INX

INX

Aiming to enable the listing and trading of regulated security tokens and cryptocurrencies for all investors. Learn more

Launch date
Employees
Market cap
CAD21.2m
Enterprise valuation
(CAD27m) (Public information from Sep 2024)
Vancouver British Columbia (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
CAD202020212022202320242025
Revenues--6.1m8.6m7.2m10.8m
% growth---41 %(16 %)49 %
EBITDA(<1m)(<1m)(50.5m)(36.9m)--
% EBITDA margin--(825 %)(428 %)--
Profit(<1m)(<1m)284m(18.0m)(<1m)3.1m
% profit margin--4629 %(209 %)(10 %)29 %
EV / revenue--4.9x9.2x2.3x1.6x
EV / EBITDA---0.6x-2.1x--
R&D budget6.9m4.8m7.2m4.5m--
R&D % of revenue--118 %53 %--
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DateInvestorsAmountRound
-

N/A

-
N/A

$1.4m

Seed

$3.5m

Series A

$7.5m

Early VC

N/A

SPAC IPO
*
N/A

CAD39.6m

Post IPO Equity
*

$5.3m

Valuation: $50.0m

11.1x EV/LTM Revenues

-1.3x EV/LTM EBITDA

Post IPO Equity
Total FundingCAD16.9m

Recent News about INX

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More about INXinfo icon
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INX operates a fully regulated digital asset platform that merges investing and trading in security tokens, cryptocurrencies, and capital raising services. The company serves both institutional and retail clients, providing a secure environment for digital asset transactions. INX's business model revolves around offering a marketplace where users can trade regulated security tokens and cryptocurrencies, as well as utilize capital raising services through digital securities. The company generates revenue through transaction fees, listing fees, and other related services. INX aims to lead the industry in adopting security tokens, leveraging the advantages of the digital economy while maintaining the security and regulatory standards of traditional finance.

Keywords: digital assets, security tokens, cryptocurrencies, capital raising, regulated platform, institutional clients, retail clients, transaction fees, listing fees, digital securities.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by INX

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TokenSoft
ACQUISITION by INX Jan 2022
OpenFinance Network
ACQUISITION by INX Oct 2020
ILS Brokers
ACQUISITION by INX Jun 2021