Business
BEACN Announces Results for the quarter ended September 30, 2022
(TheNewswire) Vancouver, BC, TheNewswire, November 30, 2022 - BEACN Wizardry & ...
About this update from Beacn Wizardry & Magic Inc
[{"type":"text","content":"BEACN Announces Results for the quarter ended September 30, 2022 \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC,\n \n \n TheNewswire,\n \n \n November 30, 2022 - BEACN Wizardry &\nMagic Inc. (“BEACN” or the “Company”) (TSX-V: BECN)\n \n \n is pleased to report that sales of the BEACN\nMic, Mix and Mix-Create for the nine months ended September 30, 2022,\nresulted in revenue of $3,534,994 (2021 $nil) gross profit of\n$1,498,681 (42.4%) (2021 $nil) and net income of $240,156 (2021 loss\nof $660,320). Further information is available from the Company’s\ninterim financial statements for the period ended September 30, 2022\navailable under the Company’s profile on SEDAR at\nwww.sedar.com.\n \n \n \n \n Gross profit for the quarter ending September 30, 2022\nwas $315,214 (43.4%) compared gross profit of $532,307 (45.9%) for the\nprior quarter ending June 30, 2022 and gross profit of $651,160\n(39.5%) for the quarter ending March 31, 2022. By controlling costs,\nthe Company has achieved and maintained an improved gross profit.\n \n \n \n \n For the balance of the fiscal year, the Company plans\nto focus on expanding sales efforts and brand awareness, minimizing\ncosts, and continuing to enhance the Company’s product suite.\n \n \n \n \n About BEACN\n \n \n \n \n BEACN\n \n \n builds world-class studio\nequipment for everyone. Its team of technology enthusiasts designs and\nmanufactures products to help you make better content.\n \n \n \n \n BEACN\n \n \n products are just that --\n \n \n BEACN\n \n \n products. The\nCompany does not white label anyone else's stuff, and it does not let\nanyone white label its own. The Company guarantees that you are using\nsomething created specifically by it, just for you.\n \n \n \n \n BEACN is listed on the TSX Venture Exchange under the\nsymbol “BECN”.\n \n \n \n \n For further information,\ncontact:\n \n \n \n \n Sandrine Lam, Shareholder Communications\n \n \n \n \n Tel: (604) 687-3520\n \n \n \n \n To learn more visit:\n \n \n \n www.ir.BEACN.com\n \n \n \n \n \n Neither the TSX Venture Exchange nor its regulation\nservices provider (as that term is defined in the policies of the TSX\nVenture Exchange) accepts responsibility for the adequacy or...