Acceleware Ltd (TSXV: AXE) Reports Lowered Revenue, Increased G&A Costs in Q3 2020

  • November 30, 2020 06:29 AM EST
  • Team Kalkine

Acceleware Ltd (TSXV: AXE) Reports Lowered Revenue, Increased G&A Costs in Q3 2020

Clean Tech company Acceleware Ltd recorded a revenue of about C$ 0.1 million in the third quarter of 2020, down from C$ 0.2 million Q3 2019. Its total comprehensive loss stood at C$ 0.5 million in Q3 2020, in line with that of Q3 2019.

The company’s general and administrative (G&A) expenses amounted to about C$ 0.4 million in the latest quarter, down C$ 0.2 million year-over-year because of reduced payroll and costs related to consulting.

Canadian Spirit Resources Inc (TSXV:SPI) Posts Increased Comprehensive Loss in Latest Financial Report

Natural resources company Canadian Spirit Resources’ loss and comprehensive loss for the nine months ending 30 September 2020 amounted to C$ 1.6 million.

Its working capital amounted to C$ 0.65 million by the end of September 2020, as against that of C$ 0.58 million as of December 2019-end.

The company had total assets worth C$ 38.1 million as of September-end. Air Canada To Expand Its Cargo Business

Air Canada announced on Friday, November 27, that it is planning to convert many of its retired Boeing 767 aircraft to carry cargo shipment.

The airline had appointed a vice president, Jason Berry, to oversee its freight division.

Air Canada said that its pilots have approved the changes made to their contract which will help its cargo business grow.


The website is a service of Kalkine Media Incorporated (Kalkine Media), Business Number: 720744275BC0001. The principal purpose of the content on the website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK