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Bullboard - Stock Discussion Forum Wanted Technologies Corporation V.WAN

Industrials Business Services

TSXV:WAN - Post Discussion

Wanted Technologies Corporation > positive impact US/CAD exhange rate: WAN
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Post by martinboum on Jan 29, 2014 10:21am

positive impact US/CAD exhange rate: WAN

Most if not almost all of WAN's revenue is in US dollars. But they report in canadian dollars.

Its interesting to see that the exchange rate has gone up 10% in WAN's favor since 2013.

https://finance.yahoo.com/echarts?s=USDCAD%3DX+Interactive#symbol=;range=1y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

This should reflect in a "free" revenue and profit bump... any ideas on the impact?
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