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Danavation Technologies Corp C.DVN

Alternate Symbol(s):  DVNCF

Danavation Technologies Corp. is a Canadian Internet of Things (IoT) technology company and provider of micro e-paper displays to organizations across North America. The Company's principal activity relates to the sale of micro e-paper displays and software to retailers to automate labeling, price, product and promotions in real-time. Its Digital Smart Labels (DSLs), powered by IoT automation technology and software Platform-as-a-Service (PaaS), enables companies across various sectors to automate labelling, price, product, and promotions in real-time, enhancing data accuracy and improving performance by removing high labor costs and low productivity associated with traditional labor-intensive workflows. It has introduced its solution to retailers across North America, including big box and boutique grocers, while also targeting new markets, including healthcare providers, manufacturing, and logistics companies. Its subsidiaries include Danavation Technologies Inc., and 0890810 BC Ltd.


CSE:DVN - Post by User

Danavation Technologies Corp > Fins on sedar
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Comment by lscfaon Dec 29, 2021 3:54pm
120 Views
Post# 34268792

RE:Fins on sedar

RE:Fins on sedar
Gross margin during the three months ended October 31, 2021 declined to $(90,840) due to a large contract which was strategically priced below cost and represented a ‘lost leader’. In the comparative period, gross margin totaled $9,036.

 


lscfa wrote: 3 months ending October 31....

revenues $138,211......cost of revenues $229,051.....W T F ?

 

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