March 13, 2008
CanaDream Corporation Reports Third Quarter Earnings of $1.38 million or 8.36 cents per share
CanaDream Corporation today announced financial results for the six months ended October 31, 2007.
Revenues for the nine months of $14.3 million were 6.96% higher than last year, Cash flow
from operations was $5.08 million ($0.302 per share), up 1.53% from last year and
comprehensive income was $1.38 million, $0.084 per share, compared to comprehensive
income of $1.13 million, $0.068 per share last year.February 6, 2008
CanaDream Corporation Acquires Land and Building
CanaDream Corporation has exercised its option to purchase the land and building it currently leases at 2510 27 Street N.E. Calgary.
The purchase price under the option is $1.825 million, while the current appraised value at January 15, 2008 is $3.3 million...
December 18, 2007
CanaDream Corporation Reports First Quarter Earnings of $3.2 million or 19.2 cents per share
CanaDream Corporation today announced financial results for the six months ended October 31, 2007.
Revenues of $14.23 million were 7.35% higher than last year, Cash Flow from Operations was $6.70 million ($0.39 per share), up 5.8% from last year and Comprehensive Income was $3.17 million up 11.1% from last year ($0.192 per share), compared to Comprehensive Income of $2.85 million, ($0.172 per share) last year.
September 19, 2007
CanaDream Corporation Reports First Quarter Earnings of $1.9 million or 12 cents per share
CanaDream Corporation today announced financial results for the first quarter ended July 31 2007.
Revenues of $7.66 million were 15.3% higher than last year, Cash Flow from Operations was $7.07 million ($0.42 per share), up 11.5% from last year and Comprehensive Income was $1.94 million, $0.118 per share, compared to Comprehensive Income of $1.32 million, $0.079 per share last year.
September 6, 2007
Canadream Corporation Announces Date for Annual General Meeting
CanaDream Corporation today announced that their 2007 Annual General Meeting is to be held on October 25, 2007.
August 10, 2007
Canadream Corporation Reports Financial Results for Fiscal 2007
CanaDream Corporation today announced financial results for the year ended April 30, 2007.
Revenues were $13.7 million, up 5% from last year, Cash Flow from Operations was $5.70 million ($0.34 per share), up 35% from last year and Net Income was $16,421, $0.001 per share, compared to Net Loss of ($241,000), ($0.015) per share last year.
June 08, 2007
CanaDream Corporation Announces Resumption in Trading of CanaDream Debentures
Effective Monday June 11, 2007 the CanaDream Corporation Debentures (symbol CDN.DB) will resume active trading. The Debentures have a maturity date (February 27, 2008) which was extendable at the option of the holder to February 27, 2009.
April 30, 2007
CanaDream Corporation Requests Halt in Trading of CanaDream Debentures
CanaDream Corporation has requested a halt in the trading of the Debentures of CanaDream Corporation (symbol CDN.DB) effective at the opening of trading on April 30, 2007. The debentures have an expiry date (February 27, 2008) which is extendable at the option of the holder to February 27, 2009 on notice to the Corporation.
March 29, 2007
Canadream Corporation today announces financial results for the nine months ended January 31, 2007.
Revenues for the nine months were $13.3 million, up 3.4% from last year. Cash Flow from Operations was $5.05 million (29.81 cents per share), up 13.2% from last year and Net Earnings were $1.13 million (6.84 cents per share), down 5.66% from last year.
January 04, 2007
CanaDream Corporation (TSXV-CDN) announces optional extension to Term of Convertible Debentures
Beginning February 27, 2007, and until April 28, 2007, the debenture holders may elect to extend the term of the Debenture by one year to February 27, 2009. During the one-year extension, the interest rate and interest payment terms will remain unchanged, while the conversion price will increase to $0.60 per common share.
December 13, 2006
CanaDream Corporation (TSXV-CDN) announces option grants to Directors on 50,000 shares of the company.
CanaDream Corporation announced today that on December 6, 2006, it granted options to Directors on 50,000 shares of the Company at a price of $0.40 each.
December 08, 2006
CanaDream Corporation Reports First Half Earnings of $2.68 Million or 15.9 Cents per Share
Mr. Brian Gronberg, President and CEO of CanaDream Corporation is pleased to report the Companys financial results for the six months ended October 31, 2006, the first half of its Fiscal 2007.
Revenues of $13.3 million were $451,000 or 3.5% higher than last year's $12.8 million, while earnings increased by 6.2% to $2.85 million compared to $2.68 million last year. Increased revenues resulted from higher utilization of the fleet which generated larger numbers of rental nights, while pricing was somewhat lower than last year.
October 13, 2006
CanaDream Corporation announces today that it will purchase at market price up to 915,462 common shares
Mr. Brian Gronberg, President and CEO of CanaDream Corporation announced today that CanaDream Corporation intends to purchase at market price up to 915,462 common shares and $317,300 debentures, being approximately 10% of its public float, by way of a normal course issuer bid through the facilities of the TSX Venture Exchange.
September 26, 2006
CanaDream Corporation Reports First Quarter Earnings of $1.3 Million or 8.0 Cents/Share
Mr Brian Gronberg, President and CEO of CanaDream Corporation is pleased to report the Company's financial results for the three months ended July 31, 2006, the Company's first quarter (Q1) of Fiscal 2007.
Revenues of $6.65 million were $46,000 or 0.7% less than last year's $6.7 million, while earnings decreased by 12.4% to $1.3 million compared to $1.5 million last year. The quarter saw slightly higher numbers of average unit availability and a 3.3% higher number of rental nights, average rental rate per night decreased by 3.3%, in the face of competitive industry pricing. Direct expenses of $2.41 million were slightly higer last year, resulting in Gross Margins (Revenue less Direct Expenses) of $4.4 million, a decrease of $171,000 (3.9%) compared to last year.
July 26, 2006
CanaDream Corporation Reports Financial Results for Fiscal 2006
CanaDream Corporation today announced financial results for the year ended April 30, 2006.
Revenues were $13.14 million, up 17.9% from last year. Cash flow from Operations was $3.16 million (0.19 cents per share), up 32.8% from last year and Net Loss was $241,000 (0.015 cents per share), compared to Net Earnings of $5,000, $0.003 per share last year. up 35.7% from last year.
For the three months ended April 30, 2006, Revenues of $227,000 were unchanged from last year, however the Net Loss and Cash Used in Operations were both greater than last year, primarily as a result of the carrying costs associated with the higher levels of fleet investment.
March 23, 2006
CanaDream Corporation Reports Three Quarter Earnings of $1.2 Million or 7.2Cents/Share
CanaDream Corporation today announced financial results for the nine months ended January 31, 2006.
Revenues for the nine months were $12.91 million, up 18.3% from last year. Cash flow from Operations was $4.48 million (26.92 cents per share), up 30.3% from last year and Net Earnings were $1.21 million (7.25 cents per share) up 35.7% from last year.
For the three months ended January 31, 2006 (Q3), Revenues of $107,000 were comparable to last year, Negative Cash Flow from Operations increased by 25.0% and the Net Loss for the period increased by 27.5%.
December 7, 2005
CanaDream Corporation Reports First Half Earnings of $2.68 Million or 15.9 Cents/Share
Mr. Brian Gronberg , President and CEO of CanaDream Corporation is pleased to report the Company's financial results for the six months ended October 31, 2005
Revenues for the six months were $12.8 million were $1.98 million or 18.3% higher than last year's $10.8 million, while earnings increased 31.05% to $2.68 million compared to $2.05 million last year.
Increased revenues resulted from higher levels of rental fleet, coupled with better utilization and pricing.
More Details...November 9, 2005
CanaDream Corporation – Issuance of Stock Options
As part of its compensation program for Directors, CanaDream Corporation announces that, on November 4, 2005, it granted options to Directors on 140,000 shares of the Company at a price of $0.33 each.
October 12, 2005
CanaDream Corporation Announces Normal Course Issuer Bid
CanaDream Corporation announces today that it will purchase at market price up to 924,862 common shares and $316,000 debentures, being approximately 10% of its public float, by way of a normal course issuer bid through the facilities of the TSX Venture Exchange. The bid is subject to regulatory approval.
More Details...September 02, 2005
CanaDream Corporation Reports Record First Quarter Earnings of $1.5 million or 9.0 Cents/Share
Mr Brian Gronberg, President and CEO of CanaDream Corporation, is pleased to report the Company’s financial results for the three months ended July 31, 2005, the Company’s first quarter (Q1) of Fiscal 2006.
More Details...August 11, 2005
CanaDream Corporation – Stock Option Issuances
CanaDream Corporation (“CanaDream”) announces that, on August 9, 2005, the Company granted options to officers and employees of the Company which will allow them to purchase 575,000 shares of CanaDream at a price of $0.21 each.
August 5, 2005
Rental Nights Up By 25%
Brian Gronberg, President and CEO of CanaDream Corporation is pleased to announce that rental nights for the three months ended July 31, 2005 (Q1 of Fiscal 2006) were 25% higher than last year’s Q1.
June 24, 2005
CanaDream CFO Resigns
Mr. Brian Gronberg, President & CEO of CanaDream Corporation announces that Mrs Kelly Shier CA has resigned from the position of CFO, effective June 30, 2005, the date of substantial completion of the Fiscal 2005 audit, to pursue other career opportunities.
May 17, 2005
CanaDream Corporation Arranges Additional Credit Facilities.
CanaDream Corporation is pleased to announce that, with the assistance of Pathpoint Capital Partners, it has arranged additional credit facilities with a major Canadian chartered bank.
March 31, 2005
CanaDream Corporation Reports Three Quarter Earnings of $903,000 or 5.4 Cents/Share
CanaDream Corporation today announced financial results for the nine months ended January 31, 2005.
January 14, 2005
Director's Resignation from the Board of CanaDream Corporation.
Mr Brian Gronberg, President and CEO of CanaDream Corporation, regretfully announces that Mr Pat Kelly has requested for personal and family reasons to resign from the Board, effective January 31st, 2005.
