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XID iShares India Index ETF

55.98
-0.25 (-0.44%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
iShares India Index ETF TSX:XID Toronto Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.25 -0.44% 55.98 55.78 56.14 56.22 55.97 56.19 3,304 21:00:00

Xianburg Data Systems Reports Financial Results for the First Quarter of Fiscal 2013

04/09/2013 12:08am

Marketwired Canada


Xianburg Data Systems Canada Corporation (the "Company") today announced its
financial results for the Fiscal 2013 first quarter ended March 31, 2013 ("FY
2013 Q1"). All amounts are reported in Canadian dollars unless otherwise stated.


Selected highlights of the FY 2013 Q1: 

Financial:  



--  Revenue of $541K, an increase of 4% compared to $521K for the same
    period last year.  
--  Adjusted EBITDA (a non-IFRS term) was $21K, an decrease of $24K compared
    to $45 for the same perion last year. The Company uses adjusted EBITDA
    (a non-IFRS financial measure) internally to make strategic decisions,
    forecast future results and evaluate its performance, defined as net
    income before interest, income taxes, depreciation, amortization, stock
    option compensation expenses, foreign currency loss, and minority
    interest. 
--  Gross margin of $251K (46% of revenue) an increase of 26% compared to
    $199K (38% of revenue) for the same period last year.  
--  Net loss was $94K, an increase of $25K compared to a net loss of $68K
    for the same period last year. 

                                                                         
Revenue                                                  541K        521K
                                                                         
Net income                                              (94K)       (25K)
                                                                         
Net earnings (loss) per share, basic and diluted     ($0.006)    ($0.002)



About Xianburg Data Systems Canada Corporation 

The Company, through its wholly-owned subsidiary Xianburg Data Systems (Canada)
Inc., governs and administers the operating entity Xianburg International Data
Group Co., Ltd. ("XID"), a Chinese based operating company, and earns
substantially all of its income from XID. XID is an IT products and services
firm based in Xi'an and Beijing, PRC, and it is recognized as a leader in China
in providing mass data storage and disaster recovery solutions. XID believes
that it has held a position of advantage over its competitors in providing big
data systems solutions since 2010. XID has published more than 200 volumes of
economic, cultural and business databases and it is a leading publisher of such
databases in China. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Xianburg Data Systems Canada Corporation
Farhan Rhemtulla
Director of Investor Relations
604-781-3693

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