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PowerBand Solutions Inc. (PWWBF)

OTC Technology Software - Application
$0.04 ▼ -2.37%
Market Cap
$24.1M
Sector
Technology
Industry
Software - Application
Beta
1.55
52-Wk Range
0.004-0.175
CEO
Jeff A. Morgan
Country
CA
Currency
USD

PowerBand Solutions Inc. operates in the Software - Application industry of the Technology sector, headquartered in Burlington, ON, CA. The stock last traded at $0.04, down 2.37% on the session, giving a market capitalisation of $24.1M. On trailing twelve-month figures it carries a trailing P/E of 5.47, a net margin of 285.6%. Its beta of 1.55 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
5.47
Price / Sales
15.79
Price / Book
6.07
EV / EBITDA
4.19
Gross margin
51.7%
Operating margin
-317.4%
Net margin
285.6%
Return on equity
—
Debt / equity
0.51
Current ratio
1.61
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
Other OTC
Employees
—
IPO date
2021-01-08
Headquarters
Burlington, ON, CA
About PowerBand Solutions Inc.

PowerBand Solutions Inc., a technology enterprise headquartered in Burlington, Canada, specializes in creating, promoting, and distributing a diverse suite of digital tools for the Canadian automotive industry. Its comprehensive portfolio includes sophisticated online trading platforms, a standardized vehicle appraisal system, valuable market intelligence reports, and a dedicated finance portal. Among its flagship products are LiveNet, a dynamic, real-time, and mobile online auction platform designed for targeted transactions; and Marketplace, an online auction where dealers, as well as rental and leasing firms, can list pre-owned vehicles for sale to vetted wholesale purchasers. The company further provides an electronic Standardized Appraisal System for used vehicles, DrivrzXchange, an all-encompassing digital marketplace facilitating vehicle buying and selling, and DrivrzFinancial Loan-LeasePortal, a multi-lender platform streamlining loan and lease applications. Additionally, PowerBand offers IntellaCar, a sales enablement solution equipping dealership staff with the necessary resources to close new and used vehicle deals, and DRIVRZLane, a digital retailing platform that empowers customers to complete vehicle purchases entirely over the internet.

Comparable companies

PowerBand Solutions Inc. is most often compared with the following Technology names:

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