Bullboard - Stock Discussion Forum Ciscom Corp. C.CISC

Alternate Symbol(s): CISCF

Technology Information Technology Services

Ciscom Corp. is a Canada-based company that invests in, acquires, and manages companies within the information and communication technology (ICT) sector, and specializing in the AdTech and MarTech arena, targeting small and medium-sized enterprises (SMEs). The Company, through its subsidiary, Prospect Media Group provides retail analytics, consumer insights, digital and integrated media... see more

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Ciscom Corp. > Misleading financial from CISC Press Release

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Post by TonyTheTiger on May 15, 2024 2:10pm

Misleading financial from CISC Press Release

"The Company achieved a cash-adjusted operating profit (EBITDA) of $0.253 million in Q1 2024, compared to EBITDA of $0.146 million in Q1 2023, marking a significant year-over-year improvement of $0.239 million."

Not sure how that significant YoY improvement of $0.239 million came from. $0.235 minus $0.146 = $0.107 million YoY improvement only.

Ciscom is over exaggerated the result on their PR. Can anyone explain this action is allowed for a pulic listing company??

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