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World Kinect Corporation V.INT


Primary Symbol: WKC

World Kinect Corporation is a global energy management company. The Company is engaged in offering fulfillment and related services across the aviation, marine, and land-based transportation sectors. It also supplies natural gas and power in the United States and Europe along with a suite of other sustainability-related products and services. Its segments include Aviation, Land and Marine. Its Aviation segment provides aviation-related service offerings, which include fuel management, price risk management, ground handling, 24/7 global dispatch services, and trip planning services, including flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, and related products and services to commercial, industrial, residential and government customers, as well as retail petroleum operators. Its Marine segment markets fuel, lubricants, and related products and services to a base of marine customers.


NYSE:WKC - Post by User

Bullboard Posts
Post by captchaon Mar 03, 2015 9:52am
89 Views
Post# 23483640

6 months LOSS tops 4mil , lol

6 months LOSS tops 4mil , lol
Three months ended December 31, Six months ended December 31, 2014 2013 2014 2013 Revenue (Note 21) $ 282,625 $ 105,135 $ 333,171 $ 286,766 Cost of goods sold 86,903 70,082 108,932 148,322 Gross profit 195,722 35,053 224,239 138,444 Operating expenses: Research and development 162,038 189,830 317,173 427,970 Selling, general and administrative 1,292,260 1,519,193 2,912,541 2,863,158 Stock-based compensation (Note 15 (c)) 115,862 40,454 737,711 98,752 Depreciation of property and equipment 2,530 3,370 5,049 7,363 Amortization of intangible assets 617,298 703,128 1,234,596 1,406,256 2,189,988 2,455,975 5,207,070 4,803,499 Loss before equity in losses of associates, other income and interest expense (1,994,266) (2,420,922) (4,982,831) (4,665,055) Equity in losses of associates (Note 10) (113,547) (149,573) (207,516) (316,775) Other income (Note 16) 2,288,597 182,600 3,525,596 1,133,519 Interest expense (Note 17) (345,732) (245,258) (682,722) (545,109) Loss before income taxes (164,948) (2,633,153) (2,347,473) (4,393,420) Recovery of income taxes - - - 121,728 Loss from continuing operation $ (164,948) $ (2,633,153) $ (2,347,473) $ (4,271,692) Gain (loss) from discontinued operations, net of tax (note 26) - (59,225) 1,021,974 (127,962) Net and comprehensive loss $ (164,948) $ (2,692,378) $ (1,325,499) $ (4,399,654) Attributed to non-controlling interest $ (362,109) $ (200,037) $ (774,524) $ (302,225) Attributed to common shareholders $ 197,161 $ (2,492,341) $ (550,975) $ (4,097,429) Net loss per share - basic and diluted $ (0.00) $ (0.01) $ (0.00) $ (0.01) Weighted average number of shares - basic and diluted 372,477,279 372,477,279 372,477,279 372,477,279
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