Femto Technologies Inc. Files 2024 Annual Report
Ticker: FMTOF · Form: 20-F · Filed: Mar 31, 2025 · CIK: 1888151
Sentiment: neutral
Topics: annual-report, financials, software
TL;DR
Femto Tech (ex-BYND) dropped its 2024 20-F. Check the financials.
AI Summary
Femto Technologies Inc. (formerly BYND CANNASOFT ENTERPRISES INC.) filed its 20-F report for the fiscal year ending December 31, 2024. The company, based in Vancouver, operates in the prepackaged software industry. The filing covers financial data from 2021 through 2024, detailing aspects like issued capital and various reserves.
Why It Matters
This filing provides investors with a comprehensive overview of Femto Technologies Inc.'s financial performance and position for the fiscal year 2024, including historical data for comparison.
Risk Assessment
Risk Level: medium — As a 20-F filing, it provides historical financial data, but lacks forward-looking statements or specific operational details that would indicate immediate risk.
Key Numbers
- 2024 — Fiscal Year End (The period covered by the 20-F report.)
- 2021-2024 — Financial Data Range (Years for which financial information is presented or referenced.)
Key Players & Entities
- Femto Technologies Inc. (company) — Filer of the 20-F report
- BYND CANNASOFT ENTERPRISES INC. (company) — Former name of Femto Technologies Inc.
- 20241231 (date) — Fiscal year end for the report
- 20250331 (date) — Filing date of the report
- Vancouver (location) — Business and mailing address city
FAQ
What was the primary reason for the name change from BYND CANNASOFT ENTERPRISES INC. to Femto Technologies Inc.?
The filing states the name change occurred on October 14, 2021, but does not provide the specific reason for the change.
What is the SIC code for Femto Technologies Inc.?
The Standard Industrial Classification code listed is 7372, which corresponds to SERVICES-PREPACKAGED SOFTWARE.
Where is Femto Technologies Inc. located?
The company's business and mailing address is located at 2264E 11TH AVENUE, VANCOUVER, A1, V5N1Z6.
What is the SEC file number for Femto Technologies Inc.?
The SEC file number is 001-41408.
What specific financial reserves are mentioned in the filing for the fiscal year 2021?
The filing mentions reserves for Issued Capital, Shares To Be Issued, Share Purchase Warrants, Exchange Differences On Translation, Sharebased Payments, Insurance Finance Income/Expenses, and Retained Earnings for 2021.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on March 31, 2025 regarding Femto Technologies Inc. (FMTOF).