Message :
Required fields
Calgary, Alberta (Newsfile Corp. - March 11, 2021) - Circa Enterprises Inc. (TSXV: CTO) (the Company or Circa ), a manufacturer of equipment for the telecommunication, electrical utility, and construction industries, reports results of operations for the fourth quarter and year ended December 31, 2020.
Summary of fourth quarter operating results:
Q4 2020 sales of $7.8 million, an increase of $0.9 million or 12.1% from Q4 2019 sales of $6.9 million
Profit for the period from continuing operations for Q4 2020 of $302,000, or $0.03 per share compared to profit from continuing operations of $539,000, or $0.05 per share for Q4 2019
Q4 2020 EBITDA of $0.9 million, a decrease of $0.3 million compared to Q4 2019 EBITDA of $1.2 million (see below for explanation and calculation of EBITDA)