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File: KBY News Release March 1 2019 Q1 Financial Results.docx
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Kona Bay Technologies Inc
Office 8186, 200-375 Water Street, Vancouver, BC, CANADA V6B 0M9
For Immediate Release TSX Venture: KBY
Kona Bay Technologies Announces Quarterly Financial Results
March 1, 2019, Vancouver, British Columbia - Kona Bay Technologies Inc. (the "Company") announces its unaudited financ
--->ial results for the quarter ended December 31, 2018. Results are in Canadian dollars and were prepared in accordance
--->with International Financial Reporting Standards.
Three Months Ended December 31, 2018
Three Months Ended December 31, 2017
Revenue
$66,039
$46,461
Net income (loss) before other items
$(41,771)
$(121,062)
Net income (loss)
$(41,771)
$486,600
Earnings (loss) per share from continuing operations
$(0.01)
$0.11
The unaudited consolidated financial statements and Management Discussion and Analysis for the quarter ended December
---> 31, 2018 are available at www.sedar.com.
For further information, please contact Vincent Wong, President of the Company at investor.relations@konabaytech.com
FORWARD-LOOKING STATEMENTS: Except for statements of historical fact, all statements in this news release - including,
---> without limitation, statements regarding future plans and objectives of Kona Bay Technologies Inc. - are forward-look
--->ing statements that are subject to various risks and uncertainties. Forward-looking statements are based on current ex
--->pectations and analyses, including the effects of anticipated product, service, and distribution changes and the poten
--->tial benefits of such efforts and activities on the Company's results of operations in future periods. There can be no
---> assurance that such statements will prove to be accurate; actual results and future events could differ materially fr
--->om those anticipated in such statements.
Neither 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.
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