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CNIC Copernic Inc. featured news, full reports, and detailed charts

Copernic Inc. (CNIC) Wrap Up:

The legal name of the Company is Copernic Inc. and the Company operates under the commercial names Mamma.com and Copernic. The Company was incorporated on July 5, 1985, pursuant to the Business Corporations Act (Ontario), promulgated under the laws of the Province of Ontario, Canada. The Company’s principal executive officers are located at 388 St. Jacques Street West, 9th Floor, Montreal, Quebec, Canada H2Y 1S1. The Company maintains its registered office c/o Fasken Martineau DuMoulin LLP, Toronto Dominion Bank Tower, P.O. Box 20, Suite 4200, 66 Wellington Street West, Toronto-Dominion Centre, Toronto, Ontario, M5K 1N6, Canada. 16 -------------------------------------------------------------------------------- RECENT EVENTS Resignation and departure of two officers On February 11, 2008 the Company announced the departure of Patrick Hopf, Executive Vice President of Business Development. 117,134 options held by Mr.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f28%2f0001144204-08-018186.html#FIS_COMPANY_INFORMATION"   
www.copernic-inc.com
45 Employees
Founded in 1985

Copernic Inc. (CNIC:NASDAQ)

LAST $2.96 USD
CHANGE TODAY -0.1304 -4.22%
VOLUME 12.2K
As of 3:58 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Copernic Inc. (CNIC)

OPEN
$3.06
PREVIOUS CLOSE
$3.09
DAY HIGH
$3.06
DAY LOW
$2.81
52 WEEK HIGH
11/13/09 - $4.50
52 WEEK LOW
03/30/09 - $0.77
MARKET CAP
6.2M
AVERAGE VOLUME 3 mo
69.6K
DILUTED EPS TTM
$-2.93
SHARES OUTSTANDING
2.1M
CNIC Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

CNIC Top Compensated Officers

Mr. Marc Ferland
Chief Executive Officer, President, Acting Ch...
Age: 63
Total Annual Compensation: $190.6K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Copernic Inc. (CNIC)

Copernic Inc. Reports Unaudited Condensed Consolidated Earnings Results for the Third Quarter and Nine Months Ended Sep. 30, 2009

Copernic Inc. reported unaudited condensed consolidated earnings results for the third quarter and nine months ended Sep. 30, 2009. Revenues from continuing operations in the third quarter of 2009 totaled $353,293, down from $497,527 in the third quarter of 2008 mainly due to a decline in software licensing revenues. Net loss from continuing operations in the third quarter 2009 was $765,876 or $0.37 per basic and diluted share, compared to a net loss from continuing operations of $1,048,286 or $0.50 per basic and diluted share in the same quarter 2008. Net loss in the third quarter 2009 was $821,734 or $0.39 per basic and diluted share, compared to a net loss of $621,677 or $0.30 per basic and diluted share in the same quarter 2008. Loss from operations before income and discontinued operations was $819,552 against income from operations before income and discontinued operations of $1,120,487 a year ago. Purchase of property and equipment was $28,897 against $13,042 for the same period a year ago. Cash and cash equivalents used for operating activities from continuing operations was $558,420 against $999,144 for the same period a year ago. Revenues from continuing operations for the nine months of 2009 totaled $1,280,083, down from $1,524,797 in the nine months of 2008. Net loss from continuing operations was $2,004,191 or $0.96 per basic and diluted share, compared to a net loss from continuing operations of $3,300,015 or $1.58 per basic and diluted share in the same quarter 2008. Net income was $2,816,173 or $1.62 per basic and diluted share, compared to a net loss of $2,230,267 or $1.07 per basic and diluted share in the same period of 2008. Loss from operations before income and discontinued operations was $2,163,720 against $3,508,895 a year ago. Purchase of property and equipment was $5,423 against $5,257 for the same period a year ago. Cash and cash equivalents used for operating activities from continuing operations was $1,562,922 against $3,518,086 for the same period a year ago.

Copernic Inc. has Changed its Ticker to CNIC from CNIC.D

Effective October 12, 2009, Copernic Inc. changed its NasdaqCM stock ticker symbol to CNIC from CNIC.D.

Copernic Inc. Announces Amendment to the Article of Incorporation

Copernic Inc. announced that a consolidation resolution approving an amendment to the company's article of incorporation to consolidate all of the issued and outstanding common shares on the basis of one (1) post-consolidation share for very two (2) to ten (10) pre-consolidation shares was approved by the special meeting held on September 11, 2009.

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Market data is delayed at least 20 minutes.

Industry Analysis

Valuation CNIC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.9x
Price/Book 0.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.2x

CNIC

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CNIC transactions

Type
Date
Target
Private Placement
November 12, 2009
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