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AirTest Improves Sales and Profitability in Second Quarter

AirTest Improves Sales and Profitability in Second Quarter

AirTest 在第二季度提高了销售额和盈利能力
newsfile ·  2023/08/30 13:08

Delta, British Columbia--(Newsfile Corp. - August 30, 2023) - ATI AirTest Technologies Inc. (TSXV: AAT) (OTC Pink: AATGF) ("AirTest" or the "Company") CEO Ted Konyi is pleased to announce that the Company has now filed its second quarter 2023 Financial Statements and MD&A.

不列颠哥伦比亚省三角洲-(Newsfile Corp.-2023年8月30日)-ATI AirTest Technologies Inc.(多伦多证券交易所股票代码:AAT)(场外粉色股票代码:AATGF)(“空中测试”或“公司”)首席执行官Ted Konyi高兴地宣布,公司现已提交2023年第二季度财务报表和MD&A。

Revenues for the quarter ended June 30, 2023 improved by 7.6% over the comparable quarter in 2022. The improvement in revenue is the first indication of some of the initiatives commenced in the beginning of 2023 by Lorne Stewart, President. In addition, cost cutting measures and an increase in product pricing resulted in a significant reduction in the net loss to $58,437 for the quarter ended June 30, 2023 which was 79.4% lower than the $283,682 operating loss reported for the quarter ended June 30, 2022. The balance sheet showed an improvement as well with a reduction in outstanding liabilities of $454,835 or 7.4%. It is important to note that greater than 80% of the outstanding liabilities are scheduled and bear no interest expense or repayment. Repayment only begins once the Company has three consecutive profitable quarters.

截至2023年6月30日的季度收入比2022年同期增长7.6%。收入的改善是总裁洛恩·斯图尔特于2023年初开始的一些举措的第一个迹象。此外,成本削减措施和产品定价的提高导致截至2023年6月30日的季度的净亏损大幅减少至58,437美元,比截至2022年6月30日的季度报告的283,682美元的运营亏损减少了79.4%。资产负债表亦有所改善,未偿还负债减少454,835元,减幅为7.4%。必须指出的是,80%以上的未偿债务是按计划偿还的,不承担利息、支出或偿还。只有当公司连续三个季度盈利时,才开始还款。

Lorne Stewart, President, commented, "The improvements in the financials are the first indications for the fundamental changes that we have implemented. Those changes include sales efforts being directed towards commercial applications of Demand Control Ventilation with end users. We have many pilots underway and early indications are very positive that they will lead to multilocation implementations. I expect the 3rd quarter to further demonstrate the new direction the company is taking will be financially rewarding."

总裁的洛恩·斯图尔特评论说:“财务状况的改善是我们已经实施的根本性变化的第一个迹象。这些变化包括针对终端用户的需求控制通风的商业应用的销售努力。我们正在进行许多试点,早期迹象非常积极,它们将导致多地点实施。我预计3研发本季度进一步展示公司正在采取的新方向将在财务上获得回报。

About AirTest: AirTest Technologies is a Green-Tech company specializing in Demand Control Ventilation systems that improve commercial building operating efficiency and generate proven energy savings. The Company has developed new wireless sensors with dynamic real-time communication and control technologies, which builds upon ten years of experience and thousands of installations amongst clients such as Lowe's, Shoppers Drug Mart and Ikea. AirTest solutions provide data on levels of Indoor Air Quality required by Schools, Retail Stores and Offices.

关于AirTest:AirTest Technologies是一家绿色科技公司,专门从事需求控制通风系统,这些系统可以提高商业建筑的运营效率,并产生公认的节能效果。该公司开发了具有动态实时通信和控制技术的新型无线传感器,这些传感器建立在Lowe‘s、Shoppers Drug Mart和宜家等客户的十年经验和数千台安装的基础上。空气测试解决方案提供学校、零售店和办公室所需的室内空气质量水平的数据。

For further information, please contact:

如需更多信息,请联系:

Mr. Ted Konyi, CEO

首席执行官Ted Konyi先生

Phone: (604) 225 2209
Fax :(604) 517 3900
Email: ted.konyi@airtest.com
Website:

电话:(604)2252209
传真:(604)5173900
电子邮件:ted.konyi@airest.com
网站:

Legal Notice Regarding Forward-Looking Statements

关于前瞻性陈述的法律通知

This news release contains "forward-looking statements". Forward-looking statements are projections of financial performance or future events. Forward-looking statements can be identified by the use of words such as "expect", "anticipate", "intend", "plan", "believe", "estimate" and words of similar meaning. Forward-looking statements are based on management's current expectations and assumptions and they are subject to risks that may cause actual results to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include those concerning the Company's belief in the energy savings that can be achieved through installation of the Company's products and that these installations lead to reduced maintenance, downtime expenses, future cost savings, and improvements in the bottom line. These statements are subject to risks that may cause the actual results to be materially different in future periods from those expressed or implied by such forward-looking statements. Risks that may prevent or delay the forward-looking statements from coming to fruition as anticipated include the availability of working capital, risks inherent in product development, as well as market factors that may increase costs or time to market. It is our policy not to update forward-looking statements except to the extent required under applicable securities laws. Further information on the Company is available at or at the Company's website, .

本新闻稿包含“前瞻性陈述”。前瞻性陈述是对财务业绩或未来事件的预测。前瞻性陈述可以通过使用“预期”、“预期”、“打算”、“计划”、“相信”、“估计”等词语以及类似含义的词语来识别。前瞻性陈述是基于管理层目前的预期和假设,它们可能会受到风险的影响,这些风险可能会导致实际结果与此类前瞻性陈述明示或暗示的结果大相径庭。本新闻稿中的前瞻性陈述包括有关公司相信通过安装公司的产品可以实现能源节约,以及这些安装可以减少维护、停机费用、未来成本节约和底线改善的陈述。这些陈述存在风险,可能导致未来的实际结果与这些前瞻性陈述明示或暗示的结果大相径庭。可能妨碍或推迟前瞻性陈述按预期实现的风险包括营运资金的可获得性、产品开发的内在风险以及可能增加成本或上市时间的市场因素。我们的政策是,除非适用的证券法要求,否则不更新前瞻性陈述。欲了解更多有关该公司的信息,请访问或访问该公司的网站。

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

多伦多证券交易所风险交易所及其监管服务提供商(该术语在多伦多证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。

To view the source version of this press release, please visit

要查看本新闻稿的源版本,请访问

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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