Nordex Explosives Ltd V.NXX

2nd Quarter Results

[Bboomer2]

• Revenue of $4,855,248 for the period, compared to $4,287,224 in the First Quarter ending March 31, 2015; an increase of 13.2%.
• Gross profit of $645,197 for the period, compared to $382,432 in the First Quarter ending March 31, 2015; an increase of 68.7%


• Read more at https://www.stockhouse.com/news/press-releases/2015/08/28/nordex-explosives-quarter-2-financial-results#pgSJf2tHcEzgytXy.99
• Taylor and Conroy pulled a rabbit out of the hat it seems.   Will be interesting to see the discussion of the results.

[withoutabias]

Where do you see rabbit here? The numbers may be a little better then most of us feared, but still are lousy. 4 years ago sales per share were over $1.00. Obviously , the proceeds of massive share issue did not produce any results. Where did the money disappear? Where is profitability? In their press release they do not even mention the net income. And did not elaborate on their failure to produce

[forcite]

I don't see a rabbit either. I see a company that did slightly better in the dead of summer than the dead of one of the worst winters in recent memory. Those results are awful.