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 .
多倫多,於/ACCESSWIRE/2023年5月1日/Powerband Solutions(多倫多證券交易所股票代碼:PBX)(OTCQB:PWWBF)(法蘭克福:1ZVA)(“電力帶“”PBX“或“公司“),一家將在線體驗轉變為租賃和融資車輛的綜合電子商務解決方案,宣佈已提交截至2022年12月31日和2021年12月31日的年度綜合財務報表和管理層討論和分析報告。這些檔案可在公司簡介下查看,網址為:。
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年第四季度的收入為8,148,893美元。與2021年第四季度相比,2022年第四季度調整後的EBITDA虧損增加了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財年的收入為12,761,228美元,而2021財年的收入為23,936,988美元,下降了47%。2022財年調整後的EBITDA虧損為9,331,521美元,而2021財年調整後的EBITDA虧損為5,838,786美元,增長了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,手頭現金為10,299,414美元,而截至2021年12月31日,手頭現金為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,該公司發佈了一份新聞稿,並向股東提供了其新的和二手汽車租賃平臺Drivrz Financial,LLC的公司和運營最新情況。該公司繼續與其融資夥伴合作,重新啟動租賃的發起,並將在有最新情況時提供最新情況。該公司還在尋求為Drivrz Financial,LLC爭取更多的資金額度。
About PowerBand Solutions, Inc.
關於Powerband解決方案公司
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.
在多倫多證券交易所創業板和場外交易市場上市的Power Band Solutions Inc.是一家顛覆汽車行業的金融科技供應商。Powerband的集成、基於雲的交易平臺為消費者、經銷商和資助者之間的交易提供便利。Powerband的交易平臺-註冊商標為DRIVRZ-正在美利堅合眾國各地提供。
For further information, please contact:
如需更多資訊,請聯繫:
Darrin Swenson
Chief Executive Officer and Director
E: Darrin.swenson@powerbandsolutions.com
P: 1-866-768-7653
達林·斯文森
董事首席執行官兼首席執行官
電子郵件:Darrin.swenson@Powerband soltions.com
電話: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及其監管服務提供商(該術語在TSXV的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
Non-IFRS Measures:
非國際財務報告準則衡量標準:
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.
本新聞稿包含非國際財務報告準則的財務措施;公司認為這些措施措施為投資者提供關於金融市場的有用補充資訊其業務業績,使財務結果能夠在以下期間進行比較某些專案可能獨立於業務表現而變化,並允許更高的透明度關於管理層在經營業務時使用的關鍵指標。雖然管理層我相信這些財務指標在評估公司業績時很重要,並不打算孤立地考慮,也不打算作為財務指標的替代或優於財務指標根據“國際財務報告準則”編制和列報的資訊。這些非《國際財務報告準則》財務衡量標準沒有任何標準化意義,可能無法與類似的其他公司使用的措施。對於某些非《國際財務報告準則》的財務措施,沒有國際財務報告準則下的直接可比金額。這些非《國際財務報告準則》的財務措施不應被視為根據以下規定確定的財務業績指標的替代方案 國際財務報告準則。此外,還提供了其中某些措施的按年列報。比較的目的,投資者應該注意,調整對其的影響本規定對本公司的經營業績有實際影響。
FORWARD-LOOKING STATEMENTS
前瞻性陳述
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.
本新聞稿包含與該公司有關的前瞻性陳述和其他非歷史事實的陳述。前瞻性陳述通常使用諸如“將”、“可能”、“應該”、“預期”、“預期”、“相信”等術語以及類似的表述。除有關歷史事實的陳述外,本新聞稿中包含的所有陳述,包括但不限於有關公司未來的計劃和目標、預期的經營收益和結果、通過向DrivrzFinancial平臺分配增長資本和資源而給股東帶來的預期回報、成本節約舉措的預期結果、與金融機構的租賃回購的解決方案、通過遠期流量購買和安全協定重新啟動租賃發起以及Powerband為DrivrzFinancial獲得額外資金額度的能力,均為前瞻性陳述,涉及風險和不確定因素。不能保證這些陳述將被證明是準確的,實際結果和未來事件可能與這些陳述中預期的大不相同。
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.
提醒讀者,在準備任何前瞻性資訊時使用的假設可能被證明是不正確的。由於許多已知和未知的風險、不確定性和其他因素,其中許多是公司無法控制的,事件或情況可能會導致實際結果與預測的結果大不相同。因此,我們不能保證任何前瞻性陳述都會成為現實,並告誡讀者不要過度依賴任何前瞻性資訊。這些資訊雖然在準備時被管理層認為是合理的,但可能被證明是不正確的,實際結果可能與預期的大不相同。
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.
本新聞稿中包含的前瞻性陳述明確地受到本警示性聲明的限制。本新聞稿中包含的前瞻性陳述是在本新聞稿發佈之日作出的,除非加拿大證券法明確要求,否則公司不承擔公開更新或修改任何包含的前瞻性陳述的義務,無論是由於新資訊、未來事件還是其他原因。
SOURCE: PowerBand Solutions Inc.
資料來源:Powerband Solutions Inc.