Quarterly results: TD, CIBC, RBC, WesternZagros, Paladin, Pacific & Western, EastCoal, Ceapro, Iona

Energold Drilling (V.EGD, Stock Forum) Q2 highlights:

Company-wide revenue during the second quarter of 2013 was $23.3 million, compared to $32.7 million in the second quarter of 2012. The decline in revenue was principally related to the year-over-year decrease in mineral exploration activity in the industry. Gross profit margin fell to 14% in the second quarter of 2013 from 20% in the comparable period of 2012. The Company had a net loss in the second quarter of ($0.03) per share, compared to a net loss of ($0.04) per share in the same period of 2012.



WesternZagros Resources (V.WZR, Stock Forum) Q2 highlights:

WesternZagros's Chief Executive Officer, Simon Hatfield said, "We're continuing testing in the Kurdamir-3 well to provide valuable information on the Kurdamir Discovery as we progress towards commerciality and to help us plan future well locations. In addition, our two Garmian wells, Baram-1 and Hasira-1, are drilling with completion anticipated in late Q4 2013 and early Q1 2014, respectively. Hasira-1 will help us in our development plans for our Sarqala Discovery. The timing of declaration of commerciality and submission of development plans are actively in discussion with our partners and will represent a major step for our Company. We have also completed our first 3D seismic program at Sarqala and the second, our North Garmian, is underway. This is a busy year for WesternZagros."



Pivot Technology Solutions (V.PTG, Stock Forum) Q2 highlights:

Revenues came in at $321.7 million, up 26.5%, or $67.4 million, from Q1 2013. Revenues were down 31.4%, or $14.4 million, from Q2 2012, which included revenues at the Company's ACS business attributable to large-scale data center builds by a significant customer. The Sigma business, which was acquired in July of 2012, contributed $54.3 million to revenues in Q2 2013, up 58.0% from Q1 2013.



Paladin Energy (T.PDN, Stock Forum) 2013 highlights:

Strong sales of US$107.4M for the June 2013 quarter selling 2.326Mlb U3O8at an average realised sales price of US$46.22/lb. Sales revenue for the year increased by 12% from US$365.8M in 2012 to US$408.4M in 2013. Sales volume for the year increased by 23% from 6.698Mlb U3O8in 2012 to 8.253Mlb U3O8in 2013. Average realised sales price of US$49.5/lb U3O8 for the year ended 30 June 2013, compared to average UxC spot price of US$43.9/lb.



New Zealand Energy (V.NZ, Stock Forum) Q2 highlights:

During the six-month period ended June 30, 2013, the Company produced 48,752 barrels of oil and sold 49,204 barrels for total oil sales of $5,277,878, with an average oil sale price of $107.27 per barrel. Total recorded production revenue, net of a 5% royalty payable to the New Zealand Government (an average of $4.94 per barrel), was $5,034,958. Production costs during the six-month period ended June 30, 2013 totalled $3,307,876, or an average of $67.23 per barrel, generating an average field netback of $35.10 per barrel during the period. NZEC calculates the netback as the oil sale price less fixed and variable production costs and a 5% royalty. The notable reduction in netback during the six-month period ended June 30, 2013, is predominantly the result of decreased oil production. As previously announced, the Company had shut in the Waitapu-2 well during May 2013 in order to gather critical data for the Mt. Messenger reservoir study (see Reservoir Study) and to evaluate and install artificial lift.



Anaconda Mining (T.ANX, Stock Forum) 2013 highlights:

The Company generated net income of $7,438,629 or $0.04 per fully diluted share compared with net income of $3,298,063 or $0.02 per fully diluted share for the fiscal year ended May 31, 2012. Fiscal 2013 net income consisted of income from operations of $3,460,629 or $0.02 per share and the recording of a deferred income tax recovery of $3,978,000 or $0.02 per share. Deferred income tax assets were recorded when the Company removed its going concern note to the financial statements and recognized the tax value of its income tax loss carry forward amounts.

President and CEO, Dustin Angelo, stated, "The Company had another record year in terms of sales volume, revenue, operating cash flow and net income.



TD Bank Group (T.TD, Stock Forum) Q3 highlights:

Reported diluted earnings per share were $1.58, compared with $1.78. Adjusted diluted earnings per share were $1.65, compared with $1.91. Reported net income was $1,527 million, compared with $1,703 million. Adjusted net income was $1,588 million, compared with $1,820 million.



ID Watchdog (V.IDW, Stock Forum) Q2 highlights:

Gross profit increased by $169,281, or 99.2%, from $170,601 during the second quarter of 2012 to $339,882 during the second quarter of 2013. The gross margin rate for the second quarter of 2013 and 2012 was 64.3% and 36.3%, respectively. In the fourth quarter of 2012, we entered into a new data agreement which substantially decreased our cost of revenue beginning in January 2013.



Royal Bank of Canada (T.RY, Stock Forum) Q3 highlights:

Record net income of $2,304 million for the quarter ended July 31, 2013, up $64 million or 3% from the prior year and up $368 million or 19% from last quarter. We also announced an increase to our quarterly dividend of $0.04 or 6%, to $0.67 per share.



Canada Imperial Bank of Commerce (T.CM, Stock Forum) Q3 highlights:

Reported net income was $890 million, compared with $841 million for the third quarter a year ago, and $876 million for the prior quarter. Adjusted net income was $943(1) million, compared with $866(1) million for the third quarter a year ago, and $876(1) million for the prior quarter. Reported diluted earnings per share was $2.16, compared with $2.00 for the prior year quarter, and $2.12 for the prior quarter.



ePals Education Media (V.SLN, Stock Forum) Q2 highlights:

The net loss for the three months ended June 30, 2013 was $6.0 million, or ($0.04) per share, compared to a net loss of $4.2 million, or ($0.03) per share for the three months ended June 30, 2012. The net loss for the six months ended June 30, 2013 was $9.4 million, or ($0.06) per share, compared to a net loss of $8.1 million, or ($0.06) per share for the six months ended June 30, 2012. In addition to the drivers previously discussed, these increases in net loss year-over-year are primarily due to increased interest expense, partially offset by gains from the change in fair value of our derivatives in 2013.



Energold Drilling (V.EGD, Stock Forum) Q2 highlights:

Company-wide revenue during the second quarter of 2013 was $23.3 million, compared to $32.7 million in the second quarter of 2012. The decline in revenue was principally related to the year-over-year decrease in mineral exploration activity in the industry. Gross profit margin fell to 14% in the second quarter of 2013 from 20% in the comparable period of 2012. The Company had a net loss in the second quarter of ($0.03) per share, compared to a net loss of ($0.04) per share in the same period of 2012.



WesternZagros Resources (V.WZR, Stock Forum) Q2 highlights:

WesternZagros's Chief Executive Officer, Simon Hatfield said, "We're continuing testing in the Kurdamir-3 well to provide valuable information on the Kurdamir Discovery as we progress towards commerciality and to help us plan future well locations. In addition, our two Garmian wells, Baram-1 and Hasira-1, are drilling with completion anticipated in late Q4 2013 and early Q1 2014, respectively. Hasira-1 will help us in our development plans for our Sarqala Discovery. The timing of declaration of commerciality and submission of development plans are actively in discussion with our partners and will represent a major step for our Company. We have also completed our first 3D seismic program at Sarqala and the second, our North Garmian, is underway. This is a busy year for WesternZagros."



Pivot Technology Solutions (V.PTG, Stock Forum) Q2 highlights:

Revenues came in at $321.7 million, up 26.5%, or $67.4 million, from Q1 2013. Revenues were down 31.4%, or $14.4 million, from Q2 2012, which included revenues at the Company's ACS business attributable to large-scale data center builds by a significant customer. The Sigma business, which was acquired in July of 2012, contributed $54.3 million to revenues in Q2 2013, up 58.0% from Q1 2013.



Paladin Energy (T.PDN, Stock Forum) 2013 highlights:

Strong sales of US$107.4M for the June 2013 quarter selling 2.326Mlb U3O8at an average realised sales price of US$46.22/lb. Sales revenue for the year increased by 12% from US$365.8M in 2012 to US$408.4M in 2013. Sales volume for the year increased by 23% from 6.698Mlb U3O8in 2012 to 8.253Mlb U3O8in 2013. Average realised sales price of US$49.5/lb U3O8 for the year ended 30 June 2013, compared to average UxC spot price of US$43.9/lb.



New Zealand Energy (V.NZ, Stock Forum) Q2 highlights:

During the six-month period ended June 30, 2013, the Company produced 48,752 barrels of oil and sold 49,204 barrels for total oil sales of $5,277,878, with an average oil sale price of $107.27 per barrel. Total recorded production revenue, net of a 5% royalty payable to the New Zealand Government (an average of $4.94 per barrel), was $5,034,958. Production costs during the six-month period ended June 30, 2013 totalled $3,307,876, or an average of $67.23 per barrel, generating an average field netback of $35.10 per barrel during the period. NZEC calculates the netback as the oil sale price less fixed and variable production costs and a 5% royalty. The notable reduction in netback during the six-month period ended June 30, 2013, is predominantly the result of decreased oil production. As previously announced, the Company had shut in the Waitapu-2 well during May 2013 in order to gather critical data for the Mt. Messenger reservoir study (see Reservoir Study) and to evaluate and install artificial lift.



Anaconda Mining (T.ANX, Stock Forum) 2013 highlights:

The Company generated net income of $7,438,629 or $0.04 per fully diluted share compared with net income of $3,298,063 or $0.02 per fully diluted share for the fiscal year ended May 31, 2012. Fiscal 2013 net income consisted of income from operations of $3,460,629 or $0.02 per share and the recording of a deferred income tax recovery of $3,978,000 or $0.02 per share. Deferred income tax assets were recorded when the Company removed its going concern note to the financial statements and recognized the tax value of its income tax loss carry forward amounts.

President and CEO, Dustin Angelo, stated, "The Company had another record year in terms of sales volume, revenue, operating cash flow and net income.



TD Bank Group (T.TD, Stock Forum) Q3 highlights:

Reported diluted earnings per share were $1.58, compared with $1.78. Adjusted diluted earnings per share were $1.65, compared with $1.91. Reported net income was $1,527 million, compared with $1,703 million. Adjusted net income was $1,588 million, compared with $1,820 million.



ID Watchdog (V.IDW, Stock Forum) Q2 highlights:

Gross profit increased by $169,281, or 99.2%, from $170,601 during the second quarter of 2012 to $339,882 during the second quarter of 2013. The gross margin rate for the second quarter of 2013 and 2012 was 64.3% and 36.3%, respectively. In the fourth quarter of 2012, we entered into a new data agreement which substantially decreased our cost of revenue beginning in January 2013.



Royal Bank of Canada (T.RY, Stock Forum) Q3 highlights:

Record net income of $2,304 million for the quarter ended July 31, 2013, up $64 million or 3% from the prior year and up $368 million or 19% from last quarter. We also announced an increase to our quarterly dividend of $0.04 or 6%, to $0.67 per share.



Canada Imperial Bank of Commerce (T.CM, Stock Forum) Q3 highlights:

Reported net income was $890 million, compared with $841 million for the third quarter a year ago, and $876 million for the prior quarter. Adjusted net income was $943(1) million, compared with $866(1) million for the third quarter a year ago, and $876(1) million for the prior quarter. Reported diluted earnings per share was $2.16, compared with $2.00 for the prior year quarter, and $2.12 for the prior quarter.



ePals Education Media (V.SLN, Stock Forum) Q2 highlights:

The net loss for the three months ended June 30, 2013 was $6.0 million, or ($0.04) per share, compared to a net loss of $4.2 million, or ($0.03) per share for the three months ended June 30, 2012. The net loss for the six months ended June 30, 2013 was $9.4 million, or ($0.06) per share, compared to a net loss of $8.1 million, or ($0.06) per share for the six months ended June 30, 2012. In addition to the drivers previously discussed, these increases in net loss year-over-year are primarily due to increased interest expense, partially offset by gains from the change in fair value of our derivatives in 2013.



NewNorth Projects Ltd (V.NNP, Stock Forum) 6-mth highlights:

NewNorth reports net income after tax for the first half of 2013 is $303,000. After tax income per share, basic and diluted is $0.03. NewNorth's interest in the Kinniburgh South Limited Partnership was sold on May 7, 2013. The gross proceeds from the sale were $3,500,000. NewNorth is an integrated land and building development corporation operating in Alberta.



Pacific & Western Credit (T.PWC, Stock Forum) Q3 highlights:

Net income (loss) of Pacific & Western Credit Corp. for the three months ended July 31, 2013 was ($2.2 million) or ($0.07) per share (($0.07) diluted) compared to ($2.6 million) or ($0.09) per share (($0.09) diluted) for the previous quarter and ($614,000) or ($0.02) per share (($0.02) diluted) for the same period a year ago. Prior to the deduction of dividends on Class B Preferred Shares, which are recorded as interest expense for accounting purposes, net income (loss) of the Corporation for the current quarter was ($963,000) compared to ($1.3 million) for the previous quarter and $600,000 a year ago.



EastCoal (V.ECX, Stock Forum) Q2 highlights:

Loss of $1,233,134 for continued operations during the three months ended June 30, 2013 (2012: $101,466). Loss from discontinued operations during the same period of $18,365,659 mainly resulting from further impairment of and accounting adjustments for the Menzhinsky operation. These losses do not have any cash impact on the Company. Loss per share of $0.02 for the three month period ended June 30, 2013 (2012: $0.00), excluding losses from discontinued operations. The insolvency application process for Inter-Invest LLC ("Inter-Invest") is ongoing and it is expected that Inter-Invest will formally enter liquidation in September 2013. Upon entering liquidation, it is expected that the liabilities of Inter-Invest included in the consolidated accounts totaling $18,774,000 will no longer be recognized in the Company's financial statements resulting in a one-off gain for accounting purposes equal to the amount of these consolidated liabilities.



Route1 Digital Security (V.ROI, Stock Forum) Q2 highlights:

For the six month period ended June 30, 2013, total revenue decreased to $1.4 million from $1.9 million in the second quarter of 2012. The decrease was a result of recognizing $0.6 million of services revenue from the arbitration award during the second quarter of 2012. Operating results for the three and six month period ended June 30, 2012 were positively affected by the proceeds of an arbitration award which was received in January 2012. For additional information, please see Route1's June 30, 2013 Financial Statements and Management's Discussion & Analysis.



China Education Resources (V.CHN, Stock Forum) Q2 highlights:

China Education Resources generated gross revenues of $4,052,614 in the second quarter of 2013. This is compared to gross revenue of $1,824,968 for the same period in 2012. It recorded a net profit attributable to shareholders of $123,138 as compared to a net loss attributable to shareholders of $177,321 for the same period in 2012. The strong sales in the second quarter included some sales orders deferred from the first quarter.



Spackman Equities (V.SQG, Stock Forum) Q2 highlights:

For the second quarter ended June 30, 2013 revenue was $2.1 million and the net loss was $392,000 or $0.002 per share. For the six months ended June 30, 2013 revenue was $2.5 million and the net loss was $1.4 million or $0.009 per share. At June 30, 2013 SEGI had $4.9 million, or $0.03 per share, in cash or cash equivalents and marketable securities. There are 148,829,183 common shares outstanding.

Commenting on the second quarter results, Charles Spackman, the Chairman and Chief Executive Officer of SEGI said, "We are very pleased with the excellent box office performance of Zip Cinema's COLD EYES and Opus Picture's SNOWPIERCER. The production fee income from COLD EYES, if received by Zip Cinema by year-end, should improve the Company's results for the remainder of the year. Production fee income to Opus from SNOWPIERCER, which has not yet been released outside of Korea, is expected be received in the second half of 2014 or later as the production fees will be paid to Opus after the film has played in over 160 countries."



Tuscany Energy (V.TUS, Stock Forum) Q2 highlights:

For the first six months of 2013, Tuscany's revenues decreased to $2.9 million compared with $4.1 million for the same period in 2012 and cash flow from operations decreased to $621,000 from $1.7 million in 2012. The decrease in revenue resulted primarily from the combined effect of a decline in heavy oil prices from $67.48 per barrel for the first six months of 2012 to $59.81 per barrel in the current year and a decline in production during the same period from 368 BOEd to 295 BOEd respectively.



Humboldt Capital (V.HMB, Stock Forum) Q2 highlights:

For the first half of 2013 Humboldt recorded a loss of $10.4 million, or $0.88 per share. Humboldt lost $435 thousand on the sale of investments and a reduction in the unrealized value of the balance of its investment portfolio of $9.6 million. The Company's net asset value at June 30, 2013 was $22.8 million, or $1.92 per share compared to $33.3 million or $2.77 per share at the beginning of the year.



Ceapro Biotech (V.CZO, Stock Forum) Q2 highlights:

Revenues were $1,012,000 for the three-month period ended June 30, 2013, as compared to $1,490,000 for the same period in 2012. This decrease of revenues in the second quarter of 2013 is mostly due to timing of customers' orders. For the first six months, revenues were up to $3,025,000 in 2013 compared to $2,680,000 for the same period in 2012, representing an increase of 12.9%.



Galantas Gold (V.GAL, Stock Forum) Q2 highlights:

The Net Loss for the three months ended June 30, 2013, amounted to CDN$ 357,663 (2012 Q2: Net Income CDN$ 543,734) and the cash loss generated from operating activities before changes in non-cash working capital in the second quarter of 2012 amounted to CDN$ 323,010 (2012 Q2:Cash gain CDN$ 556,321). The cash generated from processing low grade material was positive on a strict operational basis before the inclusion of administration costs and overheads in the second quarter (Q2), following a reduction in costs.



Iona Energy (V.INA, Stock Forum) Q2 highlights:

Total assets as at June 30, 2013 of CAD$516.6 million (June 30, 2012 - CAD$167.2 million). Net income for the three months ended June 30, 2013 of CAD$9.4 million (2012 loss - CAD$2.9 million) and a net loss of CAD$2.9 million (2012 - CAD$3.9 million) for the six months ended June 30, 2013. Of total revenues of $12 million for the three months ended June 30, 2013, $8.6 million was generated from oil production and $3.4 million was generated from gas production. The average realized oil price in the period was USD$102 compared to average Brent oil prices in the period of USD$102 and USD$10 mcf for gas. The Company has tax pools of approximately USD$303 million and does not expect to pay UK taxes until 2016 or later.



Med BioGene (V.MBI, Stock Forum) Q2 highlights:

MBI incurred a loss of $217,585 ($0.00 per share) for the six months ended June 30, 2013 compared to a loss of $223,418 ($0.00 per share) for the six months ended June 30, 2012. Comparing to the second quarter of 2013 to the second quarter of 2012, MBI incurred a loss of $139,171 ($0.00 per share) and a loss of $102,121, respectively.



Gulf & Pacific Equities (V.GUF, Stock Forum) Q2 highlights:

Revenues for Q2: $534,918 (798k in 2012), Net income (loss) for Q2: -$269,029 (-$290k in 2012)

The Company acquires, manages and develops anchored shopping malls in rural centres in Western Canada, in particular Alberta. Gulf & Pacific targets smaller, but rapidly growing hub communities that have hospital, high school, police station and retail/service infrastructure. Management has consistently reinvested cash flow to improve and grow its portfolio of income properties.



Arianne Phosphate (V.DAN, Stock Forum) Q2 highlights:

The net loss for the three month period ended June 30, 2013 was $1,508,003 compared to a net loss of $756,117 for the same period in 2012. This increased loss in the second quarter 2013 is mainly due to the impact of deferred taxes of $433,204. This amount comes from the expected manner of recovery of the Company's prospection and evaluation assets as there are indications that its exploration and evaluation assets could be recovered through use rather than though sale. Accordingly, the Company recorded a deferred income tax liability of $433,204 and a corresponding deferred tax expense.



Crown Point Energy (V.CWV, Stock Forum) Q2 highlights:

Net Loss: $11.56 million and $11.78 million for the three and six month periods ended June 30, 2013, as compared to $1.96 million and $2.53 million for the comparative three and six month periods ended May 31, 2012 and $0.81 million for the previous four month period ended December 31, 2012. The increase in the net loss for the June 2013 periods is due to $10.07 of impairment recognized in the second quarter related to accounts receivable ($0.52 million), exploration and evaluation assets ($1.63 million) and property and equipment ($7.92 million).



Wescan Goldfields (V.WGF, Stock Forum) Q2 highlights:

For the quarter ended June 30, 2013 the Company recorded a net loss of $63,671 ($0.00 per share) compared to a net loss of $269,384 ($0.02 per share) for the same period in 2012. The difference in losses between these quarters is primarily due to the Company incurring lower exploration and evaluation expenditures and administration expenses during the quarter ended June 30, 2013. During the second quarter of 2013, the Company incurred $0 (2012 - $159,225) exploration and evaluation expenditures and $56,352 (2012 - $151,208) administration expenses.





Spot Coffee (V.SPP, Stock Forum) Q2 highlights:

Reported revenue increased 20% to $2,107,968 for the second quarter of 2013 from $1,752,947 for the same quarter of 2012. System-wide sales revenue (include licensed café) increased 17% to $2,333,256 for the second quarter of 2013 from $1,991,520 for the same quarter of 2012. Gross profit increased 25% to $1,420,477 for the second quarter of 2013 from $1,137,926 for the same quarter of 2012. SPoT's gross margin percentage increased to 67% of revenue for the second quarter of 2013 from 65% for the same quarter of 2012.



Gemoscan Dietary Solutions (V.GES, Stock Forum) Q1 highlights:

For the three months ended June 30, 2013, total revenues were $373,894, representing an increase of 37% from $272,741, for the same three-month period in 2012. The Company also reported a lower than expected fiscal first quarter net loss before interest of $ 114,810, as compared to a net loss before interest of $537,551, for the three months ended June 31, 2012.



FSI Energy Group (V.FSI, Stock Forum) Q2 highlights:

Operating profit for the first six months of 2013 increased to $1,535,469, up from the same period last year of an operating loss of $98,629. Revenues from the foreign segment of $7,016,455 for the second quarter and $9,601,666 on a year- to-date basis.



GINSMS (V.GOK, Stock Forum) Q1 highlights:

The acquisition of Inphosoft Group Pte Ltd ("Inphosoft") was completed on September 28, 2012. GINSMS's income statement for the quarter ended June 30, 2013 includes the operating results of Inphosoft Group Pte Ltd and its subsidiaries resulting in total revenue of $445,584, compared to $157,089 for the corresponding quarter the previous year. Activities for the three-month period ended June 30, 2013 resulted in a net loss of $481,991, including a non-realized exchange gain of $19,762 and a non-cash charge to earnings of $290,549 representing accretion on obligations related to the convertible debentures and promissory notes issued in connection with the acquisition of Inphosoft. For the quarter ended June 30, 2012, the Company recorded a net loss of $48,035.




Lingo Media (V.LM, Stock Forum) Q2 highlights:

During the quarter, the Company earned revenues of $715,618 and total comprehensive income of $107,080. The operating expenses reduced from $645,172 to $365,160 for the comparable period, an overall reduction of 43%. Lingo Media also increased the income per share to $0.005 as compared to a loss of $(0.004) for the period ended June 30, 2012.