See more : Big Tree Group, Inc. (BIGG) Income Statement Analysis – Financial Results
Complete financial analysis of Acceleware Ltd. (ACWRF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Acceleware Ltd., a leading company in the Software – Application industry within the Technology sector.
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Acceleware Ltd. (ACWRF)
About Acceleware Ltd.
Acceleware Ltd. operates as an oil and gas technology company in Canada and the United States. The company operates through two segments, RF Heating and High-Performance Computing. It develops an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating; and develops and markets computational software products for the oil and gas, and other markets. The company's solutions include AxFDTD, an electromagnetic modeling software to measure RF energy absorption; AxHeat RF heating simulation software; AxRTM, a graphics processing unit accelerated Kirchhoff time migration solution; AxWAVE, a solution that allows customers to model seismic acquisition and perform data characterization; AxFWI, a revolutionary modular full waveform inversion application for providing subsurface velocity models. It also sells computing software and related consulting services, and training programs primarily to the oil and gas industry. The company was founded in 2004 and is headquartered in Calgary, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 279.01K | 328.29K | 752.77K | 899.28K | 1.45M | 4.32M | 1.32M | 1.40M | 2.82M | 2.66M | 3.07M | 2.91M | 2.76M | 2.48M | 3.60M | 3.80M | 2.63M | 1.05M | 13.18K |
| Cost of Revenue | 0.00 | 18.75K | 41.53K | 0.00 | 2.85K | 67.67K | 220.15K | 624.17K | 539.74K | 334.66K | 647.11K | 716.61K | 544.11K | 458.63K | 1.03M | 3.04M | 1.38M | 519.55K | 0.00 |
| Gross Profit | 279.01K | 309.55K | 711.24K | 899.28K | 1.45M | 4.25M | 1.10M | 771.00K | 2.28M | 2.32M | 2.42M | 2.19M | 2.22M | 2.03M | 2.57M | 755.98K | 1.25M | 532.75K | 13.18K |
| Gross Profit Ratio | 100.00% | 94.29% | 94.48% | 100.00% | 99.80% | 98.43% | 83.32% | 55.26% | 80.84% | 87.40% | 78.90% | 75.38% | 80.30% | 81.54% | 71.46% | 19.91% | 47.44% | 50.63% | 100.00% |
| Research & Development | 2.87M | 3.45M | 2.98M | 958.87K | 687.52K | 2.02M | 1.78M | 1.25M | 1.28M | 1.19M | 1.40M | 1.23M | 1.37M | 1.01M | 1.18M | 3.64M | 1.97M | 690.96K | 0.00 |
| General & Administrative | 1.80M | 1.84M | 1.51M | 1.88M | 2.00M | 2.19M | 1.75M | 1.32M | 1.15M | 1.08M | 1.31M | 1.34M | 1.03M | 1.61M | 2.46M | 6.49M | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 174.10K | 203.04K | 235.75K | 116.34K | 167.61K | 154.09K | 162.25K | 134.27K | 115.78K | 169.33K | 143.02K | 91.17K | 79.66K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.97M | 2.04M | 1.75M | 1.99M | 2.17M | 2.34M | 1.91M | 1.45M | 1.27M | 1.25M | 1.45M | 1.44M | 1.11M | 1.61M | 2.46M | 6.49M | 5.37M | 2.04M | 136.19K |
| Other Expenses | -2.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 2.25M | 5.52M | 4.76M | 3.02M | 2.96M | 4.41M | 3.72M | 2.73M | 2.58M | 2.48M | 2.91M | 2.72M | 2.68M | 2.76M | 3.68M | 10.37M | 7.55M | 2.80M | 136.19K |
| Cost & Expenses | 2.25M | 5.54M | 4.80M | 3.02M | 2.96M | 4.48M | 3.94M | 3.36M | 3.12M | 2.82M | 3.55M | 3.44M | 3.23M | 3.22M | 4.71M | 13.41M | 8.94M | 3.32M | 136.19K |
| Interest Income | 0.00 | 0.00 | 332.00 | 15.95K | 63.22K | 730.00 | 584.00 | 2.47K | 440.00 | 521.00 | 0.00 | 0.00 | 81.00 | 204.00 | 35.66K | 185.80K | 231.40K | 0.00 | 13.18K |
| Interest Expense | 599.38K | 341.66K | 9.49K | 6.92K | 12.09K | 10.32K | 153.08K | 13.26K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 37.80K | 70.80K | 51.59K | 133.49K | 200.35K | 95.59K | 76.03K | 62.57K | 82.97K | 88.21K | 72.88K | 106.18K | 224.77K | 309.09K | 237.69K | 483.04K | 299.79K | 73.11K | -246.02K |
| EBITDA | -1.41M | -5.14M | -4.02M | -1.97M | -1.35M | -63.63K | -2.55M | -1.93M | -226.72K | -139.26K | -418.99K | -419.30K | -234.76K | -398.89K | -869.70K | -9.74M | -6.00M | -2.19M | -123.01K |
| EBITDA Ratio | -504.71% | -1,566.59% | -530.58% | -219.00% | -85.60% | -1.47% | -193.01% | -132.46% | -11.09% | -2.70% | -15.29% | -15.84% | -8.69% | -17.30% | -24.17% | -216.99% | -228.15% | -208.56% | -933.38% |
| Operating Income | -1.97M | -5.21M | -4.05M | -2.12M | -1.51M | -164.19K | -2.62M | 1.96M | 219.71K | 159.42K | 486.34K | 525.48K | -464.94K | -738.99K | -1.11M | -8.72M | 6.30M | 2.27M | 123.01K |
| Operating Income Ratio | -705.90% | -1,588.16% | -537.48% | -235.62% | -103.73% | -3.80% | -198.77% | 140.60% | 7.80% | 6.00% | 15.86% | 18.05% | -16.83% | -29.74% | -30.77% | -229.71% | 239.54% | 215.50% | 933.38% |
| Total Other Income/Expenses | -75.84K | 71.64K | -33.62K | 19.24K | -50.72K | 65.56K | -125.89K | -61.70K | 88.23K | 521.00 | 55.35K | -1.01M | -5.41K | 0.00 | 0.00 | 614.83K | -6.30M | -2.27M | -123.01K |
| Income Before Tax | -2.05M | -5.14M | -4.08M | -2.10M | -1.56M | -98.62K | -2.75M | -2.01M | -219.27K | -158.90K | -430.99K | -483.82K | -464.94K | 0.00 | 0.00 | -9.61M | 5.87M | 0.00 | 0.00 |
| Income Before Tax Ratio | -733.08% | -1,566.33% | -541.94% | -233.48% | -107.21% | -2.28% | -208.30% | -144.07% | -7.78% | -5.98% | -14.06% | -16.62% | -16.83% | 0.00% | 0.00% | -253.05% | 223.07% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 341.66K | 9.49K | 6.92K | 12.09K | 10.32K | 153.08K | 48.45K | -88.23K | -521.00 | -55.35K | -41.67K | -917.20K | 0.00 | 0.00 | 886.27K | 0.00 | 0.00 | 246.02K |
| Net Income | -2.05M | -5.14M | -4.08M | -2.10M | -1.56M | -98.62K | -2.75M | -2.01M | -219.27K | -158.90K | -430.99K | -483.82K | 452.26K | -738.99K | -1.11M | -10.50M | -6.74M | -2.27M | -123.01K |
| Net Income Ratio | -733.08% | -1,566.33% | -541.94% | -233.48% | -107.21% | -2.28% | -208.30% | -144.07% | -7.78% | -5.98% | -14.06% | -16.62% | 16.37% | -29.74% | -30.77% | -276.39% | -256.01% | -215.50% | -933.38% |
| EPS | -0.02 | -0.05 | -0.04 | -0.02 | -0.01 | 0.00 | -0.03 | -0.03 | 0.00 | 0.00 | -0.01 | -0.01 | 0.01 | -0.01 | -0.02 | -0.25 | -0.20 | -0.13 | -0.02 |
| EPS Diluted | -0.02 | -0.05 | -0.04 | -0.02 | -0.01 | 0.00 | -0.03 | -0.03 | 0.00 | 0.00 | -0.01 | -0.01 | 0.01 | -0.01 | -0.02 | -0.25 | -0.20 | -0.13 | -0.02 |
| Weighted Avg Shares Out | 116.86M | 109.28M | 106.63M | 105.49M | 104.46M | 102.79M | 96.63M | 70.61M | 66.19M | 59.85M | 55.95M | 55.95M | 54.28M | 54.14M | 51.37M | 42.00M | 34.50M | 17.26M | 5.71M |
| Weighted Avg Shares Out (Dil) | 116.86M | 109.28M | 106.63M | 105.49M | 104.46M | 102.79M | 96.63M | 70.61M | 66.19M | 59.85M | 55.95M | 55.95M | 54.28M | 54.14M | 51.37M | 42.00M | 34.50M | 17.26M | 5.71M |
Acceleware Announces Option Grant
CALGARY, Alberta, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Acceleware® Ltd. (“Acceleware” or the “Corporation”) (TSX-V: AXE), as of February 8, 2024, has granted stock options to acquire up to 2,399,000 common shares of the Corporation to certain of its employees,...
Acceleware Ltd. Reports Third Quarter 2023 Financial and Operating Results
CALGARY, Alberta, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial heating, today announced its financial and operating results for nine months ended September...
Acceleware Awarded $3 Million in Non-Dilutive Funding from The Clean Resource Innovation Network
CALGARY, Alberta, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Acceleware Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial heating, is pleased to announce an agreement for $3 million in non-dilutive grant...
Acceleware Ltd. Announces Closing of Non-Brokered Private Placement
CALGARY, Alberta, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Acceleware Ltd. (TSXV:AXE) (“Acceleware” or the “Corporation”) announces that, on August 21, 2023, the Corporation closed the non-brokered private placement of units (the “Units”) that it previously announced on June 6, 2023...
Acceleware Ltd. Reports Second Quarter 2023 Financial and Operating Results
CALGARY, Alberta, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial heating, today announced its financial and operating results for six months ended June...
Source: https://incomestatements.info
Category: Stock Reports