MD&A

Pulse Seismic Inc. Reports 2023 Financial Results and Declares Dividend

Retrieved on: 
Friday, February 16, 2024

The Company has included these non-GAAP financial measures because management, investors, analysts and others use them as measures of the Company’s financial performance.

Key Points: 
  • The Company has included these non-GAAP financial measures because management, investors, analysts and others use them as measures of the Company’s financial performance.
  • These non-GAAP financial measures are defined, calculated and reconciled to the nearest GAAP financial measures in the Management's Discussion and Analysis.
  • Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic.
  • Pulse does not publish specific financial goals or otherwise provide guidance, due to the inherently poor visibility of seismic revenue.

D-BOX Technologies Reports Fiscal 2024 Third Quarter Results

Retrieved on: 
Tuesday, February 13, 2024

MONTREAL, Feb. 13, 2024 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the "Corporation") (TSX: DBO) a world leader in haptic and immersive experiences, today reported financial results for the third quarter ended December 31, 2023. All dollar amounts are expressed in Canadian currency.

Key Points: 
  • During the quarter, there were 19 net new screen installations in the theatrical business compared to 27 for the same period last year.
  • Operating expenses for the quarter were $4.0 million, or 50% of revenues, compared to $4.6 million, or 44% of revenues, in the same quarter a year earlier.
  • Net loss for the quarter was $425 thousand compared with a net loss of $110 thousand a year earlier.
  • During the presentation, management will discuss the Corporation’s third quarter results and outlook for the balance of the fiscal year.

Prairie Provident Resources files Amended Management’s Discussion and Analysis

Retrieved on: 
Monday, November 20, 2023

CALGARY, Alberta, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (the "Company") reports that it has filed amended Management’s Discussion and Analysis (MD&A) for the interim period ended September 30, 2023.

Key Points: 
  • CALGARY, Alberta, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (the "Company") reports that it has filed amended Management’s Discussion and Analysis (MD&A) for the interim period ended September 30, 2023.
  • The Company's actual net debt (calculated as described in the MD&A) at September 30, 2023 was $79.084 million, not $102.645 million as indicated in the originally filed document.
  • Please see page 21 of the amended MD&A for the corrected disclosure of net debt.
  • This correction constitutes the only change from the interim MD&A originally filed on November 14, 2023.

D-BOX Technologies Reports Record Revenue for Second Quarter of Fiscal 2024

Retrieved on: 
Friday, November 10, 2023

Second quarter revenues increased 77% to $10.9 million compared with $6.1 million for the same quarter a year ago.

Key Points: 
  • Second quarter revenues increased 77% to $10.9 million compared with $6.1 million for the same quarter a year ago.
  • Operating expenses for the quarter were $4.3 million, or 40% of revenues, compared to $3.7 million, or 61% of revenues, in the same quarter a year earlier.
  • Adjusted EBITDA increased to $1.1 million from $38 thousand in the second quarter of last year.
  • During the presentation, management will discuss the Corporation’s second quarter results, its renewed focus on the professional simulation and training market, and its outlook.

Methanex Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, October 25, 2023

VANCOUVER, British Columbia, Oct. 25, 2023 (GLOBE NEWSWIRE) -- For the third quarter of 2023, Methanex (TSX:MX) (NASDAQ:MEOH) reported net income attributable to Methanex shareholders of $24 million ($0.36 net income per common share on a diluted basis) compared to net income of $57 million ($0.73 net income per common share on a diluted basis) in the second quarter of 2023. Net income in the third quarter of 2023 was lower compared to the prior quarter primarily due to a lower average realized price, lower sales of Methanex-produced methanol and the mark-to-market impact of share-based compensation due to changes in Methanex's share price, offset by a settlement of a historical dispute under an existing gas contract. Adjusted EBITDA for the third quarter of 2023 was $105 million and Adjusted net income was $1 million ($0.02 Adjusted net income per common share). This compares with Adjusted EBITDA of $160 million and Adjusted net income of $41 million ($0.60 Adjusted net income per common share) for the second quarter of 2023.

Key Points: 
  • Net income attributable to Methanex shareholders of $24 million and Adjusted EBITDA of $105 million in the third quarter.
  • The average realized price in the third quarter was $303 per tonne compared to $338 per tonne in the second quarter of 2023.
  • VANCOUVER, British Columbia, Oct. 25, 2023 (GLOBE NEWSWIRE) -- For the third quarter of 2023, Methanex (TSX:MX) (NASDAQ:MEOH) reported net income attributable to Methanex shareholders of $24 million ($0.36 net income per common share on a diluted basis) compared to net income of $57 million ($0.73 net income per common share on a diluted basis) in the second quarter of 2023.
  • Our average realized price in the third quarter was $303 per tonne compared to $338 per tonne in the second quarter of 2023.

Pulse Seismic Inc. Reports Third Quarter 2023 Results and Declares Regular Quarterly Dividend

Retrieved on: 
Wednesday, October 25, 2023

EBITDA per share is defined as EBITDA divided by the weighted average number of shares outstanding for the period.

Key Points: 
  • EBITDA per share is defined as EBITDA divided by the weighted average number of shares outstanding for the period.
  • Pulse is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector.
  • Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic.
  • Pulse does not publish specific financial goals or otherwise provide guidance, due to the inherently poor visibility of seismic revenue.

D-BOX Technologies’ First Quarter Highlighted by Strong Growth in Revenue and Profitability

Retrieved on: 
Thursday, August 10, 2023

Revenue increased $3.4 million, or 47%, to $10.5 million compared with $7.1 million for the first quarter of last year.

Key Points: 
  • Revenue increased $3.4 million, or 47%, to $10.5 million compared with $7.1 million for the first quarter of last year.
  • Simulation and training system sales increased by 153% to $2.9 million driven by growth in the transportation industry.
  • Entertainment system sales increased by 44% to $4.5 million mostly due to expansion and growth in sim racing.
  • Adjusted EBITDA provides useful and complementary information, which can be used, in particular, to assess profitability and cash flows from operations.

Pulse Seismic Inc. Reports Strong Q2 2023 Results and Declares Regular Quarterly and Special Dividends

Retrieved on: 
Tuesday, July 25, 2023

EBITDA per share is defined as EBITDA divided by the weighted average number of shares outstanding for the period.

Key Points: 
  • EBITDA per share is defined as EBITDA divided by the weighted average number of shares outstanding for the period.
  • Pulse is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector.
  • Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic.
  • Pulse does not publish specific financial goals or otherwise provide guidance, due to the inherently poor visibility of seismic revenue.

D-BOX Technologies Reports Fourth Quarter and Fiscal 2023 Year End Results

Retrieved on: 
Wednesday, May 31, 2023

MONTRÉAL, May 31, 2023 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the "Corporation") (TSX: DBO) a world leader in haptic and immersive experiences, today reported financial results for the fourth quarter and fiscal year ended March 31, 2023. All dollar amounts are expressed in Canadian currency.

Key Points: 
  • Fourth quarter revenues increased 49% to $10.4 million compared to $7.0 million for the same quarter a year earlier.
  • Net loss for the quarter was $0.1 million compared with net income of $0.2 million in the fourth quarter a year earlier.
  • During the webinar, management will discuss D-BOX’s fiscal 2023 results and recent developments in the video gaming market.
  • ADDITIONAL INFORMATION REGARDING THE FOURTH QUARTER AND YEAR ENDED MARCH 31, 2023
    The financial information relating to the fourth quarter and fiscal year ended March 31, 2023, should be read in conjunction with the Corporation’s audited consolidated financial statements and the Management’s Discussion and Analysis dated May 31, 2023.

PAN GLOBAL ANNOUNCES YEAR-END FINANCIAL RESULTS AND OPERATIONAL SUMMARY

Retrieved on: 
Thursday, May 25, 2023

VANCOUVER, BC, May 25, 2023 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) is pleased to report its fourth quarter and audited annual financial results for the financial year ended January 31, 2023 were filed on May 24, 2023.

Key Points: 
  • VANCOUVER, BC, May 25, 2023 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) is pleased to report its fourth quarter and audited annual financial results for the financial year ended January 31, 2023 were filed on May 24, 2023.
  • Tim Moody, Pan Global President and CEO noted: "Last year was one of tremendous progress for Pan Global as we advanced our rich project portfolio.
  • On April 11, 2023, Pan Global announced positive metallurgical test results exceeding 86% copper recovery for the La Romana copper mineralization using conventional flotation.
  • On May 24, 2023, Pan Global announced the appointment of Corinne Smit, CPA-CA, to the Board of Directors of the Company.