AVNY Manaris Corp., featured news, full reports, and detailed AVNY.OB charts.
Manaris Corp. (AVNY/AVNY.OB) Wrap Up:
Avensys Corporation, through its subsidiaries, designs, manufactures, distributes, and markets optical components and modules for the telecommunications, fiber laser, and optical sensor markets. The company also provides instrumentation and integrated solutions for the monitoring of industrial processes and environmental surveillance applications for air, water, and soil. It sells its products in the Americas, Europe, and Asia. The company, formerly known as Manaris Corporation, was incorporated in 2000 and is based in Montreal, Canada.
Avensys Corporation (AVNY:OTC Bulletin Board Market)
Snapshot of Avensys Corporation (AVNY)
|
OPEN
--
|
PREVIOUS CLOSE
$0.03
|
|
|
DAY HIGH
--
|
DAY LOW
--
|
|
|
52 WEEK HIGH
08/13/08 - $0.09
|
52 WEEK LOW
03/2/09 - $0.0050
|
|
|
MARKET CAP
3.4M
|
AVERAGE VOLUME 3 mo
1.4K
|
|
|
DILUTED EPS TTM
$-0.04
|
SHARES OUTSTANDING
99.1M
|
|
|
AVNY Does Not Pay Dividends
|
P/E TTM
NM
|
|
| K = Thousands M = Millions B = Billions | ||
AVNY Details
Avensys Corporation, through its subsidiaries, designs, manufactures, distributes, and markets optical components and modules for the telecommunications, fiber laser, and optical sensor markets. The company also provides instrumentation and integrated solutions for the monitoring of industrial processes and environmental surveillance applications for air, water, and soil. It sells its products in the Americas, Europe, and Asia. The company, formerly known as Manaris Corporation, was incorporated in 2000 and is based in Montreal, Canada.
AVNY Top Compensated Officers
Executives, Board Directors
Key developments for Avensys Corporation (AVNY)
Avensys Corporation reported consolidated earnings results for the third quarter and nine months ended March 31, 2009. For the quarter, the company's total consolidated revenue was $5.4 million compared to $5.8 million in the same period a year ago. Cash flow generated by operations for the quarter was $285,000 as compared to cash used in operations of $691,627 for the same period a year ago. Net loss for the quarter was $134,257 against $273,779 in the same period of the previous year. Loss from operations was $0.33 million compared with $0.54 million for the prior year quarter. Negative adjusted EBITDA for the quarter was $0.07 million compared with adjusted EBITDA of $0.16 million for the prior year quarter. For the nine months, the company's total consolidated revenue rose 12.5% to $16.5 million, from the $14.7 million recorded for the same period a year ago. Cash used in operations during for the period was $35,000, compared to cash used in operations of $1.6 million for the same period a year ago. Net loss for the period was $4.1 million or $0.04 per basic and diluted share as compared to $2.8 million or $0.03 per basic and diluted share during the same period a year ago. Loss from operations for the period was $5.12 million compared with $1.98 million for the prior year quarter. Negative adjusted EBITDA was $0.29 million compared with $0.67 million for the prior year quarter.
Avensys Corporation recently reported its financial results for the third quarter of fiscal year 2009, ended March 31, 2009. Total consolidated revenue for the fiscal third quarter 2009 ended March 31, 2009, was $5.4 million. President and Chief Executive Officer, John G. Fraser of Avensys Corporation, said, "We are confident that our efforts to diversify our offering, conserve cash, reduce costs and increase our sales efforts has allowed us to weather this challenging economic environment." Mr. Fraser added, "Management believes that Avensys will survive the current economic downturn, however, the current capital structure may not be sufficient to support its future growth objectives and technology development. To this end, the Company has engaged Lightwave Advisors Inc. to assist the Company in reviewing and evaluating its financial and strategic alternatives."
On February 26, 2009, Avensys Corporation Board of Directors appointed Mr. Jean-Marc Fortier as Chair of the Audit Committee. Mr. Fortier has served as a non-executive Director of the Company since July of 2008.
AVNY Competitors
| Company | Last | Change | |
| No competitor information is available for AVNY. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | AVNY | Industry Range |
| Price/Earnings | -- | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | -- | Not Meaningful |
| Price/Cash Flow | -- | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
|
AVNY |
||
AVNY transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent News About Manaris Corp.
-
Crytek's Avni Yerli Joins the Game Developers Conference Europe Advisory Board.
BERLIN, May 22 /PRNewswire/ -- The Game Developers Conference(R) Europe today welcomed a new member, Avni Yerli, managing director of Crytek...
PR Newswire Europe, 05/22/09 · More from publication -
Crytek's Avni Yerli Joins the Game Developers Conference Europe Advisory Board
BERLIN, May 22 /PRNewswire/ -- The Game Developers Conference(R) Europe today welcomed a new member, Avni Yerli, managing director of Crytek GmbH,...
PR Newswire, 05/22/09 · More from publication -
Turning Pennies into dollars: (OTCBB: ACCY) , (OTC BB:ANGS), (OTC BB:AVNY) , (OTCBB: BKYI).
M2 PRESSWIRE-1 April 2008-RealPennies.com: Turning Pennies into dollars: (OTCBB: ACCY) , (OTC BB:ANGS), (OTC BB:AVNY) , (OTCBB: BKYI)(C)1994-2008...
M2 Presswire, 04/01/08 · More from publication -
Inside the Dollhouse: Geek God Joss Whedon
[ILLUSTRATION OMITTED] Since creating the cult IV series Buffy the Vampire Slayer in 1997, director, writer, and Toy Story scribe Joss Whedon has...
Mother Jones, 11/01/08 by Sheerly Avni · More from publication -
Use of statistical analyze for calculation of specific slag heat of "Trepca" shaft furnace
Abstract: In shaft furnace of metallurgic complex in "Trepca", during the agglomerate melting, gained slag consist plenty of components...
Annals of DAAAM & Proceedings, 01/01/07 by Avni Terziqi Musa Rizaj Naim Kamberaj · More from publication -
Usage of heat obtained by cooling of shaft furnaces of "Trepca" corporation with water steam
Abstract: The lead agglomerate's melting process is accompanied with numerous technical, technological and economic difficulties, including the...
Annals of DAAAM & Proceedings, 01/01/07 by Avni Terziqi Musa Rizaj Naim Kamberaj · More from publication -
Hospitalization Rates Higher in Kids Who Get Flu Shots
Children who get the annual flu vaccine, especially those who have asthma, may be more likely to be hospitalized than children who don't get the...
HealthDay, 05/19/09 by Amanda Gardner, HealthDay Reporter · More from publication -
Avensys Corporation Reports Fiscal Third Quarter 2009 Financial Results
Maintains Positive Cash Flow MONTREAL, May 13 /PRNewswire-FirstCall/ -- Avensys Corporation (OTC Bulletin Board: AVNY; FRANKFURT WKN: A0M9YA), a...
PR Newswire, 05/13/09 · More from publication -
From Jupiter to 'Jarhead': legendary cutter Walter Murch has a theory about editing, and it involves the heavens.(obsession)(Biography)
When he's not busy cutting a film, Oscar-winning editor Walter Murch spends his free time poring over data from space shuttles Voyager and...
Variety, 11/14/05 by Sheerly, Avni · More from publication -
Kidnapped Israeli released in Nigeria
JERUSALEM (AFP) — An Israeli abducted last week from his house in Nigeria's oil hub of Port Harcourt has been released by his kidnappers, his...
AFP, 09/01/08 · More from publication