TORONTO–(BUSINESS WIRE)–Adya Inc. (“Adya” or the “Company”), (TSX-V: ADYA) today announces it
has released its unaudited condensed interim consolidated financial
statements for the three and six months ended June 30, 2018.
SUMMARY OF SELECTED FINANCIAL AND OPERATIONAL HIGHLIGHTS
The following Summary of Selected Financial and Operational Highlights
have been derived from the unaudited condensed interim consolidated
financial statements for the three and six months ended June 30, 2018
and June 30, 2017 and the MD&A for the three and six months ended June
30, 2018 (the “Financial Statements”). Readers are encouraged to review
the entire Financial Statements. All amounts are in Canadian dollars.
|Three months ended June 30,||Six months ended June 30,|
|Gross Margin %||42%||43%||42%||42%|
|Loss per share – basic and diluted||$||(0.00)||$||(0.00)||$||(0.00)||$||(0.01)|
A complete financial reporting package, including the Unaudited
Condensed Interim Consolidated Financial Statements and Notes and MD&A
for the three and six months ended June 30, 2018, is available on our
corporate website (www.adya.ca),
at SEDAR website (www.sedar.com)
or via email to [email protected]
or via phone at 416-499-5463.
Adya is a publicly traded holding company and currently a strategic
shareholder in telecommunications and technology companies. With offices
located in Toronto, Canada, the Company is focused on diversifying its
portfolio through the acquisition of accretive businesses, with
recurring revenue, high shareholder value, and annuity revenue streams.
DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS
Certain statements herein may be “forward looking” statements that
involve known and unknown risks, uncertainties and other factors that
may cause the actual results, performance or achievements of Adya or the
industry to be materially different from any future results, performance
or achievements expressed or implied by such forward-looking statements.
Forward looking statements involve significant risks and uncertainties,
should not be read as guarantees of future performance or results, and
will not necessarily be accurate indications of whether or not such
results will be achieved. A number of factors could cause actual results
to vary significantly from the results discussed in the forward looking
statements. These forward looking statements reflect current assumptions
and expectations regarding future events and operating performance and
are made as of the date hereof and Adya assumes no obligation, except as
required by law, to update any forward looking statements to reflect new
events or circumstances.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Mr. Rajiv Jagota, 416-499-5463