PowerBand Announces 2022 Annual Financial Results
PowerBand Announces 2022 Annual Financial Results
TORONTO, ON / ACCESSWIRE / May 1, 2023 / PowerBand Solutions (TSXV:PBX)(OTCQB:PWWBF)(Frankfurt: 1ZVA) ("PowerBand" "PBX" or the "Company"), a comprehensive e-commerce solution transforming the online experience to lease and finance vehicles, is announcing that it has filed its Consolidated Financial Statements and Management's Discussion and Analysis report for the years ended December 31, 2022, and 2021. These documents may be viewed under the Company's profile at .
多伦多,于/ACCESSWIRE/2023年5月1日/Powerband Solutions(多伦多证券交易所股票代码:PBX)(OTCQB:PWWBF)(法兰克福:1ZVA)(“电力带“”PBX“或“公司“),一家将在线体验转变为租赁和融资车辆的综合电子商务解决方案,宣布已提交截至2022年12月31日和2021年12月31日的年度综合财务报表和管理层讨论和分析报告。这些文件可在公司简介下查看,网址为:。
Revenue for the fourth quarter of 2022 decreased to $2,054,728 in comparison to Q4/2021 revenue of $8,148,893. Adjusted EBITDA loss for the fourth quarter of 2022 increased by $681,020 or 38% as compared to the fourth quarter of 2021.
2022年第四季度的收入降至2,054,728美元,而2021年第四季度的收入为8,148,893美元。与2021年第四季度相比,2022年第四季度调整后的EBITDA亏损增加了681,020美元或38%。
Revenue for the fiscal year 2022 was $12,761,228, as compared to fiscal year 2021 revenue of $23,936,988, a decrease of 47%. Adjusted EBITDA loss for fiscal year 2022 was $9,331,521, as compared to an adjusted EBITDA loss for fiscal year 2021 of $5,838,786, an increase of 60%.
2022财年的收入为12,761,228美元,而2021财年的收入为23,936,988美元,下降了47%。2022财年调整后的EBITDA亏损为9,331,521美元,而2021财年调整后的EBITDA亏损为5,838,786美元,增长了60%。
Cash on hand at December 31, 2022 was $10,299,414 compared to $6,367,533 as at December 31, 2021.
截至2022年12月31日,手头现金为10,299,414美元,而截至2021年12月31日,手头现金为6,367,533美元。
On April 25, 2023, the Company issued a press release and provided shareholders with a corporate and operational update for Drivrz Financial, LLC, its new and used vehicle leasing platform. The Company continues to work with its funding partners to re-commence the origination of leases and will provide an update when available. The Company is also seeking to secure additional funding lines for Drivrz Financial, LLC.
2023年4月25日,该公司发布了一份新闻稿,并向股东提供了其新的和二手汽车租赁平台Drivrz Financial,LLC的公司和运营最新情况。该公司继续与其融资伙伴合作,重新启动租赁的发起,并将在有最新情况时提供最新情况。该公司还在寻求为Drivrz Financial,LLC争取更多的资金额度。
About PowerBand Solutions, Inc.
关于Powerband解决方案公司
PowerBand Solutions Inc., listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand's integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers, and funders. PowerBand's transaction platform - being trademarked under DRIVRZ - is being made available across the United States of America.
在多伦多证券交易所创业板和场外交易市场上市的Power Band Solutions Inc.是一家颠覆汽车行业的金融科技供应商。Powerband的集成、基于云的交易平台为消费者、经销商和资助者之间的交易提供便利。Powerband的交易平台-注册商标为DRIVRZ-正在美利坚合众国各地提供。
For further information, please contact:
如需更多信息,请联系:
Darrin Swenson
Chief Executive Officer and Director
E: Darrin.swenson@powerbandsolutions.com
P: 1-866-768-7653
达林·斯文森
董事首席执行官兼首席执行官
电子邮件:Darrin.swenson@Powerband soltions.com
电话:1-866-768-7653
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 news release.
TSXV及其监管服务提供商(该术语在TSXV的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
Non-IFRS Measures:
非国际财务报告准则衡量标准:
This news release contains non-IFRS financial measures; the Company believes that these measures provide investors with useful supplemental information about the financial performance of its business, enable comparison of financial results between periods where certain items may vary independent of business performance, and allow for greater transparency with respect to key metrics used by management in operating its business. Although management believes these financial measures are important in evaluating the Company's performance, they are not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with IFRS. These non-IFRS financial measures do not have any standardized meaning and may not be comparable with similar measures used by other companies. For certain non-IFRS financial measures, there are no directly comparable amounts under IFRS. These non-IFRS financial measures should not be viewed as alternatives to measures of financial performance determined in accordance with IFRS. Moreover, presentation of certain of these measures is provided for year-over-year comparison purposes, and investors should be cautioned that the effect of the adjustments thereto provided herein have an actual effect on the Company's operating results.
本新闻稿包含非国际财务报告准则的财务措施;公司认为这些措施措施为投资者提供关于金融市场的有用补充信息其业务业绩,使财务结果能够在以下期间进行比较某些项目可能独立于业务表现而变化,并允许更高的透明度关于管理层在经营业务时使用的关键指标。虽然管理层我相信这些财务指标在评估公司业绩时很重要,并不打算孤立地考虑,也不打算作为财务指标的替代或优于财务指标根据“国际财务报告准则”编制和列报的信息。这些非《国际财务报告准则》财务衡量标准没有任何标准化意义,可能无法与类似的其他公司使用的措施。对于某些非《国际财务报告准则》的财务措施,没有国际财务报告准则下的直接可比金额。这些非《国际财务报告准则》的财务措施不应被视为根据以下规定确定的财务业绩指标的替代方案 国际财务报告准则。此外,还提供了其中某些措施的按年列报。比较的目的,投资者应该注意,调整对其的影响本规定对本公司的经营业绩有实际影响。
FORWARD-LOOKING STATEMENTS
前瞻性陈述
This news release contains forward-looking statements relating to the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects", "believes" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives of the Company, expected benefits and results from operations, expected return to shareholders as a result of allocating growth capital and resources to the DrivrzFinancial platform, expected results of cost-saving initiatives, the resolution of lease repurchases with the financial institution, the re-commencement of lease originations through the Forward Flow Purchase and Security Agreement and the ability of PowerBand to secure additional funding lines for DrivrzFinancial are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
本新闻稿包含与该公司有关的前瞻性陈述和其他非历史事实的陈述。前瞻性陈述通常使用诸如“将”、“可能”、“应该”、“预期”、“预期”、“相信”等术语以及类似的表述。除有关历史事实的陈述外,本新闻稿中包含的所有陈述,包括但不限于有关公司未来的计划和目标、预期的经营收益和结果、通过向DrivrzFinancial平台分配增长资本和资源而给股东带来的预期回报、成本节约举措的预期结果、与金融机构的租赁回购的解决方案、通过远期流量购买和安全协议重新启动租赁发起以及Powerband为DrivrzFinancial获得额外资金额度的能力,均为前瞻性陈述,涉及风险和不确定因素。不能保证这些陈述将被证明是准确的,实际结果和未来事件可能与这些陈述中预期的大不相同。
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. As a result, we cannot guarantee that any forward-looking statement will materialize, and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
提醒读者,在准备任何前瞻性信息时使用的假设可能被证明是不正确的。由于许多已知和未知的风险、不确定性和其他因素,其中许多是公司无法控制的,事件或情况可能会导致实际结果与预测的结果大不相同。因此,我们不能保证任何前瞻性陈述都会成为现实,并告诫读者不要过度依赖任何前瞻性信息。这些信息虽然在准备时被管理层认为是合理的,但可能被证明是不正确的,实际结果可能与预期的大不相同。
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as at the date of this news release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by Canadian securities law.
本新闻稿中包含的前瞻性陈述明确地受到本警示性声明的限制。本新闻稿中包含的前瞻性陈述是在本新闻稿发布之日作出的,除非加拿大证券法明确要求,否则公司不承担公开更新或修改任何包含的前瞻性陈述的义务,无论是由于新信息、未来事件还是其他原因。
SOURCE: PowerBand Solutions Inc.
资料来源:Powerband Solutions Inc.