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For the nine months ended 30 September 2021, CordyOilfield Services Inc. revenues increased 59% to C$20.4M.Net income totaled C$1.6M vs. loss of C$31K. Revenuesreflect an increase in demand for the Company's productsand services due to favorable market conditions. Net Incomereflects General and administrative expenses decrease of49% to C$681K (expense), COVID-19 One-time Government Granincrease of 11% to C$1M (income).
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Total Revenue | 7.81 | 6.11 | 6.5 | 5.73 |
Gross Profit | 2.52 | 1.7 | 0.83 | 0.97 |
Operating Income | 1.3 | 0.96 | 0.16 | 0.34 |
Net Income | 1.15 | 0.63 | -0.16 | 0.1 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Total Assets | 20.3 | 20.46 | 18.47 | 17.56 |
Total Liabilities | 20.35 | 21.65 | 20.29 | 19.23 |
Total Equity | -0.05 | -1.19 | -1.82 | -1.67 |
Period Ending: | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | 3.22 | 1.82 | 1.22 | 1.66 |
Cash From Investing Activities | 0.07 | -0.01 | 0 | 0.8 |
Cash From Financing Activities | -2.9 | -1.76 | -0.68 | -2.86 |
Net Change in Cash | 0.4 | 0.05 | 0.54 | -0.4 |
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