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Article: Appulse Corporation: Reporting Results for the Six Months Ended June 30, 2009.
- Article from:
- Marketwire Canada
- Article date:
- August 18, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CALGARY, ALBERTA, Aug 18, 2009 (Marketwire via COMTEX) -- Appulse Corporation ("Appulse") (TSX VENTURE:APL) today reported revenues of $ 2,705,000 for the six months ended June 30, 2009, compared to $ 3,108,000 for the same six-month period of the previous year. The Corporation reported a net loss of $ 275,000 for the first six months of 2009, compared to a net loss of $ 90,000 for the same period of the previous year. The negative operating cash flow for the six-month period of $ 247,000 compares to a positive operating cash flow of $ 38,000 for the same period of 2008.
The decrease in revenue for the period is attributed to a low level of centrifuge machine ...