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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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

TSX:PYR - Post Discussion

View:
Post by filoux004 on Aug 07, 2024 7:21am

Question

How does one go from SG/A 6.4M in q2 23 to $236,257 for q2 24?? Any input appreciated. Tx . Glta and DD. Canada out in basketball but hey 2 golds in the hammer throw. The men football final is going to be showtime France vs Spain
Comment by madeinhemlo on Aug 07, 2024 7:32am
Here is your answer:   This reduction is primarily attributed to several key factors. The expected credit loss and bad debt experienced a substantial decrease of $5.2 million, primarily due to a $4.1 million payment received on a previously provisioned outstanding receivable. This payment led to a reversal of the previously recognized credit loss. Additionally, there was a decrease in the ...more  
Comment by filoux004 on Aug 07, 2024 7:35am
Thanks. You covered it all, much appreciated.  Glta
Comment by Mostlyserious on Aug 07, 2024 8:55am
Not too easy to figure out what their "regular" SG&A costs will be going forward from this set of financials.  Trying to keep it simple, I saw that "Employee Benefits" went down to about $1.2 million this quarter from about $3.8 million the same quarter last year and if someone can help wrap the minds of those interested around this, it would be appreciated. May have ...more  
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