AGORACOM Small Cap TV - September 19th - Highlights
posted on
Sep 19, 2011 09:29AM
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s September 19th, 2011, and we’ve found 3 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.
DHX Media reports full-year results - Revenue up 35%, EBITDA increases 77%
DHX Media Ltd.(TSX: "DHX"),
a leading independent international producer, distributor and licensor of mainly children's entertainment content, is pleased to announce its audited financial results for the year ended June 30, 2011.
Highlights of Fiscal 2011 Results:
--Revenues of $54.7 million, up 35% from $40.5 million in fiscal2010;--Gross Margin increased to $22.3 million (41%), up 36% from$16.4 million in fiscal 2010 (41%);--EBITDA(1) of $7.4 million, an increase of 77% from $4.2 millionfor fiscal 2010; and,--Net income of $1.7 million, $0.03 per share, up from a net lossof $0.8 million, ($0.02) per share, for fiscal 2010.
About DHX Media Ltd.
DHX Media Ltd. is a leading international producer and distributor of television programming and interactive content with an emphasis on children, family and youth markets. DHX Media Ltd. shares trade on AIM and are listed on the TSX, the Toronto Stock Exchange. DHX Media's production companies are the producers or co-producers of 8 original television series and theatrical releases currently commissioned for production and maintain a growing library of over 2,500 half-hours of mostly children and youth-oriented television productions.
Last: 0.85Range: 1.35-0.71Market Cap:52 million
Cantronic Reports Results for Q2 Ended July 31, 2011: Revenue Increased 31.5%, Adjusted EBITDA by 52% and Net Income by 405%
Cantronic Systems Inc., ("Cantronic" or the "Company") (TSX VENTURE: CTS)(PINK SHEETS: CRIXF)
today announced its financial results for the second quarter of fiscal year 2012, ended July 31, 2011. All amounts are reported in Canadian dollars unless otherwise stated. Selected highlights of the quarter and subsequent events:
Financial:
--Revenue of $7.3 million, an increase of 31.5% compared to $5.6 millionfor the corresponding quarter of the previous fiscal year.
--Adjusted EBITDA (a non-GAAP term) of $1.15 million, an increase of 52%compared to $0.76 million for the corresponding quarter of the previousfiscal year. The Company uses adjusted EBITDA (a non-GAAP financialmeasure) internally to make strategic decisions, forecast future resultsand evaluate its performance, defined as net income before interest,income taxes, depreciation, amortization, stock based compensationexpenses, foreign currency loss, and minority interest.
--Gross margin of $2.7 million (37% of revenue) compared to $2.3 million(41% of revenue) for the corresponding quarter of the previous fiscalyear.
--Net Income (after minority interest) was $741K or $0.008 per basic shareand $0.007 per diluted share, an increase of 405% compared to $147K or$0.003 per basic and diluted share in the corresponding quarter of theprevious fiscal year.
About Cantronic Systems Inc.
Cantronic Systems Inc. manufactures, distributes, and provides training and services in the fields of IP- based networked video security surveillance technologies, specializing in networked video management software and video analytics, IP cameras, speed dome cameras, high definition video surveillance cameras and night vision surveillance systems for demanding security and surveillance applications.
Last: 0.15Range: 0.39-0.13Market Cap: 14.6 million
Contacts: Cantronic Systems Inc. James Zahn Chief Executive Officer 604-516-6667 ext 228 jzahn@cantronics.com Cantronic Systems Inc. Lawrence Casse Investor Relations 416-992-7227 invest@cantronics.com www.cantronics.com
NXT Secures US $1.65 Million SFD® Survey Contract in Argentina
NXT Energy Solutions Inc. ("NXT") (TSXV: SFD) (NASDAQ-OTCBB: NSFDF), announces the awarding of a US $1.65 million contract with a new client to conduct an SFD(®) survey in southern Argentina. The survey is intended to allow the client to focus and fast-track their exploration resources on the most prospective areas within a new exploration block.
The client is a large privately owned Argentina business which has diversified interests in construction and energy exploration and production. NXT has commenced project planning, and is scheduled to mobilize and commence flight operations in the fourth quarter of 2011.
NXT also notes that at the recent Latin America Next Generation Oil & Gas ("NGO&G") summit in Cancun, Mexico, NXT was awarded the "Summit Thought and Leadership Excellence" award by the attendees for its innovative SFD(®) survey system.
About
NXT is a Calgary based company whose proprietary airborne Stress Field Detection ("SFD(®)") survey system provides a revolutionary survey method that can be used both onshore and offshore to remotely identify potential hydrocarbon traps and reservoirs. NXT provides its clients an efficient and reliable method to reduce time, costs, and risks related to exploration surveys.
Last Trade: 0.7052 Week: 1.29 – 0.23Market Cap: 23.82 Million