See more : The Law Debenture Corporation p.l.c. (LWDB.L) Income Statement Analysis – Financial Results
Complete financial analysis of PowerBand Solutions Inc. (PWWBF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of PowerBand Solutions Inc., a leading company in the Software – Application industry within the Technology sector.
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PowerBand Solutions Inc. (PWWBF)
About PowerBand Solutions Inc.
PowerBand Solutions Inc., a technology company, develops, markets, and sells online trading platform, standardized appraisal system, market intelligence report, and finance portal for the automotive industry in Canada. The company provides LiveNet, a real-time, targeted, and mobile online auction platform; and Marketplace, an online auction, which allows dealers, and rental and leasing companies to post used vehicles for sale to qualified wholesale buyers. It also offers Standardized Appraisal System, an electronic used vehicle appraisal system; DrivrzXchange, an inclusive multi-sided marketplace that allows buyers and sellers to list and/or find vehicles; DrivrzFinancial Loan-LeasePortala, a multi-lender loan-lease platform; and a finance portal. In addition, the company provides IntellaCar, a sales solution for dealership salespeople with tools and techniques needed to close the sale for both new and used vehicles; and DRIVRZLane, a digital retailing solution that enables customers to purchase vehicles online. PowerBand Solutions Inc. is headquartered in Burlington, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.87M | 12.76M | 23.94M | 3.03M | 2.00M | 282.00K | 171.33K | 112.81K | 129.19K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 1.40M | 6.12M | 12.30M | 1.76M | 1.91M | 0.00 | 762.63K | 271.65K | 985.78K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.47M | 6.64M | 11.64M | 1.27M | 86.46K | 282.00K | -591.30K | -158.83K | -856.59K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 51.22% | 52.06% | 48.63% | 41.82% | 4.33% | 100.00% | -345.13% | -140.79% | -663.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 1.71M | 0.00 | 1.30M | 1.83M | 0.00 | 260.14K | 121.47K | 982.14K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 9.08M | 19.83M | 18.07M | 11.45M | 5.65M | 4.48M | 1.88M | 574.64K | 64.69K | 49.67K | 99.58K | 16.02K | 38.69K | 68.01K |
| Selling & Marketing | 222.93K | 1.81M | 2.19M | 281.34K | 433.61K | 1.18M | 41.94K | 30.18K | 339.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 9.31M | 21.64M | 20.26M | 11.73M | 6.09M | 5.67M | 1.92M | 51.25K | 64.69K | 49.67K | 99.58K | 16.02K | 38.69K | 68.01K |
| Other Expenses | 2.83M | 0.00 | 0.00 | 0.00 | -68.00K | -209.47K | -207.17K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 12.14M | 23.49M | 23.34M | 13.62M | 7.00M | 6.05M | 2.46M | 51.25K | 64.69K | 49.67K | 99.58K | 16.02K | 38.69K | 68.01K |
| Cost & Expenses | 13.53M | 29.61M | 35.64M | 15.38M | 8.91M | 6.05M | 2.46M | 51.25K | 64.69K | 49.67K | 99.58K | 16.02K | 38.69K | 68.01K |
| Interest Income | 0.00 | 500.99K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 474.35K | 1.11M | 825.10K | 1.07M | 1.05M | 273.14K | 299.47K | 0.00 | 0.00 | 0.00 | 0.00 | 3.98K | 0.00 | 0.00 |
| Depreciation & Amortization | 913.02K | 1.16M | 1.58M | 1.51M | 916.78K | 376.86K | 278.50K | 231.92K | 1.33M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -20.39M | -15.00M | -10.19M | -10.58M | -6.35M | -5.41M | -2.01M | -818.70K | 0.00 | -49.67K | -99.58K | -16.02K | -38.69K | -68.01K |
| EBITDA Ratio | -710.99% | -117.52% | -42.57% | -357.92% | -302.31% | -1,917.41% | -1,174.92% | -45.43% | -50.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -10.67M | -18.05M | -12.67M | -13.06M | -6.98M | -5.78M | -2.29M | -51.25K | -64.69K | -49.67K | -99.58K | -16.02K | -38.69K | -68.01K |
| Operating Income Ratio | -372.02% | -141.45% | -52.91% | -431.29% | -349.42% | -2,051.05% | -1,337.48% | -45.43% | -50.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -11.11M | -7.67M | -3.74M | -108.16K | -1.09M | -811.46K | -229.59K | -116.17K | 978.42K | 0.00 | 0.00 | -3.98K | 0.00 | 0.00 |
| Income Before Tax | -21.77M | -30.66M | -16.19M | -13.17M | -8.34M | -6.58M | -2.50M | -51.25K | -64.69K | -49.67K | -99.58K | -20.00K | -38.69K | -68.01K |
| Income Before Tax Ratio | -759.37% | -240.23% | -67.64% | -434.86% | -417.34% | -2,331.70% | -1,459.08% | -45.43% | -50.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | -2.24M | -404.68K | -325.42K | -291.42K | 253.11K | -202.64K | -231.93K | -1.33M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -20.76M | -27.30M | -14.96M | -9.97M | -7.03M | -6.58M | -2.30M | -51.25K | -64.69K | -49.67K | -99.58K | -20.00K | -38.69K | -68.01K |
| Net Income Ratio | -723.95% | -213.97% | -62.49% | -329.22% | -351.55% | -2,331.70% | -1,340.80% | -45.43% | -50.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | -0.07 | -0.11 | -0.09 | -0.09 | -0.09 | -0.13 | -0.11 | -0.04 | -0.04 | -0.03 | -0.08 | -0.04 | -0.08 | -0.13 |
| EPS Diluted | -0.07 | -0.11 | -0.09 | -0.09 | -0.09 | -0.13 | -0.11 | -0.04 | -0.04 | -0.03 | -0.08 | -0.04 | -0.08 | -0.13 |
| Weighted Avg Shares Out | 298.57M | 250.16M | 175.28M | 116.81M | 79.93M | 51.56M | 21.71M | 1.22M | 1.50M | 1.50M | 1.20M | 515.00K | 515.00K | 515.00K |
| Weighted Avg Shares Out (Dil) | 299.35M | 250.16M | 175.28M | 116.81M | 79.93M | 51.56M | 21.71M | 1.22M | 1.50M | 1.50M | 1.20M | 515.00K | 515.00K | 515.00K |
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Source: https://incomestatements.info
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