Development Trusts Association Scotland

Microbix Reports Results for Fiscal 2020

Retrieved on: 
Friday, December 18, 2020
Financial accounting, Fiscal year, Q3, Development Trusts Association Scotland, fis, Finance, Service companies, Companies

MISSISSAUGA, Ontario, Dec. 18, 2020 (GLOBE NEWSWIRE) -- Microbix Biosystems Inc. (TSX: MBX, Microbix), a life sciences innovator making critical ingredients that enable the production of clinical diagnostics and creating medical devices that help ensure test accuracy, reports results for its 2020 fiscal year (2020) and fourth quarter (Q4) ended September 30, 2020, with continued progress toward its operational goals.

Key Points: 
  • MISSISSAUGA, Ontario, Dec. 18, 2020 (GLOBE NEWSWIRE) -- Microbix Biosystems Inc. (TSX: MBX, Microbix), a life sciences innovator making critical ingredients that enable the production of clinical diagnostics and creating medical devices that help ensure test accuracy, reports results for its 2020 fiscal year (2020) and fourth quarter (Q4) ended September 30, 2020, with continued progress toward its operational goals.
  • 2020 did not achieve the financial targets we had set-out at the start of the year due in large part to the COVID-19 pandemic.
  • This occurred principally in fiscal Q3, the first-ever quarter of constant usage of all bioreactor units, and had a large negative impact on margin and bottom-line results that quarter.
  • Similarly, due to Microbix not achieving its operational profitability goals in 2020, a write-down of Deferred Tax Assets (DTAs) was also taken.

Kidrobot Wins Awards for Best Licensed Toy and Best Mini Series at the 2018 Designer Toy Awards With Work By Artists Tara McPherson And J*RYU

Retrieved on: 
Thursday, June 14, 2018
Designer toys, Kidrobot, Development Trusts Association Scotland, Structure, Design, Visual arts

The Designer Toy Awards (DTAs) are the leading award event honoring excellence and innovation in the designer toy art world.

Key Points: 
  • The Designer Toy Awards (DTAs) are the leading award event honoring excellence and innovation in the designer toy art world.
  • Reflecting the tremendous and ongoing growth of the designer toy community, the DTAs celebrate the best of the industry's artists, designers, and brands.
  • Winning these awards further establishes Kidrobot as the leading creator of trend-setting designer art toys.
  • For the Wonder Woman licensed figure, Kidrobot teamed up once again with New York City based artist, Tara McPherson in conjunction with DC Comics .