TMCnet News
JEMTEC 2021 Year End & Financial UpdateJEMTEC INC.TSX- V: JTC VANCOUVER, BC, Nov. 26, 2021 /CNW/ - JEMTEC Inc. (TSXV: JTC) (the "Company") is pleased to provide an update on its performance for the year ended July 31, 2021 and the Companies improving financial situation, with no debt, strong liquidity and net worth. Y/E Revenues Y/E Expenses Y/E Income Tax Y/E Net Income Y/E Liquidity Eric Caton, President and CEO said, "We are very pleased with the Year End results and we continue to see a profitable and stable path ahead with the Company well positioned to grow its core business and increase market share." Jemtec has provided a full spectrum of monitoring technologies and serv ices to provincial and federal correctional and border services across Canada since 1987 and in doing so has built a reputation for offering the best technological solutions and support for use in this demanding environment. FORWARD-LOOKING STATEMENTS This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward - looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Jemtec Inc. |