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AirIQ Inc.: AirIQ Announces December 31, 2020 Quarterly Results; Reports Double Digit Growth in Recurring Revenue


(2)
TORONTO, ON / ACCESSWIRE / February 11, 2021 / AirIQ Inc. ( AirIQ ) (TSXV:IQ), a supplier of wireless asset management services, today announced its financial results for the three months and nine months ended December 31, 2020, reporting increases in recurring revenue of 11%, total revenue of 4%, gross profit of 13%, gross margin of 6%, operating profits of 16%, net income of 15%, cash balance of 5% and working capital of 6%, when compared to the same period the previous year.
We are very pleased with our results this quarter, representing increases in almost all of our key operating metrics, stated Michael Robb, President and Chief Executive Officer of the Company. Despite the ongoing uncertainty due to the COVID-19 pandemic, the Company continues to move forward through the dedicated work of our team and the broadening of our product offering, such as the previously announced camera and battery operated devices, continued Mr. Robb. ....

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Restrictions on Discretionary Payments - CBSL


Sunday, 24 January 2021 - 8:36
The Monetary Board of the Central Bank of Sri Lanka having considered the possible adverse impact on liquidity and other key performance indicators of licensed commercial Banks and licensed specialised banks due to the covid-19 outbreak and the importance of maintaining appropriate levels of liquidity and capital buffers have issued a set of direction for restriction on discretionary- payments of licensed banks. 
Therefore, licensed banks are directed for the following;
1. Defer payment of dividends until the financial statements of 2020 are finalised and audited by its external auditor.
2. Shall defer repatriation of profits not already declared for financial years 2019 and 2020 until all the financial statements of 2020 are finalised and audited by its external auditor. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20150710:06:44:00

Who killed usama bin laden rob o neill. thank you for having me. what do you make of cutting 40,000 troops when terror threats are up? well, it s not a big secret. they saw it coming. we need to cut the budget somehow just because of what our friends at the pentagon, you know are dealing with with the cuts and the way they decided to do it was to get rid of the troops. there is better way to cut the budget. right now we are concerned about trying to see how we can fuel air cavity carriers and jets with algae making a greener navy. cutting all these troops. this is what the problems that we can see right now. what about the threats that we don t see. you can t just raise an army overnight. cut 40,000 troops. down to cutting 21% of what we had in 2012. this is a bad idea right now. think back to 1938 the munich agreement when neville chamberlain we are all at peace now he would approve of this. they shouldn t be doing it. what would you do? would you you hold the status quo? how ....

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