Omni-Lite Industries Canada Inc. (OML.V)
- GlobeNewswire
OMNI-LITE INDUSTRIES REPORTS FIRST QUARTER FISCAL 2022 RESULTS AND ANNOUNCES CONFERENCE CALL FOR INVESTORS TO BE HELD ON MAY 26, 2022
LOS ANGELES, CALIFORNIA, May 25, 2022 (GLOBE NEWSWIRE) -- First Quarter Fiscal 2022 Revenue of US$2.4 million, compared to US$1.3 million in the First Quarter Fiscal Year 2021; Organic Growth Rate of approximately 8%Adjusted EBITDA(1) Improvement of 17%, on a Quarterly Sequential BasisBacklog at US$2.5 million, an Increase of 7% from December 31, 2021Issued 1 million Common Shares in a Private Placement Generating Proceeds of US$986,000Cash balance of US$3.2 million and Debt-Free Balance Sheet T
- GlobeNewswire
OMNI-LITE INDUSTRIES REPORTS FOURTH QUARTER AND FISCAL 2021 RESULTS PRELIMINARY FIRST QUARTER FISCAL 2022 REVENUE PERFORMANCE APPOINTMENT OF CHIEF FINANCIAL OFFICER SUCCESSOR AND CONFERENCE CALL FOR INVESTORS TO BE HELD ON MAY 3, 2022
Fourth Quarter Fiscal 2021 Highlights Revenue of US$1.7 million, Up 29% Year-over-YearClosed Sale/Leaseback of its California Facility, Generating Gross Proceeds of US$6.6 millionAcquired Design Precision Castings (“DP Cast”) for Stock and Cash ConsiderationEnded Quarter with Cash Balance of approximately US$2.4 million, and Debt-FreeBookings of US$1.3 million up 39% over Year Ago; Quarter Year End Backlog of US$2.3 million Fiscal Year 2021 Highlights Fiscal 2021 Revenue of US$5.8 million, Down
- GlobeNewswire
Omni-Lite Industries Announces Closing of Previously Announced Private Placement
LOS ANGELES, CALIFORNIA, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Omni-Lite Industries Canada Inc. (“Omni-Lite” or the “Company”) (TSXV: OML OTCQX: OLNCF) is pleased to announce, further to its press release issued on December 20, 2021, it has completed a private placement offering for aggregate gross proceeds of C$1,250,000 (the "Offering"). Pursuant to the Offering, the Company issued an aggregate of 1,000,000 common shares of the Company at a price of C$1.25 per common share to Candeco Realty Limite
