Medworxx Solutions (TSX-V:MWX, StockForum) opened books on third quarter with annualized contract value of recurring revenue for nine months ending September 30 of $4.75 million, up 8.2% from $4.39 million reported in the matching 2012 period. Nine-month revenue total fell 7.9% to $4.38 million from $4.75 million listed for the same period in 2012.
Destiny Media (TSX-V:DSY, StockForum) filed year-end results with service revenue for the quarter totaling $3.68 million, down from $3.98 million listed in 2012. Income from operations for the year came to $235,879, dropping from $719,678 generated in 2012. Net income for 2013 was listed as $226,014 compared to $563,003 reported in 2012.
IMPACT Silver (TSX-V:IPT, StockForum) released third quarter results with quarterly revenue totaling $3.1 million compared to $3.2 million reported in the matching 2012 quarter. Net working capital for the quarter was $9.9 million, down from $12.7 million recorded in the same 2012 period. There was a quarterly mine operating loss of $0.4 million versus a profit of $0.7 million filed in Q3 2012.
Aroway Energy (TSX-V:ARW, StockForum) revealed Q1 2014 results with $3.18 million in quarterly gross petroleum & gas sales compared to $803,924 reported in Q1 2013. Total assets were listed at $9.66 million, down from $11.07 million listed for the same 2013 period. There was a net income of $319,599 or $0.01 per diluted share, versus a net loss of $257,434 recorded in the matching 2013 quarter.
Pacific Safety Products (TSX-V:PSP, StockForum) filed first quarter results with adjusted EBITDA totaling $0.2 million, compared to a loss of $0.4 million listed in the matching 2013 quarter. Expenses dropped 14% to $0.9 million from $1.0 million in Q1 2013, while gross margin for the quarter was 28.4% versus 20.1% noted in the same 2013 period. There was a net income of $0.2 million compared to a net loss of $0.5 million recorded in Q1 2013.
Suroco Energy (TSX-V:SRN, StockForum) reported third quarter results with quarterly oil & gas revenue coming to $12.87 million, up from $10.21 million listed in the same 2012 quarter. Funds flow from operations for the quarter totaled $3.53 million or $0.03 per share compared to $3.25 million recorded in the matching 2012 quarter. There was an adjusted net income of $930,339 or $0.01 per share, versus $1.30 million listed in Q3 2012.
Sonor Investments (TSX-V:SNI.PR.A, StockForum) put out third quarter results with revenue totaling $174,000 for the quarter compared to $124,000 listed in the matching 2012 quarter. Assets at the time of reporting were $12.1 million in marketable securities, $35.6 million in private investment and $8.7 million in cash and cash equivalents. There was a net income of $17,000 compared to a net loss of $33,000 recorded in Q3 2012.
Sea Dragon Energy (TSX-V:SDX, StockForum) listed third quarter results with oil revenues after royalties climbing 50% to US$16.7 million @ US$105.1/bbl realized price compared to US$11.1 million @ US$105.33/bbl realized price. Cash flow from operations jumped 241% to US$2.3 million from US$1.0 million reported in Q3 2012. There was a net debt for the quarter of $1.9 million.