CSIMarket Company Name, Ticker, Suppliers, else..
 
Igen Networks Corp   (IGEN)
Other Ticker:  
 
    Sector • Services    Industry • Professional Services
   Industry • Professional Services
   Sector • Services
 
Price: $0.0001 $0.00 0.000%
Day's High: $0.0001 Week Perf: -50 %
Day's Low: $ 0.00 30 Day Perf: -50 %
Volume (M): 500 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) 0
 Shares Outstanding (Millions) 2,445
 Employees 23
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Igen Networks Corp
Igen Networks Corp is a technology company that specializes in providing wireless communication solutions for various industries. They offer a range of products and services such as fleet management, vehicle tracking, and stolen vehicle recovery systems. Their solutions utilize advanced GPS technology and wireless communication networks to help businesses improve efficiency, reduce costs, and increase the safety and security of their vehicles. Igen Networks Corp aims to provide innovative and reliable solutions to its customers and to stay at the forefront of the rapidly evolving wireless communication industry.


   Company Address: 28375 Rostrata Ave. Lake Elsinore 92532 CA
   Company Phone Number: 912-5378   Stock Exchange / Ticker: IGEN


   

Stock Performances by Major Competitors

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Management Announcement

IGEN Networks Corporation Achieves Milestones and Provides Updates on Key Initiatives

Published Mon, Feb 5 2024 11:00 AM UTC



IGEN Networks Corporation (OTC: IGEN), a prominent player in the asset management and supply-chain solutions sector, recently announced significant achievements and updates on its key initiatives. Under the leadership of Chief Executive Officer Neil G. Chan, the company has demonstrated its commitment to innovation and growth. This article will provide a comprehens...
Igen Networks Corp

IGEN Networks Corp: Overcoming the Odds in a Tough Fiscal Period



Igen Networks Corp, a company in the professional services industry, recently released its financial results for the July to September 30, 2023 fiscal span. The report revealed a worrying decline in revenue and inventories, raising concerns about the company's future prospects. This article will interpret the financial results and explore their potential impact on Igen Networks Corp.
Revenue Decline and Industry Comparison:
During the July to September 30, 2023 fiscal span, Igen Networks Corp witnessed a significant drop in revenue, declining by -63.622% to $0.05 million compared to $0.13 million in the same period the previous year. Furthermore, revenue only increased by 32.151% sequentially, reaching $0.04 million. This sharp decrease in revenue stands in contrast to the average trend observed in the professional services industry, which experienced a revenue rise during the same period.
Igen Networks Corp

IGEN Networks Corp Fails to Turn Profit, Revenue Plummeting by 60.62% in Second Quarter of 2023



The second quarter of 2023 has been a challenging period for IGEN, with the company failing to show any gain in earnings compared to the previous year. Additionally, the revenue dwindled significantly, and the net deficit deepened, painting a gloomy picture for the company's performance. This article aims to explore the key highlights of IGEN's financials and shed light on the factors contributing to its struggles in the stock market.
Declining Revenue:
One of the most concerning aspects of IGEN's recent performance is the substantial decline in revenue. In comparison to the corresponding period from the previous year, the revenue plummeted by an alarming 60.62%, marking a significant setback for the company. The sequential decline in revenue by 23.289% further compounds the challenges faced by IGEN during this quarter.









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