Mission Ready Solutions Inc V.MRS.H

Alternate Symbol(s): MSNVF

Industrials Aerospace & Defense

Mission Ready Solutions Inc. specializes in providing government contracting solutions through its wholly owned subsidiary, Unifire, Inc. (Unifire) Unifire is a small business and an industry manufacturer and distributor fire, military, emergency, and law enforcement products. It has two business segments in the global defense, security, and first-responder markets: consulting and manufacturer representation. It also provides relationship management, product development, acquisition and contracting and sales and marketing support to manufacturers selling to the United States Federal Government. The Protect the Force Innovations (PTFI) division develops, enhances, tests, and pioneers new and advanced technologies relating to defense and personal protection. Its portfolio of defense and security-related products includes Flex9Armor and Tactical Shield Cover. It serves law enforcement, the military, government and other agencies through its various products and services.

TSXV:MRS.H - Post by User

Mission Ready Solutions Inc > Financials

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Post by ScarletSpideron May 03, 2022 6:04pm

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Post# 34652932

Financials

Year Ended December 2021

Gross Revenue 91.99 million
Gross Margin 8.80 percent for the year
26 percent decrease in liabilities from previous yeear
Cash and Equivalent 7.89 million an increase of 6.26 million from the same period 2020
Net loss of .74 million a decrease of .60 million from a net loss of 1.34 million in the same period 2020
operating expenses relative to total revenue decreased to 10.32 percent as compared to 10.56 percent for the same period 2020
Adjusted EBITDA was 4.50 million an increase of 1.71 million from the same period in 2020
20.99 million working capital improvement from previous year

all this and MD&A on Sedar filings

quite solid results!!!!

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