Last $0.92 USD
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Venture
OTC US
As of 4:30 PM 06/10/14 All times are local (Market data is delayed by at least 15 minutes).

noble iron inc (TXDSF) Snapshot

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$0.92
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52 Week High
10/3/13 - $1.35
52 Week Low
06/10/14 - $0.92
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21.4M
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noble iron inc (TXDSF) Details

Noble Iron Inc. provides software applications for the construction and industrial equipment industry. It offers enterprise software to manage the lifecycle of equipment ownership, including acquisition, rental, sale and other activities, and disposal. The company also provides various equipment for rent, such as aerial, forklift, light compact, and heavy equipment in southern California and southeast Texas. In addition, it sells various manufacturers’ equipment and accessories; and distributes construction machinery equipment in southeast Texas. The company was formerly known as Texada Software Inc. and changed its name to Noble Iron Inc. in July 2012. Noble Iron Inc. is based in Guelph, Canada.

noble iron inc (TXDSF) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: C$255.9K
Chief Financial Officer
Total Annual Compensation: C$205.8K
Compensation as of Fiscal Year 2013.

noble iron inc (TXDSF) Key Developments

Noble Iron Inc. Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2014

Noble Iron Inc. announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue of $10,374,000 against $10,086,000 a year ago. Net loss was $2,718,000 against $2,485,000 a year ago. Adjusted EBITDA was $847,000 against $906,000 a year ago. The total revenue decrease was largely due to significantly less ancillary revenue derived from equipment disposals, which decreased by $0.4 million, or 58%, as compared to the same period in 2013. For the six months, the company reported revenue of $5,164,000 against $5,567,000 a year ago. Net loss was $1,885,000 against $1,146,000 a year ago. Adjusted EBITDA was $27,000 $629,000 a year ago. The company's net loss was driven in part by increased depreciation due to a higher volume of rental equipment fleet, and increased expenditures on repair and maintenance primarily incurred at the company's California operation.

Noble Iron Inc. Appoints Laurence Sellyn to its Board of Directors

Noble Iron Inc. announced the election of Laurence Sellyn to its Board of Directors. Mr. Sellyn is the Executive Vice President, Chief Financial and Administrative Officer of Gildan Activewear Inc. Other directors that were re-elected to Noble Iron's board at its Annual General Meeting held in July 2014 include Malcolm Hunter, Harry Jaako, Nabil Kassam, Samir Manji, Aly G. Mawji, William Palmer, and Ron Schwarz.

Noble Iron Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Noble Iron Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue totaled $5.2 million, as compared to $4.5 million for the same three month period ended March 31, 2013. Consolidated adjusted EBITDA increased to $0.8 million, as compared to $0.3 million for the same three month period ended March 31, 2013. Losses decreased to $0.9 million, as compared to $1.3 million for the same three month period ended March 31, 2013.

 

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