Second Quarter Highlights (for the three months ended
- Revenue of
$1,660,620 , compared to$1,519,788 , an improvement of 9%. - Net income for the quarter was up 28% to
$523,928 ($0.02 per share) from$410,917 ($0.02 per share). - The Company purchased and cancelled an additional 89,500 common shares. A total of 276,800 shares have been purchased and cancelled as part of the Normal Course Issuer Bid that commenced
August 30, 2023 . - On
May 21, 2024 , the Company announced a special dividend of$0.05 per common share of the Company, paid onJune 11, 2024 , to holders of record of common shares onMay 29, 2024 .
"We are confident in sustaining our growth, with our investments in technology and talent positioning us to capitalize on new opportunities in cash processing and transportation." commented
The financial statements and Management's Discussion and Analysis for the fiscal quarter ended
About
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
This Media Release may contain forward-looking statements, which reflect the Corporation's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual events could differ from those projected herein and depend on a number of factors including the success of the Corporation's sales strategies.
SOURCE