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Urthecast Corp LFDEF

UrtheCast Corp is a Vancouver-based technology company that serves the geospatial and geo-analytics markets with a variety of products and services. The company operates earth observation (EO) sensors in space, including two satellites, Deimos-1 and Deimos-2, to produce imagery data that is displayed on UrtheCast's cloud-based web platform and distributed directly to partners and customers. The company's primary source of revenue is from earth observation imagery and engineering. Geographically the company offers its services to Europe, Russia, Middle East, Africa, South Asia, and the Americas. Its only operating segment being the provision of the Earth observation imagery, geo-analytics products and services, and engineering and value-added services.


GREY:LFDEF - Post by User

Comment by Pandoraon Apr 02, 2019 12:19am
160 Views
Post# 29567715

RE:Financials

RE:Financials
onxy10122012 wrote: Out on Sedar


Not hard to tell why they did not news release them and also keep them as late as possible. Will it be a going concern after they sell the Deimos Group? If so, why?

A loss of 67 cents a share and no cash to carry on.

There would have to be some real creative financing which probably does not bode well for shareholders.

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