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Bullboard - Stock Discussion Forum Mission Ready Solutions Inc V.MRS.H

Alternate Symbol(s):  MSNVF

Mission Ready Solutions Inc. specializes in providing government contracting solutions through its wholly owned subsidiary, Unifire, Inc. (Unifire) Unifire is a small business and an industry manufacturer and distributor fire, military, emergency, and law enforcement products. It has two business segments in the global defense, security, and first-responder markets: consulting and manufacturer... see more

TSXV:MRS.H - Post Discussion

View:
Post by ScarletSpider on May 03, 2022 6:04pm

Financials

Year Ended December 2021

Gross Revenue 91.99 million
Gross Margin 8.80 percent for the year
26 percent decrease in liabilities from previous yeear
Cash and Equivalent 7.89 million an increase of 6.26 million from the same period 2020
Net loss of .74 million a decrease of .60 million from a net loss of 1.34 million in the same period 2020
operating expenses relative to total revenue decreased to 10.32 percent  as compared to 10.56  percent for the same period 2020
Adjusted EBITDA was 4.50 million an increase of 1.71 million from the same period in 2020
20.99 million working capital improvement from previous year

all this and MD&A on Sedar filings

quite solid results!!!!
Comment by ScarletSpider on May 03, 2022 6:08pm
Posted on Stockhouse too if people want to check here as well :-)
Comment by FredZarfloon on May 04, 2022 3:25pm
8.8% margin nothing to write home about.
Comment by ScarletSpider on May 04, 2022 5:23pm
um 21 million working captial hello!!! EBITDA 4.5 hello!!! decrease in liabilities of 26 plus percent hello!!! These shares severely undervalued this is so farcical as i have been saying. People like you only wish to attack on one basis--again is the balance sheet improving or not! What a joke!!!
Comment by ScarletSpider on May 04, 2022 5:24pm
too many other stupid stocks that make nothing and not even EBITDA positive trading higher what a real joke!!!!
Comment by tipit55 on May 05, 2022 9:17am
We must get off this exchange.
Comment by ScarletSpider on May 06, 2022 1:21am
I agree to get off the Vulture tier not sure about the TSX Main but if this is an American company with a full and proper story to tell and oddly fitted on a Canadian Exchange or Exchanges where people don't really care about the story and more interested to be trading culture versus an exchange with people looking longer term and growth better to go with that BUT after all my dealings and ...more  
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