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FY2018 Annual Report: BSM Technologies reports Loss of CAD20.1m ($US15.5m) Corporate Wire Date: 31 December 2018 22:34 EST

Jan 01, 2019 - News Bites Canadian Markets
Financial Results


BSM Technologies (TSX:GPS) reported a loss for the year-ended 30 September 2018 of CAD20.1m ($US15.5m).

Major changes compared with previous year:

Favourable Changes:

- Total Liabilities to Operating Cash Flow of 2.4 compares favourably with the Joseph Piotroski benchmark of less than 4. This ratio has improved by 43.4% from the previous year's ratio of 4.2.

- Total current assets to Total Assets up from 27% to 28.9%

- Current ratio up 41.1% ...