Personas Social Announces Filing of First Quarter 2021 Interim Financial Statements | Your money
TORONTO – (BUSINESS WIRE) – May 31, 2021 –
Personas Social Incorporated (TSX.V: PRSN) (the ” Company “) Announces that the interim consolidated financial statements (” FinancialStatements “) And the management report (” Management report ”) For the 3 months ended March 31, 2021, are now available on the company profile on SEDAR ( www.sedar.com ).
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Q1 2020 vs Q1 2021 revenue (Graph: Business Wire)
Some financial highlights of the financial statements are as follows:
- The Personas Social platform generated gross income of $ 971,818 during the 3 months ended March 31, 2021, compared to $ 521,141 for the 3 months ended February 29, 2020; representing an increase in revenues of $ 450,677 or 87%.
- GAAP net loss decreased to $ 70,800 for the 3 months ended March 31, 2021, from $ 1,426,588 for the 3 months ended February 29, 2020; representing a decrease in losses of $ 1,355,788 or 95%.
- GAAP net loss per share was $ 0.0002 for the 3 months ended March 31, 2021, compared to $ 0.0048 for the 3 months ended February 29, 2020.
Certain information provided in this press release is taken from the financial statements and the management report of the company for the 3 months ended March 31, 2021 and should be read in conjunction. It is only in the context of the full information and disclosures contained in the financial statements and MD&A that an investor can properly analyze this information.
For more information and to open a free account with the company, please visit www.personas.com
This press release contains statements that may constitute “forward-looking” statements, generally containing the words “believe”, “estimate”, “plan”, “anticipate”, “plan”, “intend”, “anticipate” , “Projects”, “potential” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from forward-looking statements. Forward-looking statements are statements that are not historical facts. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Significant factors that could cause actual results to differ materially from the Company’s expectations are the risks detailed from time to time in the Company’s filings with securities regulations. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release, and the company will publicly update or revise any of the included forward-looking statements, as expressly required by Canadian securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this communicated.
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CONTACT: Personas Social Incorporated
Chairman and CEO
KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT SOCIAL COMMUNICATIONS MEDIA TECHNOLOGY SOFTWARE FINANCE
SOURCE: Personas Social Incorporated
Copyright Business Wire 2021.
PUB: 05/31/2021 6:43 p.m. / DISC: 05/31/2021 6:43 p.m.
Copyright Business Wire 2021.