See more : City Developments Limited (C09.SI) 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.
You may be interested
- MicroPort CardioFlow Medtech Corporation (2160.HK) Income Statement Analysis – Financial Results
- Agape ATP Corporation (AATP) Income Statement Analysis – Financial Results
- Atom Empreendimentos e Participações S.A. (ATOM3.SA) Income Statement Analysis – Financial Results
- Boyle Bancorp, Inc. (BYLB) Income Statement Analysis – Financial Results
- Hikal Limited (HIKAL.NS) Income Statement Analysis – Financial Results
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 |
PowerBand Releases 2020 Annual Financial Results
Reports Q4 2020 revenues of $1,426,635 compared to $416,943 for Q4 2019 VANCOUVER, BC / ACCESSWIRE / April 29, 2021 / PowerBand Solutions (TSXV:PBX) (OTCQB:PWWBF) ("PowerBand" "PBX" or the "Company"), a comprehensive e-commerce solution transforming the online experience to sell,...
Drivrz Financial Expanding Existing USD $300 Million Loan Origination Credit Facility
PowerBand's finance arm (Drivrz Financial) is extending its platform to accept loan originations from its dealer customers, Intellacar customers and DrivrzXchange customers. VANCOUVER, BC / ACCESSWIRE / April 28, 2021 / PowerBand Solutions (TSXV:PBX) (OTCQB:PWWBF) (Frankfurt:1ZVA) ("PowerBand" "PBX" or the...
PowerBand Solutions Inc. & Stock Fam TV to Host Virtual Town Hall Meeting at 11:00 AM on Tuesday April 27, 2021
VANCOUVER, BC / ACCESSWIRE / April 22, 2021 / PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:PWWBF) (Frankfurt:1ZVA) ("PowerBand", "PBX" or the "Company") wishes to invite current and potential investors to attend a virtual Town Hall style meeting on Tuesday April 27th, 2021....
PowerBand Clarifies Reported Gross Sales and Revenues
Gross sales will be reported monthly on total volume of dollar transactions on the DRIVRZ™ platform and offer an indication of future revenue from associated commissions and fees. VANCOUVER, BC / ACCESSWIRE / April 12, 2021 / As usage of...
PowerBand Clarifies Revenues and Reduced Risk Vis a Vis Leases Arranged on DRIVRZ
VANCOUVER, BC / ACCESSWIRE / April 12, 2021 / As DRIVRZ™ increases the number of leases financed for drivers and automotive dealers on its virtual platform, PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:PWWBF) (Frankfurt:1ZVA) ("PowerBand," "PBX" or the "Company") wishes to clarify...
PowerBand's Leasing Division, MUSA, being Re-Branded as DRIVRZ Financial
VANCOUVER, BC / ACCESSWIRE / April 9, 2021 / PowerBand's (TSXV:PBX) (OTCQB:PWWBF) (Frankfurt:1ZVA) ("PowerBand", "PBX" or the "Company") leasing and financing division is being brought under the DRIVRZ™ brand and will now operate under the sub-brand DRIVRZ™ Financial. PowerBand's leasing...
MUSA Auto Finance appoints new CEO and President
DALLAS, April 8, 2021 /PRNewswire/ -- MUSA Auto Finance, an automotive finance and technology lender specializing in effortless leasing, has announced two new executives in the roles of chief executive officer and president. Jon Lamb is now CEO of MUSA Auto...
PowerBand Posts Record 44 Percent Gross Sales Increase in March
PowerBand exceeds 2020 gross sales in first quarter of 2021 as the DRIVRZ™ virtual marketplace captures greater market share VANCOUVER, BC / ACCESSWIRE / April 6, 2021 / PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:PWWBF) (Frankfurt:1ZVA) ("PowerBand", "PBX" or the "Company") posted...
DRIVRZ To Be Promoted On Motortrend.com Reaching Millions Of Drivers
VANCOUVER, BC / ACCESSWIRE / April 5, 2021 / PowerBand Solutions Inc. (TSXV:PBX)(OTCQB:PWWBF)(Frankfurt:1ZVA) ("PowerBand", "PBX" or the "Company") has executed a campaign with MotorTrend Group ("MotorTrend"), utilizing Source Digital's newly launched ad unit for activating moments in video, to promote...
PowerBand Appoints President of DRIVRZ Leasing Platform, MUSA
VANCOUVER, BC / ACCESSWIRE / March 31, 2021 / PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:PWWBF) (FRA1ZVA) ("PowerBand ", "PBX" or the "Company"), an innovative automotive fintech leader providing digital and virtual platform solutions to buy, sell, trade, lease, or finance vehicles...
Source: https://incomestatements.info
Category: Stock Reports