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Bullboard - Stock Discussion Forum Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."

TSXV:IGAM - Post Discussion

Integrity Gaming Corp. > Q2 on Sedar
View:
Post by Riverfolk on Aug 22, 2017 8:25pm

Q2 on Sedar

The Company’s revenue increased by 2% from $4,157,374 in Q1 2017 to $4,250,547 in Q2 2017.

The Company’s revenue increased by 25% from $3,390,891 in Q2 2016 to $4,250,547 in Q2 2017.

Highlights of activities and results of operations during the three months ended June 30, 2017:

  • For the quarter ended June 30, 2017, Poydras recorded a net loss of $1,382,586 or $0.04 loss per share.

  • For the quarter ended June 30, 2017, Poydras’ Adjusted EBITDA was $2,339,286.

  • As at June 30, 2017, Poydras had total assets of $36,974,543 consisting of $6,822,317 of current

    assets and $30,152,226 of non-current assets.

  • As at June 30, 2017, Poydras had total liabilities of $32,502,530 consisting of $7,399,577 of current liabilities and $25,102,953 of non-current liabilities.

  • As of June 30, 2017, Poydras had participating interests in approximately 2,562 revenue generating machines.

    The Company expects to continue to add to its revenues from both new and existing contracts. The Company is also taking steps to evaluate expansion opportunities into other geographies beyond the Oklahoma and Texas markets. 

Comment by lscfa on Aug 22, 2017 8:41pm
I find cash flows more reliable than accounting earnings......     CFO Adj ebitda Q2 17 1,000,543 2,339,286 Q1 17 944,371 2,444,522 Q4 16 1,529,388 2 ...more  
Comment by Teflon2Hype on Aug 22, 2017 10:12pm
Cut the song and dance. You once again lost over $1 million. You and River are the only 2 left that try to spin perpetual losses into a positive.
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