RE:RE:One Comparison company - Burcon NutrascienceJoe454 wrote:
Thanks , Burcon is a good buy , only trading at 1.25 times earnings , NSP is trading at 66 times earnings.
RESULTS OF OPERATIONS As at December 31, 2015, Burcon has not yet generated any significant revenues from its technology. For the three and nine months ended December 31, 2015, the Company recorded a loss of $1,667,372 ($0.05 per share) and $4,959,653 ($0.14 per share), respectively, as compared to $1,829,250 ($0.05 per share) and $5,041,635 ($0.15 per share) during the same periods last year. Included in the three and nine month loss amounts are $389,079 and $715,660 (2014 - $373,817 and $582,977) of stock-based compensation (non-cash) costs, financing expense of $nil and $286,935, respectively (2014 - $nil and $357,945), unrealized foreign exchange gain of $71,884 and $176,831, respectively (2014 - $nil and $nil), amortization of deferred revenue of $23,458 and $70,375, respectively (2014 - $23,458 and $70,375), amortization of deferred development costs of $133,406 and $400,218, respectively (2014 - $133,406 and $400,218) and amortization of property and equipment of $33,344 and $92,494, respectively (2014 - $36,868 and $109,897). https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aBU-2346121&symbol=BU®ion=C