobility, Carrier IQ), crowdsourcing (Speechpad), automotive technology (CloudCar) and most recently healthy, sustainable drinks (H2Yo.co). As an angel investor, he has invested in more than 40 startups including Canva, Cepheid, Immersion, Life360, Ring, and Tesla. Independent Director Mr. Neil Fraser leaves the Cloud DX Board of Directors in order to serve on the Board of a Provincial Health Authority, which precludes his service on the boards of vendors to that Authority. Mr. Othmer's appointment is subject to approval by the Toronto Venture Exchange. Announcement • Dec 30
Cloud DX Inc. announced that it has received CAD 1.942 million in funding On December 29, 20223 First Helium Inc. closed the transaction. The company amended the terms of the transaction. The company has issued 1,942 convertible debenture units of the company at issue price CAD 1,000 for aggregate gross proceeds of CAD 1,942,000. Constantine Zachos, a director of the Corporation, subscribed for 67 Debenture Units in the Offering, for total gross proceeds of CAD 67,000. In connection with the Offering, the Company paid a cash commission of CAD 89,360 and issued 893,600 finder's warrants, with each finder's warrant exercisable to acquire one common share at a price of CAD 0.15 per common share for a period of three years from the date of issuance thereof. Announcement • Dec 08
Cloud DX Inc. announced that it expects to receive CAD 2.5 million in funding Cloud DX Inc. announced a non-brokered private placement offering of senior secured convertible debenture units for gross proceeds of CAD 2,500,000 on December 7, 2023. Each unit will consist of one CAD 1,000 18% secured convertible debenture and (ii) 10,000 common share purchase warrants. The Series2Debentures will mature and be repayable on the date that is thirty-six (36) months from the date of issuance. At any time prior to the Series2 Maturity Date, the holder will be entitled to convert each Series2Debenture into Common Shares at a price of CAD 0.10 per Common Share. Each Series2Warrant is exercisable to acquire an additional Common Share at a price of CAD 0.15 per Common Share for a period of three years from the closing of the Series2Financing, subject to acceleration pursuant to the Acceleration Right. The debentures will bear interest at a rate of 18% per annum. The company will pay a commission of 8% cash on the gross proceeds raised from subscribers introduced to the Company by finders, and will issue up to such number of finder's warrants (each a "Finder's Warrant") as is equal to 8% of the number of Common Shares issuable upon conversion of the Convertible Debentures purchased by subscribers introduced to the Company by such finders. Each Finder's Warrant will entitle the holder thereof to acquire one Common Share at a price of CAD 0.15 per Common Share for a period of three (3) years from the closing date. Closing of the Series2Financing is expected to occur in one or more tranches, with the first tranche expected to close on or about the week of December 11th, 2023. The Series2DebentureUnits and any securities issuable upon conversion thereof are subject to a statutory hold period of four months and one day from the date of issuance of the Series2 Debenture Units. The series2Financing remains subject to final approval by the TSXV. The Company expects Dr. Constantine Zachos, a director of the Company, to subscribe for 67 Series2DebentureUnits, for total gross proceeds of CAD 67,000 in the Series2Financing.Gaurav Puri, a director of the Company will receive 661 Debenture Units, and Constantine Zachos (together with Brad Miller and Gaurav Puri will receive 485 Debenture Units. Reported Earnings • Nov 28
Third quarter 2023 earnings released: CA$0.021 loss per share (vs CA$0.034 loss in 3Q 2022) Third quarter 2023 results: CA$0.021 loss per share (improved from CA$0.034 loss in 3Q 2022). Revenue: CA$475.2k (down 3.5% from 3Q 2022). Net loss: CA$1.97m (loss narrowed 20% from 3Q 2022). Announcement • Nov 22
Cloud DX Inc. to Report Q3, 2023 Results on Nov 27, 2023 Cloud DX Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 27, 2023 Reported Earnings • Aug 31
Second quarter 2023 earnings released: CA$0.028 loss per share (vs CA$0.032 loss in 2Q 2022) Second quarter 2023 results: CA$0.028 loss per share. Revenue: CA$378.4k (up 56% from 2Q 2022). Net loss: CA$2.30m (flat on 2Q 2022). Announcement • Aug 24
Cloud DX Inc. to Report Q2, 2023 Results on Aug 29, 2023 Cloud DX Inc. announced that they will report Q2, 2023 results After-Market on Aug 29, 2023 Announcement • Aug 16
Cloud DX Inc., Annual General Meeting, Oct 05, 2023 Cloud DX Inc., Annual General Meeting, Oct 05, 2023. Announcement • Jul 12
Cloud DX Inc. announced that it expects to receive $4 million in funding from B&M Miller Equity Holdings Inc. Cloud DX Inc. announced a non-brokered private placement of up to 4,000 secured convertible debentures of the company at a price of $1,000 per convertible debenture for aggregate gross proceeds of up to 4,000,000 on July 11, 2023. The transaction will include participation from new investor B&M Miller Equity Holdings Inc. for 364 Debentures, Gaurav Puri for 691 Debentures and Constantine Zachos for 446 Debentures for aggregate gross proceeds of $1,501,000. The debentures will mature on the date that is 36 months from the date of issuance thereof and shall bear interest at a rate of 18%per annum, payable upon the earlier of the conversion date or the Maturity Date. Subject to the approval of the TSX Venture Exchange, accrued and unpaid interest shall be payable in the form of common shares at a price per Common Share equal to the closing price of the listed Common Shares on the TSXV on the last trading day immediately prior to the Maturity Date or the conversion date, as applicable or cash, at the sole discretion of the Company. The principal amount of the Convertible Debentures will be convertible into units of the Company, at the election of the holder of the Convertible Debentures, at any time prior to the Maturity Date, at a conversion price of CAD 0.10. Each Unit shall be comprised of one Common Share and one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional Common Share at a price of $0.15 per Common Share for a period of 36 months following the closing date of the Offering. The Company may pay a finder's fee in cash or securities or a combination of both. Closing of the Offering is expected to occur in one or more tranches, with the first tranche expected to close on or about July 18, 2023. The Convertible Debentures and any securities issuable upon conversion thereof will be subject to a statutory hold period of four months and one day from the date of issuance of the Convertible Debentures. Announcement • Jun 21
Cloud DX Inc. announced that it has received CAD 2.854283 million in funding On June 20, 2023, Cloud DX Inc. closed the transaction. The company issued 1,802,855 units for aggregate gross proceeds of CAD 252,400 in its second and last tranche, aggregate gross proceeds under the transaction were CAD 2,854,284. The company paid finders' fees of 8% in cash and 8% in broker warrants on a portion of the final tranche of the transaction to certain finders, in accordance with the policies of the TSX Venture Exchange. The company issued a total of 32,000 broker warrants and paid cash commissions of CAD 4,480 in connection with the final closing of the transaction such broker warrants being convertible into common shares. Announcement • May 25
Cloud DX Inc. to Report Q1, 2023 Results on May 29, 2023 Cloud DX Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on May 29, 2023 Reported Earnings • May 17
Full year 2022 earnings released: CA$0.15 loss per share (vs CA$0.17 loss in FY 2021) Full year 2022 results: CA$0.15 loss per share (improved from CA$0.17 loss in FY 2021). Revenue: CA$1.17m (up 49% from FY 2021). Net loss: CA$10.6m (loss narrowed 5.7% from FY 2021). Announcement • May 09
Cloud DX Inc. to Report Fiscal Year 2022 Results on May 15, 2023 Cloud DX Inc. announced that they will report fiscal year 2022 results at 4:00 PM, US Eastern Standard Time on May 15, 2023 Reported Earnings • Nov 17
Third quarter 2022 earnings released: CA$0.034 loss per share (vs CA$0.033 loss in 3Q 2021) Third quarter 2022 results: CA$0.034 loss per share (further deteriorated from CA$0.033 loss in 3Q 2021). Revenue: CA$492.4k (up 295% from 3Q 2021). Net loss: CA$2.46m (loss widened 3.7% from 3Q 2021). Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. President, CEO & Chairman of the Board Robert Kaul is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. President, CEO & Chairman of the Board Robert Kaul is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Oct 10
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. President, CEO & Chairman of the Board Robert Kaul is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Oct 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. President, CEO & Chairman of the Board Robert Kaul is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 28
Second quarter 2022 earnings released: CA$0.032 loss per share (vs CA$0.073 loss in 2Q 2021) Second quarter 2022 results: CA$0.032 loss per share (up from CA$0.073 loss in 2Q 2021). Revenue: CA$242.2k (down 9.7% from 2Q 2021). Net loss: CA$2.29m (loss narrowed 55% from 2Q 2021). Board Change • Jul 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Bill Charnetski was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 04
Full year 2021 earnings released: CA$0.17 loss per share (vs CA$2.94 loss in FY 2020) Full year 2021 results: CA$0.17 loss per share. Revenue: CA$782.3k (down 29% from FY 2020). Net loss: CA$11.3m (loss widened 104% from FY 2020). Board Change • Apr 29
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Bill Charnetski was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 