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Bullboard - Stock Discussion Forum PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly 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 (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore... see more

TSX:PYR - Post Discussion

PyroGenesis Inc > They don't have 110 any more
View:
Post by tamaracktop on Sep 18, 2024 12:21pm

They don't have 110 any more

From managements' discussion and analysis of Q1 results:

Employee compensation dropped to $2,158,030 in Q1 2024, from $2,553,957 in Q1, 2023,
a decrease of $395,927
Comment by tamaracktop on Sep 18, 2024 12:26pm
Let's round it up to a decline of $400,000 in employee compensation for the quarter.  How many employees would the company have to let go to save $1.6 million annually?? 16?..25?...30?
Comment by TOCKY8008 on Sep 18, 2024 2:00pm
Your insidious and spreading lies and FUD. You're just quoting numbers that suits a negative twisted narrative of yours. "How many employees would the company have to let go to save $1.6 million annually??" I did the research. From combination of PYR  MD&As  Q3,Q4,Q1,Q2.  pages 6 or 7 MD&A-Q2-2024 Selling, General and Administrative Expenses     ...more  
Comment by TOCKY8008 on Sep 18, 2024 9:00pm
And it increased from  2,158,030  in Q1 2024  to  2,654,821 in Q2 2024. An increase of 500,000.  TOCKY8008  
Comment by sumpineh on Sep 18, 2024 9:13pm
 All that money on salaries to produce only 3.6M in revenue.I have always wondeed what contracts all of these people have been working on. I am surprised that they can even keep the lights on.
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