VALU announces its quarterly result, wherein the company posted loss before other item at CAD 0.368 million, higher than CAD 0.210 million in the previous corresponding period (pcp).
The quarter witnessed higher Consulting fees (CAD 0.150 million v/s CAD 0.127 million in pcp), an increase in professional fees (CAD 0.034 million v/s CAD 0.021 million in pcp) coupled with a surge in promotion costs (CAD 0.162 million v/s CAD 0.054 million in pcp). Additionally, higher Property expenses (CAD 0.014 million v/s CAD 0.001 million in pcp) also contributed to the higher loss.
The group reported a net loss of CAD 0.362 million, as compared to CAD 0.210 million in pcp.
VALU reported a Cash balance of CAD 0.087 million, while total assets are recorded at CAD 1.259 million.
The quarter witnessed higher Consulting fees (CAD 0.150 million v/s CAD 0.127 million in pcp), an increase in professional fees (CAD 0.034 million v/s CAD 0.021 million in pcp) coupled with a surge in promotion costs (CAD 0.162 million v/s CAD 0.054 million in pcp). Additionally, higher Property expenses (CAD 0.014 million v/s CAD 0.001 million in pcp) also contributed to the higher loss.
The group reported a net loss of CAD 0.362 million, as compared to CAD 0.210 million in pcp.
VALU reported a Cash balance of CAD 0.087 million, while total assets are recorded at CAD 1.259 million.