CIBL, Inc. Reports (Unaudited) Third Quarter Operating Results
CIBL INC (CIBY)
Company Research
Source: Business Wire
RENO, Nev.--(BUSINESS WIRE)--CIBL, Inc. (“CIBL” or the “Company”; OTC Pink ®: CIBY) announces unaudited results for the quarter ended September 30, 2024, of its operations which consist of Bretton Woods Telephone Company and World Surfer, Inc. providers of broadband and communication services in Northern New Hampshire (“New Hampshire Operations”).For the three months ended September 30, 2024, the New Hampshire operations increased revenues 10.3% to $524,000 from the $475,000 for the previous year’s third quarter, while EBITDA, before corporate expenses, was up 37.6% to $150,000 as compared to $109,000 in 2023.Balance Sheet HighlightsCash and Liquid InvestmentsSeptember 30,2024December 31,2023September 30,2023Cash and cash equivalents$1,298$1,252$1,798Investments in US Treasury Bills18,69119,04618,378Investment in available for sale equity securities276551667Investment in equity method limited partnership1,7211,8781,849Total cash and liquid investments$21,986$22,727$22,692Shares Ou
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