MCLD.V - Universal mCloud Corp.

TSXV - TSXV Delayed Price. Currency in CAD
0.4100
+0.0200 (+5.13%)
At close: 3:57PM EDT
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Previous Close0.3900
Open0.4100
Bid0.4000 x 0
Ask0.4100 x 0
Day's Range0.3900 - 0.4100
52 Week Range0.2800 - 0.4700
Volume88,500
Avg. Volume208,528
Market Cap62.627M
Beta (3Y Monthly)1.80
PE Ratio (TTM)N/A
EPS (TTM)-0.1380
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.80
  • CNW Group

    Universal mCloud On Track to Exceed 40,000 Connected Assets through New Wind, Oil and Gas, and Building Customers

    VANCOUVER , Oct. 3, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today provided an update on the progress being made across all of its business segments, spotlighting new customer growth through the Company's AssetCare™️ platform. "We are excited to announce that mCloud is on track to exceed 40,000 connected assets by year-end," said Russ McMeekin , mCloud's President and CEO.

  • CNW Group

    Universal mCloud Launches New 3D Digital Twin Capabilities with First Customer Engagements

    VANCOUVER , Oct. 1, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud"   or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced the launch of a new AssetCare™️ solution under the banner of the "3D Digital Twin." This solution enables mCloud to take advantage of high-precision 3D laser scanners to create digital replicas of facilities along with a suite of capabilities designed to use these 3D models to streamline field work, minimize facility downtime, and eliminate unnecessary field visits. Developed with mCloud's customers for process industries such as oil and gas, petrochemical, and pipelines in mind, AssetCare's 3D Digital Twin is now enabling a "connected facility" where all teams can rely on a single 3D model for the operation, maintenance, and care of a site.

  • CNW Group

    Universal mCloud Expands AssetCare™ with Focus on Emerging Solutions and Hires Industry Veteran to Deliver New Capabilities

    VANCOUVER , Sept. 12, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced plans to expand its AssetCare offering with new capabilities that incorporate next-generation technologies, including advanced industrial IoT sensors, AI-powered aerial capabilities with drones, and digital twins for process simulation and 3D virtual facility walk-downs. To lead these developments, the Company also announced today that James ("Jim") Christian has joined mCloud as Vice President, Emerging Solutions. "We're very excited to welcome Jim to the mCloud family," said Russ McMeekin , mCloud President and CEO.

  • CNW Group

    Universal mCloud Strengthens AssetCare™️ Business for Oil and Gas with Key Appointment and New Hire

    VANCOUVER , Sept. 10, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced a key appointment and a new addition to the mCloud team. The strengthened team will advance the Company's strategy to drive organic growth through new multi-year, recurring, commercial Software-as-a-Service ("SaaS") contracts within its Smart Process line of business, which includes customers in the oil and gas, petrochemical, and pipeline industries. Jason Brown has been promoted to President, Smart Process Industries and will be responsible for the Smart Process line of business with a mandate to grow mCloud's footprint by extending the Company's reach to new oil and gas centres around the world.

  • CNW Group

    Universal mCloud Adds Ian Russell, President and CEO of the Investment Industry Association of Canada (IIAC), as Independent Board Member and Prelude to NASDAQ and TSX Up-Lists

    VANCOUVER , Sept. 3, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced that Ian Russell , President and CEO of the Investment Industry Association of Canada ("IIAC"), will be joining the Company's Board of Directors as Independent Director, effective immediately. Mr. Russell will serve on all of the Company's independent committees and will actively work alongside Michael A. Sicuro , Non-Executive Chair, to prepare mCloud for listing on the NASDAQ stock exchange, originally announced on October 16, 2018 .

  • CNW Group

    Universal mCloud Signs AssetCare™️ Agreement for Performance Analytics with Longyuan Wind Power in China

    Universal mCloud Signs AssetCare™️ Agreement for Performance Analytics with Longyuan Wind Power in China

  • CNW Group

    Universal mCloud Announces Second Quarter 2019 Financial Results

    VANCOUVER , Aug. 15, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced its financial results for the second quarter ended June 30, 2019 . "In the second quarter of 2019, mCloud achieved many major milestones that will further position us for ongoing rapid organic growth," said Russ McMeekin , mCloud President and CEO.

  • CNW Group

    Universal mCloud Closes C$13 Million Secured Debt Financing

    VANCOUVER , Aug. 8, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, is pleased to announce it has entered into a credit facility with Integrated Private Debt Fund VI LP in the amount of C$13,000,000 (the "Loan"). Proceeds of the Loan will be used to fund the repayment of certain outstanding notes of the Company related to its recent acquisition of Autopro Automation Consultants Inc. ("Autopro"), which was previously announced on July 11, 2019 , and for working capital purposes. The Loan has a term of seven years at an interest rate of 6.85% per annum.

  • CNW Group

    Universal mCloud Announces Full Repayment of Acquisition Payable to Flow Capital

    VANCOUVER , July 29, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced that it has fully repaid and been discharged from a secured loan provided by Flow Capital Corp ("Flow"), which was established as an acquisition payable when the Company acquired a royalty interest in Agnity Global, Inc., originally announced on January 17, 2019 (the "Transaction"). The Transaction established a secured loan for mCloud with a value of US$2,000,000 , which bore interest at 25% per annum. In accordance with the terms of the previously announced Transaction, the Company has repaid the principal loan amount of US$2,000,000 , interest accrued of US$33,602.42 , and a fee in the aggregate amount of US$7,741.94 .

  • GlobeNewswire

    Flow Capital Receives Repayment of mCloud Note

    TORONTO, July 29, 2019 -- Flow Capital Corp. (TSXV: FW) (“Flow Capital” or “Flow”) is pleased to announce that it has received repayment of its USD $2,000,000 note from.

  • CNW Group

    Universal mCloud to Host Second Quarter 2019 Financial Results Conference Call on August 15, 2019

    Universal mCloud to Host Second Quarter 2019 Financial Results Conference Call on August 15, 2019

  • CNW Group

    Universal mCloud Announces First AssetCare™️ Deployments for Oil and Gas Customers

    VANCOUVER , July 22, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced its first deliveries of AssetCare™️ solutions to Oil & Gas customers on the back of recently completing its acquisition of Autopro Automation Consultants ("Autopro") on July 11, 2019 . "The early customer response we have received around AssetCare for Smart Oil & Gas has been tremendous," said Dr. Barry Po , mCloud's Chief Product Officer.

  • CNW Group

    Universal mCloud Announces Closing of Convertible Debenture Financing

    VANCOUVER , July 11, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, is pleased to announce that it has closed the final tranche of its private placement offering of convertible unsecured subordinated debentures (the "Debentures") for gross proceeds of C$23,492,800 (the "Offering"). Under the Offering, the Company issued a total of 234,928 Debentures at a price of $100 per Debenture for aggregate gross proceeds of C$23,492,800 . Additional details relating to the Offering are described in the Company's May 30, 2019 press release.

  • CNW Group

    Universal mCloud Completes Acquisitions of Fulcrum Automation Technologies and Autopro Automation

    VANCOUVER , July 11, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced the completion of its acquisition of Fulcrum Automation Technologies ("Fulcrum") and subsequently, Autopro Automation Consultants ("Autopro"). "We are excited to welcome the Autopro team to the mCloud family as we take AssetCare™ to oil and gas customers all over the world," said Russ McMeekin , mCloud President and CEO.

  • CNW Group

    Universal mCloud Closes ~$17.3M as First Tranche of Convertible Debenture Financing

    VANCOUVER , June 24, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, is pleased to announce that it has closed the first tranche of its private placement offering of convertible unsecured subordinated debentures (the "Debentures") for gross proceeds of C$17,310,000 (the "Offering"). The Company expects to close the final tranche of the Offering on or before June 28, 2019 . Additional details relating to the Offering are described in the Company's May 30, 2019 press release.

  • CNW Group

    Universal mCloud Signs Final Binding Definitive Agreement to Acquire Fulcrum Automation Technologies and Autopro Automation

    VANCOUVER , June 12, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced that the final binding definitive agreement to acquire Fulcrum Automation Technologies ("Fulcrum") and Autopro Automation Consultants ("Autopro") has been fully executed by all parties. "With the signing of this definitive agreement, we look forward to bringing the talent at Autopro together with the talent at mCloud," said Russ McMeekin , mCloud President and CEO.

  • CNW Group

    Universal mCloud Announces Upsize of Convertible Debenture Financing to C$23 Million Due to Overwhelming Demand

    VANCOUVER , June, 11, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced that it has received conditional approval from the TSX Venture Exchange ("TSXV") to increase the aggregate principal amount of a convertible debenture offering previously announced by the Company on May 30, 2019 , from C$10 million to C$23 million . The Company is seeking to increase the amount due to the overwhelming response it has received for the offering. "We are very pleased by the attention this private placement has received since it was originally announced," said Russ McMeekin , mCloud President and CEO.

  • CNW Group

    Universal mCloud Receives Conditional Approval from the TSX Venture Exchange for Acquisition of Fulcrum Automation Technologies and Autopro Automation

    VANCOUVER , June 10, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced that it has received conditional approval from the TSX Venture Exchange ("TSXV") for the previously announced acquisition of Fulcrum Automation Technologies ("Fulcrum") and Autopro Automation ("Autopro").

  • CNW Group

    Universal mCloud Reports First Quarter 2019 Results

    VANCOUVER , May 30, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced its financial results for the first quarter ended March 31, 2019 . "As we advance our strategy of connecting energy assets with AI and analytics, we saw solid growth through the progress we made this past quarter in all three of our business segments in Smart Buildings, Wind, and Oil and Gas," said Russel McMeekin , mCloud President and CEO.

  • CNW Group

    Universal mCloud Corp. Announces Convertible Debenture Financing

    The Debentures will bear interest from each applicable issuance date at 10% per annum, calculated and paid quarterly on the last day of August, November, February and May of each year. The first interest payment will be made on August 31, 2019 and will consist of interest accrued from and including the closing of each tranche of the Offering (each, a "Closing Date") to August 31, 2019 . The Debentures will mature on the date that is 36 months following the initial Closing Date (the "Maturity Date").

  • CNW Group

    Universal mCloud Files Audited Financial Results for Fiscal 2018

    VANCOUVER , May 30, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced that it has filed its financial results for the full year ended December 31, 2018 ("Fiscal 2018").

  • CNW Group

    Universal mCloud Announces Appointment of Chantal Schutz as Executive Vice President and Chief Financial Officer

    VANCOUVER , May 27, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, today announced the appointment of Chantal Schutz to Executive Vice President and Chief Financial Officer, effective upon the upcoming filing of the Company's annual financial statements.  Ms. Schutz will report to Russ McMeekin , President and Chief Executive Officer. Ms. Schutz, a Chartered Professional Accountant, brings over 20 years of financial and operating experience to the Company.

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  • CNW Group

    Universal mCloud Announces Update on Delay in Filing Financial Statements

    VANCOUVER , May 15, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) (the "Company") is providing an update on the status of the filing of its annual financial statements, accompanying management's discussion and analysis and related CEO and CFO certifications for the financial year ended December 31, 2018 (collectively, the "Annual Filings"). As a result of the volume and complexity of its acquisitions in 2018, coupled with the complexity of the first year adoption of the new IFRS 15 accounting rules also in 2018, the Company is continuing to work diligently and expeditiously with its auditors to complete and file the Annual Filings, estimated to be May 24, 2019 . In the interim, the Company has been granted a Management Cease Trade Order by the British Columbia Securities Commission.

  • CNW Group

    Universal mCloud Delays Financial Statements to No Later than May 15, 2019

    VANCOUVER , May 1, 2019 /CNW/ - Universal mCloud Corp. (MCLD.V) (MCLDF) (the "Company") announces that it has not filed its annual financial statements, accompanying management's discussion and analysis and related CEO and CFO certifications for the financial year ended December 31, 2018 (collectively, the "Annual Filings"), within the period prescribed for the filing of such documents under Parts 4 and 5 of Regulation 51-102 respecting Continuous Disclosure Obligations and pursuant to Regulation 52-109 respecting Certification of Disclosure in Issuers' Annual and Interim Filings, namely within 120 days of year-end, being April 30, 2019 (the "Filing Deadline"). Due to the significant and complex acquisition activity in 2018 that has accelerated into 2019 the Company's audit remains ongoing at this time and the Company is making every effort to file the Annual Filings in a timely fashion and expects to file the Annual Filings no later than May 15, 2019 .