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Global UAV Technologies Ltd C.UAV

Alternate Symbol(s):  YRLLF

Global UAV Technologies Ltd. is a diversified, vertically integrated drone technology company within the commercial Unmanned Aerial Vehicle (UAV) sector. The Company, through its wholly owned subsidiaries, provides a full range of UAV-based services and products, including production, research and design of professional grade UAV’s, geophysics and remote sensing survey services, and regulatory consulting and management. The Company's subsidiaries include Pioneer Aerial Surveys Ltd., High Eye Aerial Imaging In., UAV Regulatory Services Ltd, and NOVAerial Robotics Ltd.


CSE:UAV - Post by User

Comment by idunno1987on Feb 28, 2018 11:48pm
236 Views
Post# 27641568

RE:Financials Out

RE:Financials Out

idunno1987 wrote: Check Sedar

 

Performance Summary for the Fourth Quarter The Issuer had $490,261 of revenue during the quarter. As at October 31, 2017 the Issuer had cash totaling $130,936. Net loss for the quarter was $1,938,622, which included gain from foreign exchange of $3,940. Operating loss from the operation of the Issuer’s UAV related businesses during the quarter totaled $970,224. Other items during the quarter were impairment recognized with respect to certain acquisitions based upon an assessment of recoverable values. Given the financial write downs, debts and future financial commitments, as at October 31, 2017, the Issuer had working capital deficiency of $468,958 (2016 - working capital of $17,055).

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