Ottawa, Ontario--(Newsfile Corp. - September 21, 2021) - Novra Technologies Inc. (TSXV: NVI) ("Novra") and its subsidiary International Datacasting Corporation ("IDC") announced a new collaboration with Zixi—the pioneer in live broadcast-quality video delivery—to integrate Zixi's Software-Defined Video Platform (SDVP) client into Novra Group's next-generation MAP product line for broadcast television and radio networks.The MAP (Modular Architecture Platform) family of products is designed to provide a flexible, reliable, professional hardware appliance that can be customized, upgraded, and eve...
Winnipeg, Manitoba--(Newsfile Corp. - August 30, 2021) - Novra Technologies Inc. (TSXV: NVI) ("Novra") has announced its financial results for the six months ended June 30, 2021. All amounts are in Canadian dollars unless otherwise noted. First Six Months 2021 Consolidated Financial ResultsNovra's financial results for the first six months of 2021 were strong, with net income of $795 thousand and revenue increasing by 117% compared to the same period in 2020. This solid performance was built on the significant backlog brought into 2021 and the acceleration of new bookings that has continued ...
Ottawa, Ontario--(Newsfile Corp. - July 8, 2021) - Novra Technologies Inc. (TSXV: NVI) ("Novra") and its subsidiary International Datacasting Corporation ("IDC") announced the expansion of its MAP product line into new applications and markets including video, data, and digital cinema.The MAP (short for "Modular Architecture Platform") was designed to be a highly flexible next-generation hardware platform with tightly integrated software that can be easily upgraded and expanded to address emerging requirements.The MAP was launched with the MAP Pro Audio, a full-featured, robust receiver for br...
Winnipeg, Manitoba--(Newsfile Corp. - June 7, 2021) - Novra Technologies Inc. (TSXV: NVI) (OTCQB: NVRVF) ("Novra"), a Canadian company, has been approved to begin trading today on the OTCQB Venture Exchange under the symbol NVRVF. Trading on the OTCQB will enhance liquidity, extend investor awareness, and facilitate US based trading through regulated US broker-dealers.OTCQB is a venture market operated by the OTC Markets Group Inc. To be eligible for quotation on the OTCQB, companies must be current in their reporting and undergo an annual verification and management certification process. Com...
Winnipeg, Manitoba--(Newsfile Corp. - June 2, 2021) - Novra Technologies Inc. (TSXV: NVI) ("Novra") has announced its financial results for the first quarter ended March 31, 2021. All amounts are in Canadian dollars unless otherwise noted.First Quarter 2021 Consolidated Financial ResultsNovra's first quarter (Q1) financial results were strong, with revenue increasing by 263% compared to the same period in 2020 and net income of more than $1.1 million for the quarter. This solid performance was built on the significant backlog brought into 2021 and the acceleration of new bookings that has co...
Winnipeg, Manitoba--(Newsfile Corp. - May 10, 2021) - Novra Technologies Inc. (TSXV: NVI) ("Novra") announced today that Novra Group has received a major order for Audiocaster Pro professional broadcast audio receivers. The order is valued at more than $3.2 million and is expected to ship later in 2021.The customer is a leading US radio broadcaster and longtime Novra Group customer, operating an extensive and sophisticated network. Audiocaster Pro - a new product launched in 2020 - boasts state-of-the-art versatile features like the ability to operate over satellite or internet connections and...
Winnipeg, Manitoba--(Newsfile Corp. - May 3, 2021) - Novra Technologies Inc. (TSXV: NVI) ("Novra") announced its financial results for the fourth quarter and year ended December 31, 2020. All amounts are in Canadian dollars unless otherwise noted.Fourth Quarter and Annual 2020 Consolidated Financial ResultsAs previously reported, COVID-19 had a negative effect on our revenues for the first three quarters of 2020, which materially impacted Novra's annual financial results compared to 2019. However, orders accelerated in the second half of the year and our revenue for the fourth Quarter would h...
Winnipeg, Manitoba--(Newsfile Corp. - November 30, 2020) - Novra Technologies Inc. (TSXV: NVI) ("Novra") today announced its financial results for the first nine months of 2020. All amounts are in Canadian dollars unless otherwise noted. Third Quarter 2020 Consolidated Financial ResultsThe following financial summary shows results for the nine months ended September 30, 2020 and 2019. Our 2020 results continue to be affected by the global impact of COVID-19. As expected, Novra's revenue was down significantly from the same period last year and this materially impacted our financial results. ...
Winnipeg, Manitoba--(Newsfile Corp. - August 31, 2020) - Novra Technologies Inc.(TSXV: NVI) ("Novra") today announced its financial results for the first six months of 2020. All amounts are in Canadian dollars unless otherwise noted. Second Quarter 2020 Consolidated Financial ResultsThe following financial summary shows results for the six months ended June 30, 2020 and 2019. Our 2020 results continue to be affected by the global impact of COVID-19. As expected, Novra's revenue was down significantly from the same period last year and this materially impacted our financial results. However, s...
Winnipeg, Manitoba--(Newsfile Corp. - July 21, 2020) - Novra Technologies Inc. (TSXV: NVI) ("Novra") announced today that the Novra Group has received a new order valued at $2.2M for its new Audiocaster Pro, Novra Group's next-generation of high-end audio receivers.This is an initial order from a major North American radio network to acquire several hundred Audiocaster Pro professional audio receivers. It demonstrates the value of one of Novra Group's powerful and flexible products to a market leader willing to commit to capital investment in uncertain times. The same customer earlier this ye...
Winnipeg, Manitoba--(Newsfile Corp. - July 14, 2020) - Novra Technologies Inc. (TSXV: NVI) ("Novra") today announced its financial results for the first quarter of 2020. All amounts are in Canadian dollars unless otherwise noted. First Quarter 2020 Consolidated Financial ResultsNot surprisingly, given the global impact of COVID-19, Novra's first quarter revenue was down from the same period last year. Even before the pandemic took hold across the world, companies were delaying expenditures due both to the uncertainty around the eventual effect it would have as well as the indications of an ec...
Winnipeg, Manitoba--(Newsfile Corp. - June 15, 2020) - Novra Technologies Inc. (TSXV: NVI) ("Novra") today announced its financial results for the fourth quarter and year ended December 31, 2019. All amounts are in Canadian dollars unless otherwise noted. Fourth Quarter and Annual 2019 Consolidated Financial ResultsOur first 9 months of 2019 marked a significant improvement as our revenue, net income and Adjusted EBITDA, a non-IFRS measure, had all improved compared to 2018. The unusual dip in revenue in Q4 negatively affected our 2019 financial results compared to our 2018 results. However...
Winnipeg, Manitoba--(Newsfile Corp. - April 28, 2020) - Novra Technologies Inc. (TSXV: NVI) ("Novra" or the "Company") announces that, as a result of delays caused by the COVID-19 pandemic, the Company will be postponing the filing of its annual consolidated financial statements and accompanying management's discussion and analysis and related CEO and CFO certificates for the financial year ended December 31, 2019. (collectively, the "Annual Filings"), which are required to be filed by April 29, 2020 under National Instrument 51-102 Continuous Disclosure Obligations. The Company also expects t...
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