Kontrol Technologies Hits $4.2 Million In Revenue, First Positive Net Income In Q2 2021
Kontrol Technologies Corp. (NEO: KNR) released on Monday its financial statements for the quarter ending on June 30, 2020. The results highlighted a quarterly revenue of $4.2 million, up from Q1 2021’s $3.3 million and Q2 2020’s $2.3 million. The quarterly gross margin followed the trend as it jumps to 59.8% from 54.5% last quarter […]
Stem Holdings Posts Q2 Net Revenues Of $10.6 Million
Stem Holdings (CSE: STEM) continues to see its operations make gains in terms of revenue. The company last night posted its third quarter financial results, highlighting record sales of US$12.4 million on a gross basis. In terms of net revenues, the company posted $10.6 million in revenues. Following cost of goods sold of $9.1 million, […]
Bitfarms Announces US$500 Million At The Market Financing, Posts Q2 Net Loss
Last night, Bitfarms Ltd (TSXV: BITF) reported its second quarter financial results, posting revenues of $36.7 million for the three month period along with a net loss. Revenues were up on a quarter over quarter basis, climbing from $28.4 million to $36.7 million. Cost of sales during the quarter meanwhile amounted to $13.4 million, resulting […]
The Parent Company Sees Revenues Climb 36% To $54.2 Million In Q2 2021
TPCO Holdings (NEO: GRAM), whom is operating as The Parent Company, last night announced its second quarter financial results. The company posted total revenues of $54.2 million for the quarter, a notable quarter over quarter gain. Revenues were up 35.8% on a sequential basis, climbing from $39.9 million in the prior quarter. Cost of sales […]
Superior Gold Drills 42.2 G/T Gold Over 5.6 Metres At Plutonic
Superior Gold Inc. (TSXV: SGI) announced this morning the results from an ongoing diamond drill program at its Plutonic gold mine in Western Australia. The report highlights an assay of 42.2 g/t gold over 5.6 metres. The company provided the drill results from 52 holes out of the program, totaling 8,451 metres of drilling. These […]
Canada’s Housing Market Continues to Cool off in July
Home sales across Canada suffered their fourth straight month of declines in July, as the number of individuals looking to sell their property declined significantly, despite ongoing price gains. According to data published by the Canadian Real Estate Association (CREA), home sales fell another 3.5% in July, as the total number of transactions were 15.2% […]
BMO, Canaccord Lower Targets On Xebec Adsorption After Margins Continue To Disappoint
On August 12, Xebec Adsorption Inc. (TSX: XBC) announced its second-quarter financial results. The company announced revenues of $32.7 million, growing 58.4% sequentially. The company had $5 million in gross profit, which grew 19.3% sequentially, and a 15% profit margin. The firm also had a -$6 million operating profit and net income came in at […]
Nevada Copper Ends Q2 2021 With US$14.1 Million Net Loss, Gets US$2.4 Million Payroll Loan Waived
Nevada Copper Corp. (TSX: NCU) announced on Friday after closing bell its financial results for the second quarter ended June 30, 2021. While the released statement itself did not discuss the company’s quarter-end figures, the financial statement filed showed the company incurring US$14.1 million net loss. The quarterly loss translates to US$0.01 per share and […]
BMO Reiterates Ratings On Cineplex After Improved Sequential Revenues
On August 12, Cineplex Inc. (TSX: CGX) reported its second-quarter financial statements. The company reported revenues of $64.9 million, growing 56.9% sequentially, while gross profit came in at $43.7 million up 51.4%. The company had a gross margin of 67.2% while operating margin came in at -108.4%, or -$70 million. The company had -$104 million […]
Carbon Streaming Corp: Exposing Retail investors To Carbon Credits – The Daily Dive
Starting off the week on the Daily Dive, we sit down with Justin Cochrane, CEO of Carbon Streaming Corp (NEO: NETZ). Justin joins us this morning to discuss the firms recent listing on the Neo as well as on the Frankfurt Exchange, the recent carbon streaming agreement with the Rimba Raya Project, the firms IPO […]