Gendis Inc. reported cash flow results for the second quarter and six months ended July 31, 2009. For the quarter, the company reported cash flow from operating activities of CAD 5,000 compared to cash flow used in operating activities of CAD 655,000 and expenditures for property and equipment of CAD 1,392,000 for the same period a year ago. For the six months, the company reported cash flow from operating activities of CAD 358,000 and expenditures for property and equipment of CAD 5,000 compared to cash flow used in operating activities of CAD 623,000 and expenditures for property and equipment of CAD 1,876,000 for the same period a year ago.

Gendis Inc. announced unaudited financial results for the second quarter and six months ended July 31, 2009. Revenue for the second quarter was $1,206,000 compared to $763,000 last year. The increase in revenue quarter over quarter is primarily attributable to an increase in rent revenue from a new tenancy in the Sony Place Facility that occurred in the second quarter last year. Net earnings from operations for the second quarter was $389,000 or $0.03 per share compared to a loss of $1,869,000 or $0.13 per share last year. The increase in net earnings from operations quarter over quarter is primarily attributable to the substantial decline in the market value of investments held-for-trading that occurred in the second quarter last year compared to a recovery of market values in the second quarter of 2009, along with an increase in profitability from the increase in rent revenue. Earnings before extraordinary items was $273,000 against loss before extraordinary items of $194,000 a year ago. Earnings before taxes was $403,000 against loss before taxes of $1,791,000 a year ago. For the six months, the company reported revenues of $2,151,000 against $1,738,000 a year ago. Earnings before extraordinary items was $292,000 against loss before extraordinary items of $350,000 a year ago. Earnings before taxes was $529,000 against loss before taxes of $548,000 a year ago. Net earnings from operations for the second quarter was $497,000 or $0.04 per share compared to a loss of $709,000 or $0.05 per share last year.

Gendis Inc. announced consolidated unaudited financial results for the first quarter ended April 30, 2009. For the period, the company's revenue was CAD 945,000 compared to CAD 975,000 last year. The decrease in revenue quarter over quarter is primarily attributable to the decline in the share of investment income from Fort Chicago, partially offset by an increase in rent revenue from a new tenancy in the Sony Place Facility that occurred in the 2nd quarter last year. Net earnings from operations were CAD 108,000 or CAD 0.01 per share, compared to CAD 1,160,000 or CAD 0.08 per share last year. Other comprehensive income was a CAD 369,000 loss compared to income of CAD 1,186,000 last year. The decrease in net earnings from operations and other comprehensive income quarter over quarter is primarily attributable to the substantial increase in the market value of investments that occurred in the first quarter of last year with no counterpart. Earnings before the extraordinary items were CAD 19,000 compared to loss before the extraordinary items of CAD 156,000 a year ago. Earnings before taxes were CAD 126,000 compared to CAD 1,243,000 a year ago. Cash flows from operations was CAD 353,000 compared to CAD 32,000 a year ago. Expenditure for property and equipment was CAD 5,000 compared to CAD 485,000 a year ago.