sur Appulse Corporation (isin : CA03833A1049)
Appulse Corporation Reports Nine-Month Financial Results for 2024
On November 13, 2024, Appulse Corporation released its financial results for the nine months ending September 30, 2024. Following the sale of its subsidiary, Centrifuges Unlimited Inc., on November 1, 2023, the company restructured its financial position.
The company's financial statements include a June 7, 2024 dividend of $0.15 per share and a September 3, 2024 capital reduction cash distribution of $0.135 per share. This period generated $304,000 solely from interest income. Despite these gains, the company reported a net loss of $120,000, compared to a net income of $313,000 during the same period in the previous year.
As of September 30, 2024, Appulse held $4,160,000 in assets, including cash and escrow receivables. Liabilities totaled $105,000, leaving a net equity of $4,055,000. The management continues to seek investment opportunities to enhance shareholder value.
R. H.
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