sur Forward Water Technologies Corp. (isin : CA34988A1021)
Forward Water Technologies Announces June 30, 2024 Financial Results
Forward Water Technologies Corp. (TSXV:FWTC) has filed its condensed consolidated interim financial statements and related management's discussion and analysis for the three months ended June 30, 2024. All financial information is reported in Canadian dollars.
Revenue for the quarter was $8,895 compared to $3,349 in the prior period in 2023. Total expenses decreased by 60% to $251,350. Net loss and comprehensive loss reduced by 60% to $261,950 from $596,477. Basic and diluted loss per share remain unchanged.
Key developments include a letter of intent for a business combination with Fraser Mackenzie Accelerator Corp and the issuance of $225,000 of debentures. Additionally, the company announced new projects in the food and beverage sector and issued $200,000 in unsecured convertible debentures.
C. Howie Honeyman, CEO, emphasized that these developments position the company for growth and financial improvement.
R. E.
Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de Forward Water Technologies Corp.