OverviewSuggest Edit

Enablence Technologies designs and develops integrated photonic chips and solutions for telecommunications and other applications in Canada. It designs and manufactures optical components using its proprietary Planar Lightwave Circuit 'Dispersion Bridge' platform for the fiber-to-the-home (FTTH) market. The Company's FTTH products include diplexer optical subassemblies, triplexer optical subassemblies, diplexer transceivers, and triplexer transceivers. Enablence Technologies also offers CWDM products, such as 4 channel CWDM receivers and 8 channel CWDM receivers. In addition, the Company develops spectrometer-on-chip products for use in fluorescence spectroscopy, chemical and biological detection, and DNA sequencing. 
TypePublic
Founded2006
HQOttawa, CA
Websiteenablence.com
Employee Ratings3.2

Latest Updates

Job Openings1
Revenue (FY, 2017)$3.4 M
Share Price (Oct 2021)C$0
Cybersecurity ratingAMore
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Key People/Management at Enablence Technologies

Dan Shmitt

Dan Shmitt

Director
Ashok Balakrishnan

Ashok Balakrishnan

Co-CEO & CTO
Serge Bidnyk

Serge Bidnyk

Director of Research and Design
Scott Larin

Scott Larin

Co-CEO & CFO
Craig Mode

Craig Mode

Co-CEO & CFO
Zheng Chen

Zheng Chen

Director of Sales and Business Development
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Enablence Technologies Office Locations

Enablence Technologies has offices in Ottawa, Fremont and Suzhou
Ottawa, CA (HQ)
390 March Rd #119, Kanata
Suzhou, CN
99 Jinji Lake Avenue, NW-13, Ste 301B Suzhou Industrial Park
Fremont, CA, US
2933 Bayview Dr
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Enablence Technologies Financials and Metrics

Enablence Technologies Revenue

Enablence Technologies's revenue was reported to be $3.45 m in FY, 2017
USD

Revenue (FY, 2017)

3.4m

Gross profit (FY, 2017)

(602.0k)

Gross profit margin (FY, 2017), %

(17.5%)

Net income (FY, 2017)

(8.6m)

EBIT (FY, 2017)

(8.1m)

Market capitalization (22-Oct-2021)

12.8m

Closing stock price (22-Oct-2021)

0.0

Cash (30-Jun-2017)

5.1m

EV

12.8m
Enablence Technologies's current market capitalization is C$12.8 m.
USDFY, 2017

Revenue

3.4m

Cost of goods sold

4.0m

Gross profit

(602.0k)

Gross profit Margin, %

(17%)
USDFY, 2017

Cash

5.1m

Accounts Receivable

1.2m

Prepaid Expenses

346.0k

Inventories

1.7m
USDFY, 2017

Net Income

(8.6m)

Depreciation and Amortization

667.0k

Cash From Operating Activities

(8.8m)

Purchases of PP&E

(1.1m)
USDFY, 2017

Debt/Equity

1.1 x

Debt/Assets

0.5 x

Financial Leverage

2.2 x
Show all financial metrics

Enablence Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Enablence Technologies Online and Social Media Presence

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Enablence Technologies News and Updates

Enablence Technologies Inc. Announces Filing of its Results for the Second Quarter Ended December 31, 2018 and Grant of Stock Options to CEO

OTTAWA, March 01, 2019 (GLOBE NEWSWIRE) -- Enablence Technologies Inc. (“Enablence” or the “Company”) (TSXV: ENA), a leading supplier of optical components and subsystems for access, metro and long-haul markets, announced today it has filed its financial results for the second quarter ended Decemb…

Enablence Technologies Announces Senior Management and Board Changes and receipt of US$4M Purchase Order

OTTAWA, Feb. 06, 2019 (GLOBE NEWSWIRE) -- Enablence Technologies Inc. (“Enablence” or the “Company”) (TSXV: ENA), a leading supplier of optical components and subsystems for access, metro and long-haul markets, today announced changes to the composition of its executive management team with change…

Enablence Technologies Inc. Announces Filing of its Results for the First Quarter Ended September 30, 2018

OTTAWA, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Enablence Technologies Inc. (“Enablence” or the “Company”) (TSXV: ENA), a leading supplier of optical components and subsystems for access, metro and long-haul markets, announced today it has filed its financial results for the first quarter ended Septembe…

Enablence Technologies Inc. Announces Filing of its Results for the Year Ended June 30, 2018

OTTAWA, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Enablence Technologies Inc. (“Enablence” or the “Company”) (TSXV: ENA), a leading supplier of optical components and subsystems for access, metro and long-haul markets, announced today it has filed its financial results for the year ended June 30, 2018. Ad…

Enablence Technologies Blogs

Enablence Announces the Filing of Amended and Restated Annual Financial Statements for the Year Ended June 30, 2019 and the Filing of Interim Financial Statements for the Three and Nine Months Ended March 31, 2020

Ottawa, Canada – September 25, 2020 – Enablence Technologies Inc. (“Enablence” or the “Company”) (TSXV: ENA), a leading supplier of optical components and subsystems, today announces that it has filed its amended and restated audited annual financial statements for the year ended June 30, 2019 (the …

Enablence Technologies Announces Intention to File Restatement of Previously Issued Annual Financial Statements to Reflect Non-Cash Accruals Related to Issuances of Notes, Common Stock, and Advisory Fees, Further Delay of March 31, 2020 Quarterly Financials, and the Receipt of Additional Funds from Note Issuances

Enablence Technologies Announces Intention to File Restatement of Previously Issued Annual Financial Statements to Reflect Non-Cash Accruals Related to Issuances of Notes, Common Stock, and Advisory Fees, Further Delay of March 31, 2020 Quarterly Financials, and the Receipt of Additional Funds from …

Enablence Technologies Updates Filing Date of Q3 Financial Statements

Enablence Technologies Updates Filing Date of Q3 Financial Statements Ottawa, Canada – July 3, 2020 – Enablence Technologies Inc. (“Enablence” or the “Company”) (TSXV: ENA), a leading supplier of optical components and subsystems, today announced that it expects to file, on or about July 17, 2020, i…

Enablence Technologies Extends $7.5 Million of Expiring Convertible Debentures to December 31, 2020

Enablence Technologies Extends $7.5 Million ofExpiring Convertible Debentures to December 31, 2020 Ottawa, Canada – June 30, 2020 – Enablence Technologies Inc. (“Enablence” or the “Company“) (TSXV: ENA), a leading supplier of optical components and subsystems, today announces that it has entered int…

Enablence Technologies Announces Cease Trade Order and Late Filing of Financial Statements

Enablence Technologies Announces Cease Trade Order and Late Filing of Financial Statements Ottawa, Canada – June 11, 2020 – Enablence Technologies Inc. (“Enablence” or the “Company”) (TSXV: ENA), a leading supplier of optical components and subsystems, today announced that it is the subject of a cea…

Enablence Technologies Announces Changes to Management Team

Enablence Technologies Announces Changes to Management Team Ottawa, Canada – May 26, 2020 – Enablence Technologies Inc. (“Enablence” or the “Company”) (TSXV: ENA), a leading supplier of optical components and subsystems, today announced changes to its management team.  Steve Wang has decided to move…
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Enablence Technologies Frequently Asked Questions

  • When was Enablence Technologies founded?

    Enablence Technologies was founded in 2006.

  • Who are Enablence Technologies key executives?

    Enablence Technologies's key executives are Dan Shmitt, Ashok Balakrishnan and Serge Bidnyk.

  • What is Enablence Technologies revenue?

    Latest Enablence Technologies annual revenue is $3.4 m.

  • Who are Enablence Technologies competitors?

    Competitors of Enablence Technologies include Qioptiq Photonics UK, Furukawa Electric and Cube Optics.

  • Where is Enablence Technologies headquarters?

    Enablence Technologies headquarters is located at 390 March Rd #119, Kanata, Ottawa.

  • Where are Enablence Technologies offices?

    Enablence Technologies has offices in Ottawa, Fremont and Suzhou.

  • How many offices does Enablence Technologies have?

    Enablence Technologies has 3 offices.