Bullboard - Stock Discussion Forum Pool Safe Inc V.POOL

Alternate Symbol(s): PFFEF

Pool Safe Inc. is a Canada-based company that manufactures and sells a product known as the Loungenie. Loungenie functions as a multipurpose safe and contains a solar-powered charger for universal serial bus (USB) compatible devices including phones, cameras, and tablets, as well as a server call-button and a beverage cooler and holders. The premium multipurpose Loungenie product is a... see more

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TSXV:POOL - Post Discussion

Pool Safe Inc > Financials are improving

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Post by Dragoon on Feb 24, 2021 4:50am

Financials are improving

The last Quarter ending September was almost profitable with even less revenues due to Covid lockdowns.

Also year over year Income Statement, Operating Cash Flow and the Balance Sheet are all looking a lot better. I look forward to the next financials.

Furthermore, the company presentation shows clearly the potential of the market for the firm.

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Comment by Farmer9 on Feb 25, 2021 11:33pm

This is why the company was ALMOST profitable: Operating expenses were $93,766 for the three-month period ended September 30, 2020 (September 30, 2019 - $214,537). During the September 2020 quarter the Company focused on cash conservation as the COVID-19 crisis closed or reduced access to many of the businesses to which the Company sold or revenue shared its PoolSafe units. Senior ...more

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Pool Safe Inc