Winpak (T.WPK, StockForum) reveals third quarter results with net income attributable to shareholders amounting to $17.4 million or $0.27 per share – a full 3.4% over last year's matching quarter. Year-to-date net income attributable to common share holders was $50.4 million or $0.78 per share – 2.6% up from 2012 figures. Quarterly revenues were up 8.8% to $179.9 million with growth topping at 9.9%.
Stillwater Mining (T.SWC.U, StockForum) announces third quarter results with a 2.2% reduction in mine production of palladium, platinum at Montana mines totaling 124,200 ounces. Volumes from processed recycled materials (PGMs) yielded increased total volumes of 74.1% to 167,500 ounces.
DEQ Systems (V.DEQ, StockForum) reports third quarter results with 29% increase in product rental revenue for the quarter amounting to $1.445 million. Recurring revenue also rose 25% to $1.741 million, making a total quarterly revenue increase of 25% to $1.764 million. Nine month data shows a 30% increase in product rental revenue over 2012 with $3.981 million and a 23% increase in total recurring revenue with $4.849 million, making a 27% increase in total revenue at $5.077 million.
ONEnergy (V.OEG, StockForum), formally Look Communications, opens books on fourth quarter and shows a 477% increase in cash and short-term investments totaling $22.96 million. Gross revenue came in at $0.11 million with a gross margin of $0.04 million. Operating expenses came up 16.3% to $1.65 million. Net loss for the quarter was $1.56 million.
Atrium Mortgage Investment (T.AI, StockForum) announces third quarter results showed total assets of $276 million with earnings per share up 9% to $0.22 per share. First mortgage ratio climbs to 88% of portfolio with 96% of all loans being less than or equal to 75% loan to value, the remaining 4% totaled $1 million. Overall portfolio loan to value dropped 62.6% while average mortgage interest was 8.7%.
CGX Energy (V.OYL, StockForum) releases unaudited third quarter results with a net gain of $10,220,761 or $0.13 per share diametrically opposing 2012's net loss of $4,250,877 or $0.11 per share. Cost cutting measures have produced a 41% reduction in general and administrative costs to $633,762.
Versatile Systems (V.VV, StockForum) reports fourth quarter and year-end results with quarterly revenues dipping 2.9% from $8,832,150 to $8,584,095. Gross profit was also down, dropping to $$1,050,994 or 12.2% of sales compared to $1,942,201 or 22.0% of sales for the same quarter last year. Research and development was also up to $339,273 from $208,356. Total deferred revenue was $6,835,938 and is expected to be recognized over the next four quarters.
Brookfield Office Properties (T.BPO, StockForum) announces third quarter results with funds from operations (FFO) totaling $167 million or $0.29 per diluted common share, compared to the 2012 figure of $164 million. Net attributable income dropped to $223 million or $0.38 per diluted share from $376 million or $0.66 per share. Commercial property net operating income fell slightly from $345 million in the matching 2012 quarter to $344 million. Share common equity rose to $21.03 from $19.80 making a earning per diluted share total of $2.00, representing a 13% annualized return.
ZoomerMedia (V.ZUM, StockForum) brings out fourth quarter and year-end results with matching revenues for 2013 and 2012 quarters of $15.1 million, however quarterly operating expenses were up 16% to $13 million from $10.9 million in 2012. EBITDA for the quarter halved to $2.1 million from 2012. All of this resulting in a quarterly net income of $3.3 million – up 64% from $1.2 million in 2012. Overall yearly totals remained similar with the exception of yearly net income which was up to $5.3 million from $3.6 million in 2012.