|
Market Closed –
|
5-day change | 1st Jan Change | ||
|
4.000 CAD |
+6.67% |
|
+4.44% |
+43.88% |
November 05, 2024 at 06:19 pm EST
Swiss Water Decaffeinated Coffee Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was CAD 41.78 million compared to CAD 32.63 million a year ago. Net loss was CAD 0.791 million compared to CAD 0.417 million a year ago. Basic loss per share from continuing operations was CAD 0.08 compared to CAD 0.05 a year ago. Diluted loss per share from continuing operations was CAD 0.08 compared to CAD 0.05 a year ago.
For the nine months, sales was CAD 123.88 million compared to CAD 125.04 million a year ago. Net loss was CAD 0.744 million compared to CAD 1.49 million a year ago. Basic loss per share from continuing operations was CAD 0.08 compared to CAD 0.16 a year ago. Diluted loss per share from continuing operations was CAD 0.08 compared to CAD 0.16 a year ago.
Swiss Water Decaffeinated Coffee Inc. is a Canada-based specialty coffee company and a green coffee decaffeinator that employs the Swiss Water Process to decaffeinate green coffee without the use of solvents, such as methylene chloride. The Company also owns Seaforth Supply Chain Solutions Inc., which is a third-party green coffee handling and storage operation providing integrated and efficient coffee handling services to Swiss Water and other coffee importers and coffee roasting companies who receive or store green coffee in the Metro Vancouver area. The Company operates in three geographical areas: Canada, the United States and other international markets. Its coffee brands include Equator Coffees, DOMA, Talking Crow Coffee Roasters, Three Keys Coffee, Roast House Coffee, Kuma Coffee, Numa Coffee Co., Bridge City Coffee, Java Pura Coffee Roasters, Savorista, Numa Coffee Co., Cafe Grumpy, Barista Alley, and Blue Spruce Decaf Coffee Co.
