sur NXT Energy Solutions, Inc. (isin : CA62948Q1072)
NXT Energy Solutions Announces Second Quarter 2024 Results
NXT Energy Solutions Inc. released its financial and operating results for Q2-24, ending June 30, 2024. The company highlighted the upcoming Southeast Asia SFD® Survey anticipated for Q3-24. Debentures worth US$2.0 million were issued to MCAPM LP, and cash holdings were $2.43 million at the end of the quarter.
The net working capital improved to ($1.24) million from ($1.86) million at the end of 2023. However, the company recorded an SFD®-related revenue of approximately $0.60 million for YTD 2024, with no revenue for Q2-24. NXT posted a net loss of $3.01 million for Q2-24 and $4.80 million YTD 2024.
Cash flow used in operating activities dropped to $0.67 million for Q2-24, compared to $1.01 million in Q2-23. General and administrative expenses increased by 2% for Q2-24 and 10% for YTD 2024 compared to the respective periods in 2023. The company also reduced its office space by about 31% and extended the lease until 2030.
R. E.
Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de NXT Energy Solutions, Inc.