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Solution Financial Inc. reported earnings results for the first quarter ended January 31, 2024. For the first quarter, the company reported sales was CAD 3 million compared to CAD 5.01 million a year ago. Revenue was CAD 3.09 million compared to CAD 5.11 million a year ago. Net income was CAD 0.021171 million compared to net loss of CAD 0.328781 million a year ago.
Period Ending: | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 |
---|---|---|---|---|
Total Revenue | 3.09 | 3.73 | 3.08 | 3.46 |
Gross Profit | 1.15 | 1.37 | 1.47 | 1.4 |
Operating Income | 0.243 | 0.079 | 0.416 | 0.295 |
Net Income | 0.021 | 0.209 | 0.149 | 0.038 |
Period Ending: | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 |
---|---|---|---|---|
Total Assets | 27.78 | 29.61 | 28.26 | 28.57 |
Total Liabilities | 15.05 | 16.81 | 15.53 | 15.81 |
Total Equity | 12.73 | 12.8 | 12.73 | 12.76 |
Period Ending: | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -0.506 | -2.81 | 0.084 | -0.937 |
Cash From Investing Activities | 1.43 | 2.1 | 0.484 | 1.16 |
Cash From Financing Activities | -1.56 | 2.76 | -1.14 | 0.744 |
Net Change in Cash | -0.644 | 2.04 | -0.572 | 0.969 |
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