Canada Markets close in 1 hr 49 mins

Uniserve Communications Corporation (USSHF)

Other OTC - Other OTC Delayed Price. Currency in USD
Add to watchlist
0.03060.0000 (0.00%)
As of 9:48AM EDT. Market open.
Full screen
Trade prices are not sourced from all markets
Previous Close0.0306
Open0.0306
BidN/A x N/A
AskN/A x N/A
Day's Range0.0306 - 0.0306
52 Week Range0.0306 - 0.0900
Volume1,000
Avg. Volume0
Market Cap231,709
Beta (5Y Monthly)1.17
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
All
News
Press Releases
  • Uniserve reports quarter end results August 31, 2020
    GlobeNewswire

    Uniserve reports quarter end results August 31, 2020

    VANCOUVER, British Columbia, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Uniserve Communications Corporation (“Uniserve”) (TSX.V: USS) a provider of IT solutions and services to business and residential customers in Canada wishes to announce its first quarter fiscal 2021 financial results. Revenues for Q1 FY2021 were $1,885K as compared to $2,587K in Q1 of the prior fiscal year. The first quarter fiscal 2021 Operating loss was $228K compared to an operating loss of $468K for Q1 in the prior fiscal year. Net loss for the first quarter of fiscal 2021 was $260K as compared to a net loss of $395K for Q1 in the prior fiscal year. During the first quarter of FY2021, Uniserve continued to adapt its operations and workforce for the changing economic conditions created by the Covid-19 pandemic. The Company has repositioned for the new economic and work environment and has maintained flexibility to adapt to changing economic conditions. The Company’s focus in fiscal 2021 will be on growth of recurring revenue streams and lean operations.Uniserve Communications Corporation  Consolidated Statements of Comprehensive Loss   (Expressed in Canadian dollars)        Three months ended  August 31, 2020  August 31, 2019       Revenue$1,885,476 $2,587,398  Cost of revenues 1,137,724  1,561,804    747,752  1,025,594      Expenses   Operations and service delivery expenses 745,935  968,150  Sales and marketing 104,349  286,275  Amortization of property and equipment 105,427  177,038  Amortization of intangible assets 20,081  61,966    975,792  1,493,428      Operating Loss (228,040) (467,834)     Other Expenses (Income)   Finance charges 59,489  74,784  Gain on foreign exchange (27,104) (13,402) Gain on settlements and reversals of debts -  (133,914)   32,385  (72,532)     Net and Comprehensive Loss for the Period$(260,425)$(395,302)     About Uniserve Uniserve Communications Corporation is a 2018 TSX Venture top 50 performance company. Uniserve is a unified communications company which has been in business for 30 years, combining voice, data and media services all into one seamless solution, one bill and one point of contact.Uniserve prides itself on world class customer service based in Canada. When all else is equal, clients can trust Uniserve to have a great price, a great experience and to be a company that customers enjoy working with – we call it “ONE click, call, connect”.This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.Learn more at www.uniserve.com or at www.sedar.com.Walter Schultz Chairman of the BoardFor more information please call 604-395-3961 or email corporate.relations@uniserveteam.com.Neither TSX Venture Exchange nor its Regulations Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Management has prepared this release and no regulatory authority has approved or disapproved the information contained herein. The statements contained in this news release that are not historical facts are forward looking statements. Such statements are based on management’s estimates, assumptions and projections using available information. Uniserve cautions that actual financial results could differ materially from the current expectations due to a number of factors.

  • GlobeNewswire

    Uniserve reports results for fiscal year ended May 31, 2020

    VANCOUVER, British Columbia, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Uniserve Communications Corporation (“Uniserve”) a provider of IT solutions and services to business and residential customers in Canada wishes to announce its annual fiscal 2020 financial results.   Revenues for fiscal 2020 were $12,359K as compared to $12,251K for the prior fiscal year, an increase of 1%. The annual fiscal 2020 Operating loss was $1,632K compared to an operating loss of $2,507K for the prior fiscal year. Net loss for fiscal 2020 was $3,496K as compared to $3,009K for the prior fiscal year. Included in the current year Net Loss were impairment charges totaling $1,772K. During the year Uniserve focused on reducing operational costs and improving processes across the organization.      Uniserve Communications Corporation    Consolidated Statements of Comprehensive Loss    (Expressed in Canadian dollars)           Year ended May 31,    2020  2019       Revenue  $12,358,516  $12,251,466  Cost of revenues  8,132,964  7,726,165     4,225,552  4,525,301     34% 37% Expenses    Operations and service delivery expenses  3,965,172  5,058,973  Sales and marketing  1,033,588  1,295,709  Amortization of property and equipment  721,592  503,187  Amortization of intangible assets  137,351  174,068     5,857,703  7,031,937       Operating Loss  (1,632,151) (2,506,636)      Other Expenses (Income)    Finance charges  266,792  336,480  Loss on foreign exchange  3,886  137,123  Loss (Gain) on settlements and reversals of debts  (171,714) 28,868  Miscellaneous income  (7,674) -  Impairment of customer relationships  118,500  -  Impairment of goodwill  1,653,657  -     1,863,447  502,471       Net and Comprehensive Loss for the year  ($3,495,598) ($3,009,107)      EBITDA   ($773,208)  ($1,829,381)          About Uniserve Uniserve Communications Corporation is a 2018 TSX Venture top 50 performance company. Uniserve is a unified communications company which has been in business for 30 years, combining voice, data and media services all into one seamless solution, one bill and one point of contact.Uniserve prides itself on world class customer service based in Canada. When all else is equal, clients can trust Uniserve to have a great price, a great experience and to be a company that customers enjoy working with – we call it “ONE click, call, connect”.This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.Learn more at www.uniserve.com or at www.sedar.com.Walter Schultz Chairman of the BoardFor more information please call 604-395-3961 or email corporate.relations@uniserveteam.com.Neither TSX Venture Exchange nor its Regulations Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Management has prepared this release and no regulatory authority has approved or disapproved the information contained herein. The statements contained in this news release that are not historical facts are forward looking statements. Such statements are based on management’s estimates, assumptions and projections using available information. Uniserve cautions that actual financial results could differ materially from the current expectations due to a number of factors.