Press Release: AgJunction Reports Third Quarter -2-
Press Release: AgJunction Reports Third Quarter -2-
this press release.
這份新聞稿。
In respect of the forward-looking information, AgJunction has provided such information in reliance on certain assumptions that it believes are reasonable at this time, including, but not limited to, the sufficiency of budgeted capital expenditures in carrying out planned activities; impact (and duration thereof) that the COVID-19 pandemic will have on the Company's business, including on demand for the Company's products; effects of regulation by governmental agencies; that AgJunction's future results of operations will be consistent with management expectations in relation thereto; availability of key supplies, components, services, networks and developments; the impact of increasing competition; conditions in general economic, agricultural and financial markets; demand for the Company's products; the continuity of existing business relationships; that the arrangement will be completed on the terms contemplated by the arrangement agreement; the ability of the parties to receive, in a timely manner and on satisfactory terms, the necessary regulatory, court, shareholder, stock exchange and other third party approvals for the arrangement; the ability of the parties to satisfy, in a timely manner, the other conditions to the closing of the arrangement; and other expectations and assumptions concerning the arrangement.
在前瞻性信息方面，雅捷基於其認為目前是合理的某些假設提供了這些信息，這些假設包括但不限於：預算中的資本支出在開展已規劃的活動方面是否充足；新冠肺炎疫情對公司業務(包括對公司產品的需求)的影響(及其持續時間)；政府機構監管的影響；雅捷未來的經營業績與管理層對相關預期的一致；關鍵供應、部件、服務、網絡和發展的可用性；競爭加劇的影響；條件。本公司對本公司產品的需求；現有業務關係的連續性；安排將按安排協議預期的條款完成；訂約方及時並以令人滿意的條款獲得必要的監管、法院、股東、證券交易所和其他第三方對安排的批准的能力；訂約方及時滿足結束安排的其他條件的能力；以及有關安排的其他預期和假設。
Since forward-looking information addresses future events and conditions, such information by its very nature involves inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to the risks associated with the industries in which AgJunction operates, the COVID-19 pandemic and its impacts on the Company including our products; our supply chain and our ability to receive products on a timely basis from our global suppliers; a prolonged economic downturn from the negative effects of COVID-19 pandemic may result in reduction of revenue, cashflows and negatively affect our profitability; competition; inability to introduce new technology and new products in a timely manner; legal claims for the infringement of intellectual property and other claims; negative conditions in general economic, agricultural and financial markets; reduced demand for the Company's products; and completion of the arrangement is subject to a number of conditions which are typical for transactions of this nature, certain of which are outside the control of AgJunction, failure to satisfy any of these conditions, the emergence of a superior proposal or the failure to obtain approval of AgJunction's shareholders may result in the risk that the arrangement agreement is terminated. Readers are cautioned that the foregoing list of factors is not exhaustive.
由於前瞻性信息涉及未來事件和情況，此類信息本質上包含固有的風險和不確定性。由於一些因素和風險，實際結果可能與目前預期的大不相同。這些風險包括但不限於與雅捷經營的行業相關的風險，新冠肺炎疫情及其對公司(包括我們的產品)的影響；我們的供應鏈和我們及時收到全球供應商產品的能力；新冠肺炎疫情的負面影響導致經濟長期低迷可能導致收入、現金流減少並對我們的盈利能力產生負面影響；競爭；無法及時推出新技術和新產品；侵犯知識產權和其他索賠的法律索賠；一般經濟、農業和金融市場的負面狀況；對而安排的完成受制於這類交易的若干典型條件，其中某些條件不在Agunction的控制範圍之內、未能滿足任何這些條件、出現更好的建議或未能獲得Aguncon股東的批准可能導致安排協議終止的風險。提醒讀者，前面列出的因素並不是詳盡的。
Additional information on other factors that could affect the Company's operations or financial results, are included in reports of AgJunction on file with applicable securities regulatory authorities, including but not limited to, AgJunction's Annual Information Form which may be accessed on its SEDAR profile at www.sedar.com. The forward-looking information contained in this press release is made as of the date hereof and AgJunction undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
有關可能影響公司運營或財務業績的其他因素的更多信息包括在提交給適用的證券監管機構的Agunction報告中，包括但不限於Agunction的年度信息表格，該表格可在其SEDAR簡介中查閲，網址為www.sedar.com。本新聞稿中包含的前瞻性信息是截至本新聞稿發佈之日的前瞻性信息，除非適用的證券法要求，否則雅捷公司不承擔公開更新或修改任何前瞻性信息的義務，無論是由於新信息、未來事件還是其他原因。
Contact:
聯繫方式：
Media
媒體
press@agjunction.com
Press@agunction.com
Investor Relations
投資者關係
Gateway Investor Relations
網關投資者關係
Cody Slach or Cody Cree
Cody Slach或Cody Cree
1-949-574-3860
1-949-574-3860
AJX@gatewayir.com
郵箱：ajx@gatewayir.com
AgJunction Inc.
Consolidated Statements of Financial
Position
(Expressed in U.S. thousand dollars)
September 30, December 31,
2021 2020
(unaudited)
--------------------------------------- ---------------- -----------------
Assets
Current assets:
Cash and cash equivalents $ 6,184 $ 6,773
Accounts receivable, net 1,569 2,051
Current portion of notes
receivable, net 820 320
Inventories 7,904 8,694
Contract assets, net - 7
Prepaid expenses and deposits 502 781
--------------------------------------- ------ ------- ------ ------
Total current assets 16,979 18,626
Notes receivable, less current
portion, net 1,300 1,002
Property, plant and equipment, net 901 950
Right-of-use assets, net 587 661
Intangible assets, net 9,540 9,957
Goodwill 143 143
--------------------------------------- ------ ------- ------ ------
Total assets $ 29,450 $ 31,339
--------------------------------------- ------ ------- ------ ------
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable and accrued
liabilities $ 3,341 $ 2,901
Provisions 54 352
Current portion of lease liability 372 368
Current portion of deferred
revenue 3,177 1,288
--------------------------------------- ------ ------- ------ ------
Total current liabilities 6,944 4,909
Deferred revenue, less current
portion 3,630 2,425
Lease liability, net of current
portion 252 334
Total liabilities 10,826 7,668
--------------------------------------- ------ ------- ------ ------
Shareholders' equity:
Share capital 23,495 23,495
Equity reserve 5,340 5,103
Accumulated deficit (10,211) (4,927)
Total shareholders' equity 18,624 23,671
--------------------------------------- ------ ------- ------ ------
Total liabilities and shareholders'
equity $ 29,450 $ 31,339
--------------------------------------- ------ ------- ------ ------
AgJunction Inc.
Consolidated Statements of Profit or
Loss
Three and nine months ended September 30, 2021 and
2020
(Unaudited -expressed in U.S. thousand
dollars)
Three months ended Nine months ended
September 30, September 30,
----------------- --------------------------------------- --------------------------------------
2021 2020 2021 2020
------- ------ ------ ------ ------ ------ ------ ------
Revenue $ 3,744 $ 3,821 $ 9,556 $ 13,623
Cost of sales 1,838 1,922 5,148 6,925
-------------------------- ------ ------ ------ ------ ------ ------ ------
Gross profit 1,906 1,899 4,408 6,698
50.9% 49.7% 46.1% 49.2%
Expenses:
Research and development 1,146 1,250 3,684 3,414
Sales and marketing 572 503 1,664 1,645
General and
administrative 2,507 1,360 5,806 4,719
-------------------------- ------ ------ ------ ------ ------ ------ ------
Total operating expenses 4,225 3,113 11,154 9,778
Operating loss (2,319) (1,214) (6,746) (3,080)
Interest and other income (1) (11) (8) (89)
Gain on loan forgiveness (1,466) - (1,466) -
Foreign exchange (gain)
loss, net (1) 54 12 86
Total other (income)
expenses (1,468) 43 (1,462) (3)
Income tax
benefit - - - -
----------------- ------- ------ ------ ------ ------ ------ ------ ------
Net loss $ (851) $ (1,257) $ (5,284) $ (3,077)
----------------- ------- ------ ------ ------ ------ ------ ------ ------
Loss per share $ (0.01) $ (0.01) $ (0.04) $ (0.03)
----------------- ------- ------ ------ ------ ------ ------ ------ ------
AgJunction Inc.
Condensed Consolidated Statements of
Cash Flows
Three months ended September 30, 2021
and 2020
(Unaudited - expressed in U.S. thousand
dollars)
2021 2020
--------------------------------------- ------- ------ ------ ------
Cash flows used in operating
activities:
Net loss (5,284) $ (3,077)
Items not involving cash:
Depreciation 508 540
美國農業聯合公司(Agunction Inc.)合併財務報表職位(單位：千美元)九月三十日，十二月三十一日， 2021 2020 (未經審計)--------------------------------------- ---------------- ----------------- 資產流動資產：現金及現金等價物$6,184$6,773應收賬款，淨額1,569,051票據的當前部分應收賬款，淨額820 320庫存7,904,8694合同資產，淨額-7預付費用和押金502781--------------------------------------- ------ ------- ------ ------ 流動資產總額16,979 18,626應收票據，現金流較少部分，淨額1,300,002物業、廠房和設備，淨額901 950使用權資產，淨額587661無形資產，淨額為9,540,9957商譽143 143--------------------------------------- ------ ------- ------ ------ 總資產$29,450$31,339--------------------------------------- ------ ------- ------ ------ 負債與股東權益流動負債：應付賬款和應計賬款負債3,341元2,901元條文第54 352條租賃負債的當前部分372368延期的當前部分收入3,177 1,288--------------------------------------- ------ ------- ------ ------ 流動負債總額6944 4909遞延收入，當前較少部分3,630 2,425租賃負債，扣除當期部分252 334總負債10,826,668--------------------------------------- ------ ------- ------ ------ 股東權益：股本23,495 23,495股本公積金5,340 5,103累計赤字(10,211)(4,927)股東權益總額18,624 23,671--------------------------------------- ------ ------- ------ ------ 總負債和股東權益股本$29,450$31,339--------------------------------------- ------ ------- ------ ------ 美國農業聯合公司(Agunction Inc.)合併利潤表或損失截至2021年9月30日的三個月和九個月 2020 (未經審計-以千美元表示美元)截至三個月截至九個月九月三十號，九月三十號，----------------- --------------------------------------- -------------------------------------- 2021 2020 2021 2020 ------- ------ ------ ------ ------ ------ ------ ------ 收入3,744元3,821元9,556元13,623元銷售成本1,838 1,922 5,148 6,925-------------------------- ------ ------ ------ ------ ------ ------ ------ 毛利1,906,899 4,408,698 50.9% 49.7% 46.1% 49.2% 費用：研發1,146 1,250 3,684 3,414銷售和市場營銷572 503 1,664 1,645一般和行政管理2,507 1,360 5,806 4,719-------------------------- ------ ------ ------ ------ ------ ------ ------ 總運營費用4,225 3,113 11,154 9,778營業虧損(2319)(1214)(6746)(3080)利息和其他收入(1)(11)(8)(89)貸款減免收益(1,466)-(1,466)-外匯(收益)虧損，淨額(1)54 12 86其他(收入)合計開支(1,468)43(1,462)(3)所得税利益----------------- ------- ------ ------ ------ ------ ------ ------ ------ 淨虧損$(851)$(1257)$(5284)$(3077)----------------- ------- ------ ------ ------ ------ ------ ------ ------ 每股虧損$(0.01)$(0.01)$(0.04)$(0.03)----------------- ------- ------ ------ ------ ------ ------ ------ ------ 美國農業聯合公司(Agunction Inc.)的簡明合併報表現金流截至2021年9月30日的三個月和2020年(未經審計-以千美元表示美元) 2021 2020 --------------------------------------- ------- ------ ------ ------ 經營中使用的現金流活動：淨虧損(5284)$(3077)不涉及現金的物品：折舊508 540
譯文內容由第三人軟體翻譯。