Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

PyroGenesis Canada Inc. is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing... see more

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TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > Here is the 3Q

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Post by fdfd12 on Dec 17, 2020 1:30pm

Here is the 3Q

How can you have revenue of $8M and income of $15M?

Not possible. Why are you guys misleading investors!
You are long and misleading investors.

I am long and telling the truth

Q 3 2020 results reflect the following highlights:

Revenues of $8,149,427, an increase of 289% from $2,097,437 over the same period in Q3 2020;
Comprehensive income of $15,325,996 an increase of 16 times that posted in Q3 2019 - ($965,032);

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Comment by canyousayiii on Dec 17, 2020 1:33pm

Fdfd, it is about accounting standards and being able to recognize the appreciation of the value of investments under certain conditions. Odd but NOT misleading. Investors need to read the financial statements if they want all the details.

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Comment by WealthBuilder99 on Dec 17, 2020 1:34pm

From gains on their investment in HPQ. This doesn't change the fact that their basic EPS was $0.10, as stated in their earnings. You may want to spend some time brushing up on your accounting. Regards.

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Comment by fdfd12 on Dec 17, 2020 1:43pm

When you have .10 and all of it was because of your investment, then your won business hasn't done much. Have you ever heard of adjusted earnings? PYR's earnings were .10 but adjusted to .03 and not 0 because of stock compensation.

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