Mr. John McAllister reports
EXTENWAY SOLUTIONS INC. ANNOUNCES FILING OF FINANCIAL STATEMENTS
Extenway Solutions Inc. has filed its financial statements for the quarter and year ended April 30, 2014, together with the related management discussion and analysis. These documents are available at SEDAR.
In the three months ended April 30, 2014, Extenway had sales of $216,997 and a net loss of $1,529,570, compared with sales of $107,753 and a net loss of $1,140,914 in the same period of the prior year. In the year ended April 30, 2014, the company had sales of $563,230 and a net loss of $4,970,236, compared with sales of $367,815 and a net loss of $3,334,001 in the prior year. The current quarter and year include a non-recurring asset impairment charge of $261,000.
John McAllister, president and chief executive officer, stated, "Following the end of the quarter, the company announced that it had been awarded the Arthabaska hospital."
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