Mercury Scheduling, 3. profitables Quartal in Folge - 500 Beiträge pro Seite

[Crash29]

Still und leise arbeitet Mercury so vor sich hin. Der Kurs scheint aber bei 30Cent eingefroren zu sein. Gute Meldungen scheinen diesen Titel nicht zu befluegeln.
Wed Aug 8, 2001
Mercury records 3rd Consecutive Quarterly Profit


Mercury Scheduling Systems Inc. (MRY:CDNX) is pleased to announce fourth
quarter results of an EBITDA gain of $232,577 and a profit of $123,313. This
represents the company`s third consecutive quarterly profit and demonstrates
Mercury`s commitment to cash flow positive operations and financial stability.

The company`s gross revenue for the fiscal year ended April 30, 2001, was
$4,800,431, an increase of 50% over the previous year ($3,197,580 -- 2000). As a
result, Mercury posted a loss of $456,342 for the year versus a loss of $2,116,630
in the previous year. Due to the last three strong quarters, Mercury finished the
fiscal year with a nominal loss before non-cash items of $71,829 (see Consolidated
Statement of Cash Flows). Indeed had regulation Statement of Position 97-2 (SOP
97-2) for software revenue recognition not required the deferral of $380,643 of cash
receipts the company would have had a significant EBITDA gain and nominal loss
for the year.

SOP 97-2 requires the deferral of revenue collected where the agreement governing
the receipts was not signed prior to the fiscal year end. Instead, the actual
agreement was signed in July 2001. As a result, the company will recognize this
revenue in the first quarter of fiscal year 2002.

The company`s cash position (including short-term investments and restricted
short-term investments) decreased to $2,345,258 from $3,236,581 at April 30, 2000.
This decrease is offset by a corresponding increase in accounts receivable, which
was $1,344,192 at year end versus $515,186 at the previous year end. The increase
in accounts receivable is partially due to billings related to both the DHL and
Maersk Magellan installation occurring around the year end. As a result, the
company`s working capital position has remained strong at $3,148,808. Excluding
the revenue deferred under SOP 97-2 of $380,643, working capital would be even
stronger at $3.5 million.

The attached financial statement highlights have been provided without the Notes to
the Financial Statements and Management Discussion. For a more detailed
analysis of the financial results for the fiscal year ended April 30, 2001, please visit
Mercury`s website at mercury.bc.ca and review our 2001 Annual Report.

Mercury Scheduling Systems Inc. is a software development company that
licenses some of the most innovative airline operations software in the world. With a
broad range of software products, Mercury is positioned to meet the needs of all
sizes of airlines. The company has an established client base that includes leading
companies such as British Airways Regional, DHL Airways, Maersk Air, Aloha
Airlines, Canada 3000, Skyservice and WestJet. Mercury is one of 30 select
companies that make up the CDNX Technology Index.

On behalf of the Board of Directors,
Graham Whitmarsh
President & CEO
INQUIRIES MAY BE DIRECTED TO:
Investor Relations: Mark Sommer
[phone] (extension #358)
or toll-free at 1-888-614-1111
[e-mail]
www.mercury.bc.ca

The Canadian Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. Cautionary note for US
Investors: This news release may contain forward-looking statements that may
address future events and conditions and therefore involve inherent risks or
uncertainties. Actual results may differ materially from those currently anticipated in
such statements.

[MRZ]

Wie immer ein Trauerspiel!!
Dreimal hintereinander ein positives Ergebnis und was passiert?
Der Kurs geht in den Keller und markiert den Tiefststand!!
Mercury wird zur Zeit nähe Cash Flow gehandelt... günstig zu haben.
Es fehlen einfach die Investoren und wohl auch die falsche Börse.
Oder irgendeiner manipuliert absichtlich den Kurs, warum auch immer.
Die Umsätze sind die letzen paar Tage zwar wieder etwas besser,
aber es fehlen einfach die Käufer.
Habe persönlich die Hoffnung aufgegeben und behalte ein paar
Anteile für die Rentenaufbesserung, wenn nicht bis dahin der Kurs
bei 0,01 CAD steht!!!