IAS 2

GreenPower Reports Record Revenue of $15.3 million for the Fourth Quarter and $39.7 million for Fiscal 2023

Retrieved on: 
Monday, July 17, 2023
BEAST, Star, EV, Bank statement, Chassis, EDGAR, Green, Sale, Cargo, ATM, Ford F-Series (medium duty truck), Draft horse, IAS 2, Growth, IAS, News, Type D, Video game, Tunnel, Fireworks, Rail transport

Generated record revenues of $39,695,890 in the 2023 fiscal year, an increase of 130% over the previous year's revenue of $17,236,773.

Key Points: 
  • Generated record revenues of $39,695,890 in the 2023 fiscal year, an increase of 130% over the previous year's revenue of $17,236,773.
  • Fourth Quarter 2023 Financial Highlights:
    Recorded revenues in the fourth quarter of $15,304,288, an increase of 255% over the revenue of $4,313,964 for the fourth quarter in the previous fiscal year.
  • Reported deferred revenue of $10 million at the end of the current quarter including the current portion of $8.1 million.
  • Working capital improved to $27.7 million at the end of the fourth quarter compared to $25.6 million at the end of the third quarter.

HIVE Achieves Record Annual Revenue Ended March 31, 2022 of $211 Million and Earnings of $79 Million with a 545% Growth in BTC Mining Hashrate

Retrieved on: 
Wednesday, July 20, 2022
Ethereum, Bitcoin, Sale, ETH, IAS, Black–Scholes model, IAS 2, Industry, Legislation, Twitter, HIVE, Phrase, Income, Risk, IAS 38, Webcast, News, Adoption, IFRS, Mining, Mission statement, COO, Company, MD, BTC, Efficiency, Follow, Intangible asset, Analysis, Inventory, ESG, Growth, Audit, Cryptocurrency

A reconciliation to its nearest IFRS measures is provided under "Reconciliations of Non-IFRS Financial Performance Measures" in the Companys MD&A.

Key Points: 
  • A reconciliation to its nearest IFRS measures is provided under "Reconciliations of Non-IFRS Financial Performance Measures" in the Companys MD&A.
  • There was no significant impact to the consolidated financial statements as a result of this change for the year ended March 31, 2021.
  • Management will host a webcast on Wednesday, July 20, 2022 at 4:00 pm Eastern Time to discuss the Companys financial results.
  • Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards.