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Bullboard - Stock Discussion Forum Pioneering Technology Corp PTEFF


Primary Symbol: V.PTE

Pioneering Technology Corp. is an energy smart technology and consumer products company. The Company is focused on developing advanced thermo-based technology solutions for household products and appliances. The Company operates through the development, manufacture and sale of products intended to save energy and offer consumer convenience and safety. The Company’s products include Smart Burner... see more

TSXV:PTE - Post Discussion

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Post by Captain71 on Mar 02, 2021 9:27am

Q1

Revenue 1.1 mil. Would have liked to see another 200k or so but still higher than the 1.0 mil in Q4.

Loss of 673k was a bit more than expected. Was hoping for less than 350K. Strip out the one time marketing expense of 200k or so and loss was still around 450k.

Overall would have liked to see a little better financial performance but certainly could have been worst in the midst of a pandemic.

I still think this company returns to profitability in fiscal 2021.

GLTA
Comment by fuquebec on Mar 02, 2021 10:02am
This post has been removed in accordance with Community Policy
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