Equity Financial Holdings (T.EQI, StockForum) announced third quarter results with record mortgage originations rising 148% to $104 million from the matching 2012 quarter and originations climbing 43% from the preceding quarter. Management portfolio came in at $357 million, up 115% year-over-year. There was a net loss for the quarter of $175,000 compared to the net loss of $423,000 reported in the matching 2012 quarter.
Fortress Paper (T.FTP, StockForum) opened books on third quarter with an adjusted net loss from continuing operations of $15.6 million or diluted loss per share of $1.07 on sales of $53.2 million compared to the $20.6 million net loss or diluted loss of $1.42 per share on sales of $59.9 million noted in the preceding quarter. All of this left the company with a final net loss for the quarter of $13.427 million.
Painted Pony Petroleum (T.PPY, StockForum) released third quarter results with $25.2 million in petroleum and natural gas revenue, up from $16.9 million reported in the matching 2012 quarter. Nine-month revenues were also up to $74.6 million from $51.5 million listed for the same period in 2012. Funds flow from operations also rose from $8.5 million in Q3 2012 to $12.2 million with nine-month figures also up to $38.9 million from $27.0 million for the same 2012 period.
Rocky Mountain Dealerships (T.RME, StockForum) revealed third quarter results with revenues increasing 10.1% to $272.6 million. Equipment inventory dropped by $78 million and the company generated an all-time record $20.1 million in cash with a balance of $42.6 million. Gross profit came to $38.7 million and made up 14.2% of sales. Diluted earnings per share for the quarter were $0.31.
Alterra Power (T.AXY, StockForum) put out third quarter results with total quarterly revenues for Orka facilities coming to $8.8 million up from $8.3 million reported in the matching 2012 quarter. While revenues for Montrose facilities dropped from $16.2 million recorded in the same quarter in 2012 to $12.1 million. Gross profit at Orka also fell to $2.1 million from $2.4 million reported in the Q3 2012, with Montrose following suit dropping $3.8 million from Q3 2012 to $9.3 million.
Caledonia Mining (T.CAL, StockForum) announced third quarter results with quarterly gold sales totaling 12,042 ounces at an average sales price of $1,330 per ounce of gold. Gross profit came in at $7.7 million – a $1.1 million drop from the previous quarter and a $4.9 million drop from the same quarter in 2012. Net profits attributable to shareholders came to $3.7 million, up $0.7 million from Q2 2013 and $10.9 million up from the net loss reported for the matching 2012 quarter.
Crocotta Energy (T.CTA, StockForum) reports third quarter results with production increasing 24% to 8,596 boe/d up from 6,945 boe/d in the matching 2012 period. Oil and natural gas sales totaled $26.95 million for the quarter compared to $17.92 million recorded in the same quarter in 2012, while nine-month sales rose 45% to $80.37 million from $55.58 million listed for the matching 2012 period. Quarterly net earnings came to $975,000 up from a net loss of $3.9 million reported in Q3 2012.
Canlan Ice Sports (T.ICE, StockForum) put out third quarter results with total revenues dropping 1% from $15.23 million recorded in the previous quarter to $15.09 million. EBITDA plunged 109% from $185,000 reported in Q2 2013 to a net loss of $17,000 with a resulting net loss per share of $0.12 from a net loss of $0.09 per share in the previous quarter – a 33% drop.
Metro (T.MRU.A, StockForum) filed fourth quarter and year-end results with sales of $2.61 billion for the quarter, down from $2.6 billion reported in the matching 2012 period. Year-end sales dropped 0.4% from $11.45 billion listed in 2012 to $11.40 billion. Adjusted net earnings for the quarter totaled $113 million, up 4.3% from $112.8 million recorded in the matching 2012 quarter, while year-end net earnings climbed 4.2% to $478.4 million from $460.5 million reported in 2012.
Computer Modelling Group (T.CMG, StockForum) revealed second quarter results with annuity/maintenance software licenses climbing 9% from $12.01 million in Q2 2012 to $13.15 million. Prepetual software licenses dropped 32% to $1.82 million from $2.67 million reported in the matching 2012 quarter. Total revenue was up 7% from $16.07 million in Q2 2012 to $17.18 million with net income also jumping 5% to $5.6 million from $5.3 million in the matching 2012 period.