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 Data and 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 (20-Jul-2017)

62.6 k

Closing share price (20-Jul-2017)


Cash (31-Dec-2015)

10.2 k
Thinspace's current market capitalization is $62.6 k.
USDFY, 2013FY, 2014


6.3 m1.5 m

Revenue growth, %


Cost of goods sold

3.5 m695.1 k

Gross profit

2.8 m814.2 k

Gross profit Margin, %


Operating expense total

6.2 m2 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)
USDFY, 2013FY, 2014FY, 2015


341 k24.7 k10.2 k

Accounts Receivable

387.3 k452 k13.8 k


36.3 k17.1 k

Current Assets

1.2 m476.7 k24.1 k


12.7 k


78.7 k

Total Assets

1.5 m568.1 k24.1 k

Accounts Payable

1.6 m549.1 k909.8 k

Current Liabilities

14.6 m549.1 k909.8 k

Total Liabilities

1.4 m1.8 m

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
USDFY, 2013FY, 2014

Net Income

(1.5 m)(1.5 m)

Depreciation and Amortization

75.1 k75.1 k

Accounts Receivable

(232.6 k)(198.7 k)


(32.9 k)(32.9 k)

Accounts Payable

275.9 k275.9 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 k408.8 k

Interest Paid

1.1 k1.1 k

Thinspace Market Value History

Traffic Overview of Thinspace

Thinspace Online and Social Media Presence

Thinspace Company Life and Culture

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