Appulse Corporation – Reporting results for the Nine Months ended September 30, 2022

CALGARY, Alberta, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Appulse Corporation (“Appulse”) today reported a net income of $201,000 ($.01per share) for the nine months ended September 30, 2022, with revenues of $7,566,000, compared to a net income of $669,000 ($.05 per share) and revenues of $6,927,000 for the same nine-month period of the previous year. Operating cash flow (net income adjusted for items not involving cash) for the nine-month period ended September 30, 2022, of $744,000 compares to operating cash flow of $1,093,000 for the same period of 2021. Total shareholder’s equity at September 30, 2022, was $6,540,000 compared to $6,176,000 at September 30, 2021.

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