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OneMove Technologies Announces Financial Results for Third Quarter of Fiscal 2007
OneMove Technologies Announces Financial Results for Third Quarter of Fiscal 2007.
About this update from Osisko Metals Incorporated
[{"type":"text","content":"\n\n\n\n(TSX.V: OM)\n\n\nVANCOUVER, May 29 /CNW/ - OneMove Technologies Inc., reported financial\nresults for its third quarter ended March 31, 2007.\n\n\nConsolidated revenues for the third quarter increased to $353,841, up\n235% compared to $105,512 for the same period a year ago. Domestic revenues\nincreased to $228,695 from $105,771 for the same period last year, reflecting\ncontinued growth in OneMove's Canadian operations and sales of\neconveyance(TM).\n\n\nOneMove's U.K. business also grew, reporting revenues of $125,145 for the\nthird quarter of 2007 up from $59,791 reported in the second quarter ended\nDecember 31, 2006. (Prior to April 1, 2006, the Company did not consolidate\nthe U.K. operations in its gross revenues.)\n\n\nNet losses for the three month period ended March 31, 2007 were\n$1,280,398 or $(0.06) per diluted share as compared to losses of $2,085,473 or\n$(0.20) per diluted share for the same period a year ago.\n\n\nFor the nine months ended March 31, 2007, consolidated revenues increased\n201% to $811,034 compared to $269,706 for the same period a year ago. Canadian\nrevenues increased to $599,942 and U.K. revenues increased to $211,092. Net\nlosses for the nine months ended March 31, 2007 increased to $4,404,443, or\n$(0.27) per diluted share, compared to $3,457,452, or $(0.34) per diluted\nshare, for the comparable period in 2006.\n\n\nThe table below summaries the results of the period ended March 31, 2007:\n\n\n-------------------------------------------------------------------------\nResults of Operations Three months ended Nine months ended\n March 31, December 31,\n 2007 2006 2007 2006\n-------------------------------------------------------------------------\nCanadian\n revenues $ 228,695 $ 105,771 $ 599,942 $ 269,706\nU.K revenues 125,146 - 211,092 -\n-------------------------------------------------------------------------\nConsolidated\n revenues 353,841 105,771 811,034 269,706\n-------------------------------------------------------------------------\n\nOperating\n losses (1,421,960) (506,904) (4,339,173) (1,702,993)\nNet losses (1,280,398) (2,085,473) (4,404,443) (3,457,452)\nEBITDA (1,180,772) (252,575) (3,347,316) (1,071,161)\nEPS fully\n diluted $ (0.06) $ (0.20) $ (0.27) $ (0.34)\n-------------------------------------------------------------------------\n\nAbout OneMove Technologies. www....