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Bullboard - Stock Discussion Forum Novra Technologies Inc V.NVI

Alternate Symbol(s):  NVRVF

Novra Technologies Inc. is a Canada-based company, which is an international technology provider of products, systems and services for the distribution of multimedia broadband content. The Company, through its subsidiaries, offers a product portfolio, including hardware, software and services. Its products include hardware and software tailored for advanced applications in key vertical markets:... see more

TSXV:NVI - Post Discussion

Novra Technologies Inc > Q1 2021 results
View:
Post by theinvestor22 on May 31, 2021 10:20pm

Q1 2021 results

Going back to the beginning of 2015, I can't find a higher revenue number.  The backlog number is excellent too, which bodes well for future quarters.  Expenses are well controlled.  And...a profit!!

Way to go NVI!!!
Comment by mlmack on Jun 01, 2021 1:05pm
Huge quarter, undervalued by revenue, EBITDA and now earnings. Sounds like the start to a very good year for NVI.
Comment by mlmack on Jun 01, 2021 7:09pm
Backlog up to $4.4M from $2.5M last quarter. With revenue of $3.7M, they had sales of $5.6M. Also the balance sheet now shows $1.1M working capital from negative last quarter. Very positive developments indeed.
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