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Orbite Technologies Ord Shs Class A
Market news
Financials
Income Statement
Revenue
Net income
| (CAD) | 2016info | Y/Y change |
|---|---|---|
Revenue | — | — |
Operating expense | 7.74M | -2.36% |
Net income | -9.96M | 35.23% |
Net profit margin | — | — |
Earnings per share | — | — |
EBITDA | -10.89M | 11.57% |
Effective tax rate | 2.87% | — |
Balance Sheet
Total assets
Total liabilities
| (CAD) | 2016info | Y/Y change |
|---|---|---|
Cash and short-term investments | 2.30M | -11.28% |
Total assets | 171.13M | 19.78% |
Total liabilities | 53.28M | 35.22% |
Total equity | 117.85M | — |
Shares outstanding | 468.28M | — |
Price to book | 0.00 | — |
Return on assets | -4.91% | — |
Return on capital | -5.32% | — |
Cash Flow
Net change in cash
| (CAD) | 2016info | Y/Y change |
|---|---|---|
Net income | -9.96M | 35.23% |
Cash from operations | -9.19M | 24.89% |
Cash from investing | -21.84M | -654.34% |
Cash from financing | 31.06M | 123.74% |
Net change in cash | 23.00K | 101.83% |
Free cash flow | -24.96M | 39.42% |
About
Orbite Technologies Inc. was a Canadian cleantech company based in Montreal, Canada. It specialized in extracting processes for mining industry, especially alumina extraction. Its main asset is the Orbite process which can be used as a cheaper and pollution-free replacement of the Bayer process as well as a way to treat red mud. In April 2017, the company declared bankruptcy, due to ongoing delays and issues relating to its construction of a new plant in Cap-Chat, Quebec. As of January 2018, the bankruptcy process was still ongoing. As of 2022 the company has rebranded itself as Advanced Energy Minerals, and claims to be manufacturing high purity alumina at its new Cap-Chat plant. Wikipedia
Founded
1983
Website
Employees
85
