Investors

Leading the Nicotine Vape Revolution

Delota Corp. (CSE:LOTA) is at the forefront of Canada’s smoke-free movement, offering groundbreaking alternatives to traditional combustible tobacco. Catering specifically to adult consumers, our aim is to redefine the way individuals transition away from smoking by providing convenient access, an unparalleled retail experience and a carefully curated range of products.

Our flagship brand, 180 Smoke Vape Store, is Ontario’s largest specialty nicotine vape omnichannel retailer. 180 Smoke exemplifies our dedication to innovation, growth, and leadership in the retail nicotine vape domain. In addition, the Company’s retail portfolio also includes Offside Cannabis.

Investor Highlights

  • Untapped Market Potential
    $2 billion market by 2025 in Canada alone; Delota outpaced industry growth by 22.3%.
  • Strong Recurring Revenue
    $23.9MM in revenue for the 9 months ended October 31, 2023 with 41% gross margin.
  • Diversified Revenue Split
    Nicotine Vape: B2C (64.3%), B2B (18.6%), Partnership (4.7%); Cannabis: B2C (12.4%)
  • Strategic Nicotine Expansion Plans Across Canada
    29 brick-and-mortar stores in Ontario and a Canada-wide e-commerce platform.
    (Target: Adding 2-3 net new stores per quarter)
  • Strong Customer Base with Monetization Potential
    Over 220K loyalty members across all platforms.
  • Consolidation and M&A Opportunity
    Well positioned to consolidate the fragmented Canadian vape industry.
  • Undervalued, Significant Runway for Multiple Expansion
    Favourable valuation and attractive opportunity to participate. Current valuation is 0.15x run rate revenue.

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Company Snapshot

Shares Outstanding: 29.0MM

Fully Diluted: 50.9MM

Market Cap: 4.5MM
(as of February 21, 2024)

 

Annual Revenue: $25.9MM
(year ended January 31, 2023)

 

Run Rate Revenue: $31.9MM
(3 months ended October 31, 2023, annualized)

Total Debt: $1.7MM

Press Releases

Delota Retains Strike Communications for Capital Markets and Corporate Communications Services

announce that the Company has retained Strike Communications Inc. (“Strike”) to perform capital markets and corporate communications services for the Company, effective March 14, 2024 (the “Agreement”). The Agreement will continue on a month-to-month basis and may be terminated by either party upon 60 days’ written notice. In connection with the Agreement, Strike will assist with the creation, coordination and implementation of the Company’s targeted capital markets strategy and investor relations objectives with respect to developing and distributing effective marketing communications and increasing investor awareness while introducing the Company to private investors, analysts, brokers, money managers, newsletter writers and other financial professionals (“Services”).

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Delota Corp. Completes Debt Settlements

Vaughan, Ontario–(Newsfile Corp. – February 5, 2024) – Delota Corp. (CSE: LOTA) (“Delota” or the “Company”) is pleased to announce that, further to its press release dated January 26, 2024, the Company has completed debt settlements in the amount of $215,000.10 with certain creditors of the Company to preserve the Company’s cash for working capital through the issuance of 1,535,715 units of the Company (each, a “Unit”) at a price of $0.14 per Unit (each a “Debt Settlement”).

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Delota Corp. Announces Intention to Complete Debt Settlements

e Company intends to settle (together, the “Debt Settlements”) up to a maximum of $215,000.10 in debt through the issuance of up to a maximum of 1,535,715 units of the Company (each, a “Unit”) at a price of $0.14 per Unit. Each Unit will consist of one common share in the capital of the Company (each, a “Common Share”) and one Common Share purchase warrant (each, a “Warrant”). Each Warrant shall entitle the holder thereof to acquire one additional Common Share (each, a “Warrant Share”) at a price of $0.15 per Warrant Share for a period of 24 months from the date of issuance.

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Company

7941 Jane Street, Unit 2, Concord, ON, L4K 2M7

[email protected]