Zefiro Methane Corp. Announces Quarterly Earnings with Record Revenue of USD $10 Million and Record Gross Profit of USD $3.3 Million [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
FORT LAUDERDALE, Fla., Nov. 14, 2024 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB US: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) today announced the Company's consolidated financial results for the fiscal quarter ended September 30, 2024 (“FQ1”). Generated record revenues of $10.0 million USD, an approximate 7% increase from the quarter ending June 30, 2024, and 26% compared to quarter ending September 30, 2023. Record gross profit of $3.3 million USD (approximate 33% gross profit margin). $460,297 USD of adjusted earnings before interest, taxes, depreciation, and amortization (“Adjusted EBITDA”) (See “Non-IFRS Financial Measures” below), an approximate increase of 107% compared to quarter ending June 30, 2024. Please refer to Zefiro's SEDAR+ profile at www.sedarplus.ca/ for full filings containing these financial results. Zefiro Founder and Chief Executive Officer Talal Debs PhD commented, “Zefiro's business momentum is accelerating
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