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Novra Technologies Inc V.NVI

Alternate Symbol(s):  NVRVF

Novra Technologies Inc. is a Canada-based company, which is an international technology provider of products, systems and services for the distribution of multimedia broadband content. The Company, through its subsidiaries, offers a product portfolio, including hardware, software and services. Its products include hardware and software tailored for advanced applications in key vertical markets: video, radio, and data distribution, digital cinema and digital signage. Its areas of expertise and added value include encryption, next-generation hybrid networks (satellite/terrestrial/cloud) and efficient bandwidth utilization. It also provides products and solutions for the IP datacasting, IPTV and digital signage markets. It specializes in the transmission and reception of IP traffic over satellite, cable and terrestrial communication links. Its products include S401-DVB-S2X; S400-DVB-S2; S300V-Video; S300CA-Conditional Access; S300N-NOAAPORT; S300E-EUMETSAT; S300D, and others.


TSXV:NVI - Post by User

Comment by mlmack66on May 04, 2023 5:44am
127 Views
Post# 35429283

RE:RE:Great Q4

RE:RE:Great Q4Just reviewed the financials. Looks like the company has gained some consistency with the last 3 quarters revenue, $2.338, $2.141 and $2.195 million. The last 3 quarters EDITBA $0.274, $0.362 and $0.653 million. If you extrapolate these results over twelve months 1*revenue would be $0.26 and 6*EDITBA would be $0.30. In the past year working capital has gone from -0.5 million to +0.5 million mainly the result of Harris Liontas $1.2 million loan going to long term debt. Mr. Liontas the CEO owns 17% of the shares and continues to support the company financially. Finally with a $3.5 million backlog as of Dec. 31 and New contract wins in 2023 from the US gov't, Eastern Europe, Mexico and the health care sector among others the future of Norva looks much better than last year.
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