Omni-Lite Industries Canada Inc V.OML

Alternate Symbol(s): OLNCF

Industrials

Omni-Lite Industries Canada Inc. develops and manufactures mission-critical, precision components utilized by Fortune 100 companies in the aerospace, defense, industrial and energy industries. The Company has three business segments: forged, electronic and investment casting components. Its forged products business is conducted in Cerritos, California. Its electronics business is conducted in Nashua, New Hampshire, a value-added contract manufacturer of electronic components for electronic sensors serving the defense, aerospace, medical, and secure communications markets. Its investment castings business is conducted in Brampton, Ontario, where it manufactures ferrous, non-ferrous, and light-alloy investment castings of highly engineered, high-performance hardware and structural components for aerospace, defense, nuclear, and industrial applications. It has developed patented technologies for transferring products through multi-die machines with segmented tooling.

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Omni-Lite Industries Canada Inc

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Post by GeorgianBayGuyon Nov 22, 2021 8:27am

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Post# 34152026

This company is completely useless.

Still racking up the losses, who is still buying this POS?

Omni-Lite Industries Reports Q3 Net Loss of $0.02 Per Share

2021-11-22 08:20:32 AM ET (MT Newswires)

08:20 AM EST, 11/22/2021 (MT Newswires) -- Omni-Lite Industries Canada (OML.V), which develops and manufactures components for the aerospace and defense industries, announced Monday that Q3 2021 revenue was approximately US$1.6 million, unchanged from the prior year period.

The company generated a net loss of US$204,000 or US$(0.02) per diluted share, versus a net loss of US$410,000 or US$(0.04) per diluted share, for last year.

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