DD:
Ticker: DVNT
Business Summary
Diversinet Corp. is a developer of information security products, technologies and services.
The Company is developing enterprise public-key method infrastructure products to provide
encryption, authentication, digital signatures and automated key management. For the fiscal
year ended 10/31/98, revenues fell 51% to C$192 thousand. Net loss from continuing
operations totalled C$3.4 million, up from $1.1 million. Results reflect lower pilot project
revenues and increased S/G/A expenses.
Recent Earnings Announcement
For the 3 months ended 01/31/1999, revenues were 42; after tax earnings were -835.
(preliminary; reported in thousands of Canadian Dollars)
OFFICERS: Nagy Moustafa, Chmn./Pres./CEO, Ralph Philipps, CFO, Michael A. Wildish,
VP. TRANSFER AGENT: Equity Transfer Services. Company incorporated in Canada. Direct inquiries to:
Nagy Moustafa, Chmn./Pres./CEO.
Mkt Cap: $99.6 mm
Shrs Out: 15.6 mm
Float: 15.5 mm
3-Mth Ave Vol: 215 k
10-Day Ave Vol: 617 k
Insider Own: 0.8 % (NOT GOOD)
Inst Own: 1.5 % (I like to see more Institutions owning a stock)
Short Int: 0.1 mm
P/E (ttm): -40.9
Long-Term Debt/Equity (mrq) 0.88
Total Cash (mrq) $4.14M
Profitability Profit Margin (*ttm) -1415%
Return on Equity (TTM) -80.15*
Gross Margin (TTM) % 100.00
News:
biz.yahoo.com
Insider trades:
I could only find one but it is a dooooosey.
19-Aug-98 BANKS JACK Sold (S) 2,812,500 Common 1.00 $2,812,500 |
