trending Market Intelligence /marketintelligence/en/news-insights/trending/LzWLkU_jvEpo1Bwj6-jTNQ2 content esgSubNav
In This List

Spot Coffee Q3 loss narrows YOY

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Podcast

Next in Tech | Episode 65: The operations side of AI/ML


Spot Coffee Q3 loss narrows YOY

Spot Coffee (Canada) Ltd. said its third-quarter normalized net income came to a loss of C$130,680, compared with a loss of C$204,820 in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to negative 4.8% from negative 8.3% in the year-earlier period.

Total revenue increased 9.4% year over year to C$2.7 million from C$2.5 million, and total operating expenses rose 6.8% year over year to C$2.8 million from C$2.6 million.

Reported net income totaled C$287,810, or 0 cents per share, compared to a loss of C$326,100, or a loss of 0 cents per share, in the year-earlier period.