FRTT
FRTT
Fort Technology Inc. Common SharesIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2020 | $37.78M | $2.88M | $10.22M | 27.04% | $0.48 | $20.66M |
What's going well?
The company posted a solid profit of $10.22 million and has no debt or interest costs. Operating margins are healthy, and there are no unusual charges distorting results.
What's concerning?
There is no gross profit, meaning all revenue is spent on costs, which is unusual and could be a red flag. No spending on R&D or marketing may hurt future growth, and lack of prior data makes it hard to judge trends.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2020 | $27.77M | $113.03M | $15.06M | $97.97M |
What's financially strong about this company?
The company has a huge cash cushion, very little debt, and more than enough assets to cover all its bills. There are no risky intangibles or hidden obligations.
What are the financial risks or weaknesses?
No property or equipment could mean limited physical operations. Lack of prior period data makes it hard to spot trends.
About Fort Technology Inc. Common Shares
https://www.fort-tech.ioFort Technology, Inc. operates as a capital pool company. Its principal activity is to use its capital to investigate and acquire a business or group of assets. The company was founded on December 5, 2019 and is headquartered in North Vancouver, Canada.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2020 | $37.78M | $2.88M | $10.22M | 27.04% | $0.48 | $20.66M |
What's going well?
The company posted a solid profit of $10.22 million and has no debt or interest costs. Operating margins are healthy, and there are no unusual charges distorting results.
What's concerning?
There is no gross profit, meaning all revenue is spent on costs, which is unusual and could be a red flag. No spending on R&D or marketing may hurt future growth, and lack of prior data makes it hard to judge trends.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2020 | $27.77M | $113.03M | $15.06M | $97.97M |
What's financially strong about this company?
The company has a huge cash cushion, very little debt, and more than enough assets to cover all its bills. There are no risky intangibles or hidden obligations.
What are the financial risks or weaknesses?
No property or equipment could mean limited physical operations. Lack of prior period data makes it hard to spot trends.
CEO
Gabriel Kabazo