on PowerBand Solutions Inc. (isin : CA73934B4001)
PowerBand Announces 2023 Annual Financial Results
TORONTO, ON / ACCESSWIRE / June 17, 2024 / PowerBand Solutions Inc. (TSXV:PBX)(OTC Pink:PWWBF)(Frankfurt:1ZVA) has released its Consolidated Financial Statements and Management's Discussion and Analysis report for 2023 and 2022. These documents are available on www.sedarplus.ca.
Revenue for Q4/2023 decreased to $975,711 from $2,054,728 in Q4/2022. The decline is primarily due to servicing lease contracts. The company continues to manage costs strictly.
Cash on hand as of December 31, 2023, was $1,937,182 compared to $10,299,414 on December 31, 2022.
PowerBand will provide shareholders with a corporate update soon.
R. E.
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