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POWERBAND SOLUTIONS - PWWBF STOCK NEWS

Welcome to our dedicated news page for POWERBAND SOLUTIONS (Ticker: PWWBF), a resource for investors and traders seeking the latest updates and insights on POWERBAND SOLUTIONS.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect POWERBAND SOLUTIONS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of POWERBAND SOLUTIONS's position in the market.

Rhea-AI Summary
PowerBand Solutions (PBX) Announces Successful Results of Annual General and Special Meeting of Shareholders
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PowerBand Solutions (TSXV:PBX)(OTCQB:PWWBF)(Frankfurt:1ZVA) announced the filing of its Interim Consolidated Financial Statements and Management's Discussion and Analysis report for the three and nine-month period ended September 30, 2023. Revenue for Q3 2023 was $555,398, consistent with Q2 revenue of $497,549. The company had no new lease originations in Q2 and Q3, with revenues generated from servicing the existing lease portfolio. Adjusted EBITDA loss for Q3 2023 decreased by $332,395 compared to Q2 2023. Cash on hand as of September 30, 2023, was $4,209,210, down from $10,299,414 as of December 31, 2022. The company is engaging with funding partners to re-commence lease origination.
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PowerBand Solutions (PBX) Announces Resignation of Board Member Geoffrey Belsher, CEO Darrin Swenson Expresses Gratitude - PowerBand Solutions, a leading e-commerce solution for vehicle leasing and financing, announced the resignation of board member Geoffrey Belsher. CEO Darrin Swenson expressed gratitude for Belsher's contributions.
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22.22%
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PowerBand Solutions announces Q2 2023 financial results with decreased revenue and increased net loss
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PowerBand Solutions has filed its Interim Consolidated Financial Statements and Management's Discussion and Analysis report for Q1 2023. Revenue for Q1 2023 decreased to $838,693 compared to $2,054,728 in Q4 2022 and $5,962,029 in Q1 2022. Adjusted EBITDA loss decreased by 6% in Q1 2023 compared to Q4 2022. Cash on hand as of March 31, 2023, was $11,602,780.
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POWERBAND SOLUTIONS

OTC:PWWBF

PWWBF Rankings

PWWBF Stock Data

8.02M
213.10M
30.31%
Software Publishers
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United States of America
Burlington