CANAF ANNOUNCES FINANCIAL RESULTS FOR Q2 2021
Canaf Investments Inc. has released its financial statements and management discussion and analysis for the six-month period ended April 30, 2021.
Revenue for the six-month period was recorded at $6,292,558 (U.S.) (2020: $5,490,982 (U.S.)) with a net income after tax of $440,206 (U.S.) (2020: $285,684 (U.S.)), or $560,326, and an adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of $602,572 (U.S.) ($766,998). The corporation expects to report an increase in sales in Q3.