GREY:LFDEF - Post by User
Post by
Electrofuelon Mar 28, 2017 11:20pm
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Post# 26044395
A Good Year
A Good Year For the time I've been following UR, I found this to be there typical CC. Not really any fluff and no hype. Just the basics and done, then back to business tomorrow. No hint on when another MOU would be signed. Could be in six months, could be tomorrow.
I think the financials speak for themselves.
- Non-IFRS revenue of $49.9 million in fiscal 2016 increased by 95% over the prior year (IFRS revenue of $111.3 million in 2016 increased by 205%)
- Non-IFRS adjusted EBITDA of $5.6 million in fiscal 2016 was an improvement of $18.6M over the prior year
- Non-IFRS revenue of $11.7 million in the fourth quarter increased by 45% over the prior year (IFRS revenue of $57.5 million in Q4 increased by 333%)
- Non-IFRS adjusted EBITDA of $1.9 million in the fourth quarter was an improvement of $9.6 million over the prior year
Revenues in Earth Observation Growing by 115% Year-Over-Year
Revenues in the Company's Earth observation (EO) business in the 2016 fiscal year grew by 115% compared with fiscal 2015, growing from $7.1 million to $15.2 million (non-IFRS reporting). This triple-digit growth in the EO business is primarily due to the continued acceptance of the high-resolution imagery offering from the Deimos-2 satellite.
and so on