Thinspace Technology Ltd (OTC: THNS) is a global provider of application delivery, desktop virtualization, and cloud client technology solutions. Our technology enables IT and service providers to manage and deploy secure application and desktop delivery solutions providing users instant access to applications on any device, over any network or cloud.

Carrollton, US
Size (employees)
11 (est)
Thinspace was founded in 2004 and is headquartered in Carrollton, US

Thinspace Office Locations

Thinspace has an office in Carrollton
Carrollton, US (HQ)
349 1925 E Belt Line Rd

Thinspace Metrics

Thinspace Financial Metrics

Thinspace's revenue was reported to be $1.5 m in FY, 2014 which is a 76% decrease from the previous period.

Revenue (FY, 2014)

$1.5 m

Revenue growth (FY, 2013 - FY, 2014), %


Gross profit (FY, 2014)

$814.2 k

Gross profit margin (FY, 2014), %


Net income (FY, 2014)

($1.5 m)

EBIT (FY, 2014)

($1.2 m)

Market capitalization (23-May-2017)

$125.1 k

Closing share price (23-May-2017)


Cash (31-Dec-2015)

£10.2 k
Thinspace's current market capitalization is $125.1 k.
FY, 2013FY, 2014


$6.3 m$1.5 m

Revenue growth, %


Cost of goods sold

$3.5 m$695.1 k

Gross profit

$2.8 m$814.2 k

Gross profit Margin, %


Operating expense total

$6.2 m$2 m


($3.4 m)($1.2 m)

EBIT margin, %


Interest expense

$306.3 k

Pre tax profit

($1.5 m)($1.5 m)

Net Income

($8.3 m)($1.5 m)
FY, 2013FY, 2014FY, 2015


$341 k£24.7 k£10.2 k

Accounts Receivable

$387.3 k£452 k£13.8 k


$36.3 k£17.1 k

Current Assets

$1.2 m£476.7 k£24.1 k


£12.7 k


£78.7 k

Total Assets

$1.5 m£568.1 k£24.1 k

Accounts Payable

$1.6 m£549.1 k£909.8 k

Total Debt

Current Liabilities

$14.6 m£549.1 k£909.8 k

Additional Paid-in Capital

£6.9 m

Retained Earnings

($14.1 m)

Total Equity

($14 m)(£811 k)(£1.8 m)

Financial Leverage

-0.1 x-0.7 x0 x
FY, 2013FY, 2014

Net Income

($1.5 m)($1.5 m)

Depreciation and Amortization

$75.1 k$75.1 k

Accounts Receivable

($232.6 k)($198.7 k)


($32.9 k)($32.9 k)

Accounts Payable

$275.9 k$275.9 k

Cash From Operating Activities

($29.5 k)($29.5 k)

Cash From Investing Activities

($36.5 k)($36.5 k)

Cash From Financing Activities

$408.8 k$408.8 k

Interest Paid

$1.1 k$1.1 k

Thinspace Market Value History

Thinspace Online Presence

Thinspace Company Life

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