Armada Releases Annual Results
Armada Releases Annual Results
MISSISSAUGA, ON / ACCESSWIRE / September 27, 2023 / Armada Data Corporation (TSXV:ARD) reports that its annual financial results for the year ended May 31, 2023 have now been filed on SEDAR and are available to view on SEDAR at and the company's web site .
密西索加,on/ACCESSWIRE/2023年9月27日/ ARMADA數據公司(多倫多證券交易所股票代碼:ARD)截至2023年5月31日的年度財務業績報告現已在SEDAR上提交,並可在SEDAR和公司網站上查看。
Selected Annual Information
精選年度資訊
Fiscal Year Ended |
May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | ||||||||||||
Total Revenue |
$ | 2,165,029 | $ | 2,526,076 | $ | 3,149,528 | $ | 3,280,998 | ||||||||
(Loss) Income before taxes |
$ | (349,555 | ) | $ | (408,059 | ) | $ | 22,309 | $ | 102,926 | ||||||
Income Tax (Recovery) |
NIL | $ | (73,361 | ) | $ | 5,883 | $ | 52,801 | ||||||||
Comprehensive (Loss) Income after Taxes |
$ | (349,555 | ) | $ | (334,698 | ) | $ | 16,426 | $ | 50,125 | ||||||
Comprehensive (Loss) Income per share |
$ | (0.02 | ) | $ | (0.02 | ) | $ | 0.00 | $ | 0.00 | ||||||
Total Assets |
$ | 545,757 | $ | 854,728 | $ | 1,466,452 | $ | 1,568,978 | ||||||||
Total Liabilities |
$ | 443,338 | $ | 402,754 | $ | 679,780 | $ | 622,030 | ||||||||
Shareholder's Equity, net of Non-controlling interests |
$ | 102,419 | $ | 451,974 | $ | 786,672 | $ | 946,948 | ||||||||
Dividends |
NIL | NIL | 176,702 | NIL |
財政年度結束 |
2023年5月31日 | 2022年5月31日 | 2021年5月31日 | 2020年5月31日 | ||||||||||||
總收入 |
$ | 2,165,029 | $ | 2526,076 | $ | 3,149,528 | $ | 3,280,998 | ||||||||
(虧損)稅前收益 |
$ | (349,555 | ) | $ | (408,059 | ) | $ | 22,309 | $ | 102,926 | ||||||
所得稅(追討稅款) |
無 | $ | (73,361) | ) | $ | 5883 | $ | 52,801 | ||||||||
綜合(虧損)稅後收益 |
$ | (349,555 | ) | $ | (334,698 | ) | $ | 16,426 | $ | 50,125 | ||||||
每股綜合(虧損)收益 |
$ | (0.02 | ) | $ | (0.02 | ) | $ | 0.00 | $ | 0.00 | ||||||
總資產 |
$ | 545,757 | $ | 854,728 | $ | 1466,452 | $ | 1568,978 | ||||||||
總負債 |
$ | 443,338 | $ | 402,754 | $ | 679,780 | $ | 622,030 | ||||||||
扣除非控股權益後的股東權益 |
$ | 102,419 | $ | 451,974 | $ | 786,672 | $ | 946,948 | ||||||||
分紅 |
無 | 無 | 176,702 | 無 |
The Company's total revenue decreased by 14% in 2023 to $2,165,029 from $2,526,076 in 2022.
該公司的總收入從2022年的2,526,076美元下降到2023年的2,165,029美元,降幅為14%。
The Company reported comprehensive loss of $(349,555), due to the following:
該公司報告的綜合虧損為349,555美元,原因如下:
- During 2022 and 2023, the supply of new vehicles for sale at automobile dealerships in Canada continued to be constrained. The ongoing lack of supply affected buyer interest and activity. The impact of lower-than-usual inventory was pricing at or above full retail list price (MSRP). Many consumers chose to withdraw from the market, which resulted in overall traffic and new user activity on CarCostCanada.com declining during these periods. The effect was a reduced number of members referred to CarCostCanada partner dealerships. The lower traffic levels also impaired third-party advertising revenue.
- The insurance division did not enjoy the growth that management anticipated. The lower number of claims processed was lower than predicted. The unprecedented number of remote workers in Canada impacted the amount of driving done by Canadians. In addition, the ongoing vehicle inventory shortage resulted in fewer new vehicles sold and by extension insured. Natural disasters and weather events play a large part in the number of automobile claims, the lower incidence of these in fiscal 2023 meant there were fewer claims received as a result.
- 在2022年至2023年期間,加拿大汽車經銷商銷售的新車供應繼續受到限制。持續的供應不足影響了買家的興趣和活動。庫存低於正常水準的影響是定價等於或高於完整零售標價(MSRP)。許多消費者選擇退出市場,這導致在這段時間裡,carcocanada.com上的總體流量和新用戶活躍度下降。其結果是,向CarCostCanada合作經銷商推薦的成員數量減少。較低的流量水準也削弱了第三方廣告收入。
- 保險部門沒有享受到管理層預期的增長。處理的索賠數量低於預期。加拿大史無前例的遠端工作人員數量影響了加拿大人的駕車量。此外,持續的車輛庫存短缺導致新車銷量減少,進而投保。自然災害和天氣事件在汽車索賠數量中發揮了很大作用,2023財年這些事件的發生率較低,這意味著收到的索賠較少。
Selected Quarterly Information
精選季度資訊
Fiscal Year | 2023 |
2023 |
2023 |
2023 |
2022 |
2022 |
2022 |
2022 |
Quarter Ended |
May-31 |
Feb-28 |
Nov-30 |
Aug-31 |
May-31 |
Feb-28 |
Nov-30 |
Aug-31 |
Total Revenue | 511,930 |
543,888 |
539,093 |
570,118 |
590,694 |
613,817 |
657,060 |
664,505 |
Comprehensive (Loss) Income before taxes |
(188,291) |
(40,372) |
(111,399) |
(9,493) |
(314,790) |
(67,098) |
(30,936) |
4,765 |
Comprehensive Income per share | $(0.01) |
$0.00 |
$(0.01) |
$0.00 |
$(0.02) |
$0.00 |
$0.00 |
$0.00 |
財政年度 | 2023年年 |
2023年年 |
2023年年 |
2023年年 |
2022 |
2022 |
2022 |
2022 |
季度 告一段落 |
5月31日至31日 |
2月-28日 |
11月30日 |
8月31日至31日 |
5月31日至31日 |
2月-28日 |
11月30日 |
8月31日至31日 |
總收入 | 511,930 |
543,888 |
539,093 |
570,118 |
590,694 |
613,817 |
657,060 |
664,505 |
全面 (虧損)稅前收益 |
(188,291) |
(40,372) |
(111,399) |
(9493) |
(314,790) |
(67,098) |
(30936) |
4765 |
每股綜合收益 | $(0.01) |
$0.00 |
$(0.01) |
$0.00 |
$(0.02) |
$0.00 |
$0.00 |
$0.00 |
Segmented Annual Information
分段的年度資訊
Revenues earned by divisions were as follows:
各部門的收入如下:
2023 | 2022 | |||||||
Insurance Services |
$ | 1,446,183 | $ | 1,527,027 | ||||
CarCostCanada |
461,027 | 734,630 | ||||||
IT Services |
257,819 | 264,419 | ||||||
Total Revenue |
$ | 2,165,029 | $ | 2,526,076 |
2023年年 | 2022 | |||||||
保險服務 |
$ | 1,446,183 | $ | 1527,027 | ||||
CarCostCanada |
461,027 | 734,630 | ||||||
IT服務 |
257,819 | 264,419 | ||||||
總收入 |
$ | 2,165,029 | $ | 2526,076 |
Liquidity
流動性
Based on a year-end cash position of $42,675, accounts receivable of $309,363, and accounts payable of $243,335, the company is in a positive cash position. By continuing to manage expenses efficiently during the aftermath of the global Covid-19 pandemic, management expects that the Company's positive cash position will continue through fiscal 2024, and through the new car automobile industry's recovery from the pandemic.
根據年終現金狀況42 675美元、應收賬款309 363美元和應付賬款243 335美元,該公司的現金狀況為正。通過在全球新冠肺炎疫情期間繼續有效地管理開支,管理層預計公司積極的現金狀況將持續到2024財年,並通過新車汽車業從疫情中復甦。
On September 28, 2022, the Company has entered into a loan agreement with a corporation controlled by a director and officer of the Company. The loan is available to a maximum of $200,000, to be advanced in amounts and at times requested by the Company, bears interest at 12% per annum, payable monthly. This loan is repayable on September 28, 2025 and is secured by a general security agreement over all assets of the Company. An amount of $72,000 has been advanced up to May 31, 2023. Any loan amounts repaid prior to the maturity date are not available for re-advance.
2022年9月28日,本公司與一家由董事和本公司高管控制的公司簽訂了貸款協定。這筆貸款最高可達200,000美元,可按公司要求預支金額和時間,按年利率12%計息,每月支付。這筆貸款將於2025年9月28日償還,並以公司所有資產的一般擔保協定作為擔保。72,000美元的款項已預付至2023年5月31日。在到期日之前償還的任何貸款金額都不能再預支。
Outlook
展望
The Company's goals are to continue to increase top line sales and revenues from all divisions, establish a bigger presence on social media platforms and find new and unique ways to leverage client bases from our three divisions. Methods of achieving these goals include:
該公司的目標是繼續增加所有部門的營收和銷售額,在社交媒體平臺上建立更大的影響力,並找到新的獨特方式來利用我們三個部門的客戶基礎。實現這些目標的方法包括:
- Building out a better and more effective online new car pricing platform to drive more new car buyers, enthusiasts, and researchers into the CarCostCanada membership group.
- Finding more products and services to monetize more CarCostCanada members, similar to our lead generation services and our member concierge and dealer pricing services.
- Improve our customer engagement mandate to result in more online visitors becoming CarCostCanada members.
- Maintain, sustain, and reactivate our COVID-suspended CarCostCanada new car dealership network and strive to monetize a larger percentage of our members, despite the new vehicle inventory shortage.
- Maintain and improve the Company's relationships with some of the largest insurance companies in Canada and continue to grow the number of insurance companies using the proprietary claims processing services pioneered by Armada Insurance Services.
- To carry on and expand the expense reduction program started in fiscal 2023
- 打造一個更好、更有效的在線新車定價平臺,以推動更多的新車買家、愛好者和研究人員加入CarCostCanada會員組。
- 尋找更多的產品和服務來使更多的CarCostCanada會員貨幣化,類似於我們的領先一代服務以及我們的會員禮賓和經銷商定價服務。
- 改進我們的客戶參與任務,使更多的在線訪問者成為CarCostCanada的成員。
- 維護、維持和重新啟動我們被COVID暫停的CarCostCanada新汽車經銷網路,並努力將更大比例的會員貨幣化,儘管新的車輛庫存短缺。
- 保持和改善公司與加拿大一些最大的保險公司的關係,並繼續增加使用Armada保險服務公司首創的專有索賠處理服務的保險公司的數量。
- 繼續實施和擴大2023財年開始的減支計劃
About Armada Data Corp.
關於ARMADA數據公司
Armada Data is a Canadian publicly traded Information & Marketing Services Company providing accurate and real-time data to institutional and retail customers, through developing, owning and operating automotive pricing-related web sites and providing information technology and marketing services to its clients.
ARMADA DATA是一家加拿大上市的資訊和營銷服務公司,通過開發、擁有和運營與汽車定價相關的網站,並為其客戶提供資訊技術和營銷服務,為機構和零售客戶提供準確和即時的數據。
Armada Data shares are listed on the TSX Venture exchange under the trading Symbol ARD. Armada currently has a total of 17,670,265 shares outstanding.
ARMADA DATA股票在多倫多證券交易所創業板上市,交易代碼為ARD。Armada目前共有17,670,265股流通股。
Additional information relating to Armada Data Corporation is filed on SEDAR, and can be viewed at .
有關ARMADA數據公司的更多資訊已在SEDAR上提交,可在以下網址查看。
For further information, please contact:
Armada Data Corporation
Mr. R. James Matthews, President & CEO
Email: investors@armadadatacorp.ca
如需更多資訊,請聯繫:
ARMADA數據公司
馬修斯先生,總裁先生兼首席執行官
電子郵件:Investors@armadadatacorp.ca
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.
多倫多證券交易所風險交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
SOURCE: Armada Data Corporation
資料來源:ARMADA數據公司