on Appulse Corporation (CVE:APL)
Appulse Corporation Reports Reduced Net Loss for First Half of 2025
Appulse Corporation has announced its financial results for the six-month period ending June 30, 2025. The company reported a net loss of $43,000, a slight improvement from the previous year's loss of $119,000. This change was primarily driven by interest income from cash deposits.
The financial position reflects the aftermath of selling its subsidiary, Centrifuges Unlimited Inc., in 2023. Total assets at the end of the period stood at $4,088,000, mainly in cash and escrow receivables, against liabilities of $44,000, resulting in a net equity of $4,044,000.
Appulse's Board of Directors is actively seeking investment opportunities to enhance shareholder value. Additional company information is available on SEDAR+.
R. H.
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