Spktf - Spectra Inc. (automotive)

Discussion in 'Penny Stocks' started by Jon Alba, Apr 26, 2019.

  1. Jon Alba

    Jon Alba Senior Investor

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    Year Revenue Profit/(-Loss) Assets Liabilities Asset/Debt Ratio
    2006 $807,000 -$485,000 $464,000 $2,505,000 0.19
    2007 $794,000 -$1,010,000 $678,000 $2,104,000 0.32
    2008 $844,000 -$758,000 $593,000 $2,630,000 0.23
    2009 $774,000 -$648,000 $353,000 $3,040,000 0.12
    2010 $1,160,000 -$340,000 $388,000 $3,400,000 0.11
    2011 $1,230,000 $177,000 $399,000 $2,146,000 0.19
    2012 $1,170,000 -$315,000 $274,000 $2,260,000 0.12
    2013 $1,280,000 -$74,000 $292,000 $2,280,000 0.13
    2014 $1,440,000 $45,000 $343,000 $2,207,000 0.16
    2015 $1,820,000 $189,000 $445,000 $1,840,000 0.24
    2016 $1,550,000 $152,000 $417,000 $1,490,000 0.28
    2017 $1,780,609 $222,810 $479,631 $1,325,665 0.36
    2018 $2,045,806 $495,372 $747,183 $1,097,845 0.68
    2019 $2,036,047 $872,875 $1,432,222 $370,683 3.86
    2020(Q1-Q3) $1,185,159 $274,365 $1,640,772 $304,868 5.38
     
  2. Jon Alba

    Jon Alba Senior Investor

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    SSA Technical Charts - 100% Buy Rating

    https://www.barchart.com/stocks/quotes/SSA.VN/opinion

    Overall Average:
    100% BUY
    Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.

    Barchart Opinion
    INDICATOR
    Opinion Strength & Direction
    Composite Indicator
    TrendSpotter
    BUY
    Short Term Indicators
    20 Day Moving Average
    BUY
    20 - 50 Day MACD Oscillator
    BUY
    20 - 100 Day MACD Oscillator
    BUY
    20 - 200 Day MACD Oscillator
    BUY
    20 - Day Average Volume: 210,365 Average: 100% BUY
    Medium Term Indicators
    50 Day Moving Average
    BUY
    50 - 100 Day MACD Oscillator
    BUY
    50 - 150 Day MACD Oscillator
    BUY
    50 - 200 Day MACD Oscillator
    BUY
    50 - Day Average Volume: 177,835 Average: 100% BUY
    Long Term Indicators
    100 Day Moving Average
    BUY
    150 Day Moving Average
    BUY
    200 Day Moving Average
    BUY
    100 - 200 Day MACD Oscillator
    BUY
    100 - Day Average Volume: 142,160 Average: 100% BUY
     
  3. Jon Alba

    Jon Alba Senior Investor

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    Spectra Products Inc. Reports Fourth Quarter 2020 Results

    For Immediate Release – April 27, 2021

    Toronto, Ontario – Spectra Products Inc. reports the release of its financial results for the twelve-month ended December 31, 2020. Revenues for the twelve-month period ending December 31, 2020 were $1,594,026 compared to $2,036,047 for the same period in 2019. Revenues for the fourth quarter ending December 31, 2020 were $408,867 compared to $380,944 in 2019.

    In the twelve-month period ended December 31, 2020, income before income taxes of $486,528 was earned and other comprehensive income before income taxes of $285,041 was earned, resulting in total comprehensive income before income taxes for the twelve-month period ended December 31, 2020 of $771,569. For the twelve-month period ended December 31, 2020 total comprehensive income, after income taxes, was $603,462.

    “In spite of the severe downturn in the economy due to Covid-19, the Company’s Gross Profit decreased much less than the general decline in the economy. Also, management was able to produce substantial reductions in expenses. Together these factors allowed the company to report its second highest level of Income Before Taxes in the Company’s history.” stated Andrew Malion, the Company’s President.

    Comparatively, in the twelve-month period ended December 31, 2019, income before income taxes of $364,468 was earned and other comprehensive income before income taxes of $0 was earned, resulting in total comprehensive income before income taxes for the twelve-month period ended December 31, 2019 of $364,468. As a result of the improved financial position of the Company, in the fourth quarter of 2019, a deferred tax asset of $508,407 was recognized. Accordingly, for the twelve-month period ended December 31, 2019 total comprehensive income, after income taxes, was $872,875.

    In the fourth quarter ended December 31, 2020, income before income taxes of $113,243 was earned and other comprehensive income before income taxes of $285,041 was earned, resulting in total comprehensive income before income taxes for the fourth quarter ended December 31, 2020 of $389,284. For the fourth quarter ended December 31, 2020 total comprehensive income, after income taxes, was $329,097.

    Spectra Products Inc. is the Toronto-based North American designer, manufacturer and distributor of wheel end safety products to the transportation industry. These products include Brake SafeÒ, Brake InspectorÒ, Zafety Lug LockÒ, Hub Alert™ and the Anti-Seize Cotter Pin™ as well as the Termin-8RÒ line of anti-corrosion and extreme pressure lubricants.

    Except for the historical information contained herein, this news release contains forward looking statements that involve risks and uncertainties, including the impact of competitive products and pricing and general economic conditions as they affect the Corporation’s customers. Actual results and developments may therefore differ materially from those described in this release.

    On behalf of the Board of Directors,

    Andrew Malion, President, Spectra Products Inc.

    Investor Relations: 1-800-308-5255

    E-Mail: [email protected]

    Website: www.spectrainc.ca
     
  4. Jon Alba

    Jon Alba Senior Investor

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    Spectra Products Inc. Company Performance Chart From 2006 To 2020

    Year--- Revenue--- Profit/(-Loss)--- Assets/Liabilities--- Asset/Debt Ratio
    2006--- $807,000--- (-$485,000)--- $464,000--- $2,505,000--- 0.19
    2007--- $794,000--- (-$1,010,000)--- $678,000--- $2,104,000--- 0.32
    2008--- $844,000--- (-$758,000)--- $593,000--- $2,630,000--- 0.23
    2009--- $774,000--- (-$648,000)--- $353,000--- $3,040,000--- 0.12
    2010--- $1,160,000--- (-$340,000)--- $388,000--- $3,400,000---0.11
    2011--- $1,230,000--- $177,000--- $399,000--- $2,146,000--- 0.19
    2012--- $1,170,000--- (-$315,000)--- $274,000--- $2,260,000--- 0.12
    2013--- $1,280,000--- (-$74,000)--- $292,000--- $2,280,000--- 0.13
    2014--- $1,440,000--- $45,000--- $343,000--- $2,207,000--- 0.16
    2015--- $1,820,000--- $189,000--- $445,000--- $1,840,000--- 0.24
    2016--- $1,550,000--- $152,000--- $417,000--- $1,490,000--- 0.28
    2017--- $1,780,609--- $222,810--- $479,631--- $1,325,665--- 0.36
    2018--- $2,045,806--- $495,372--- $747,183--- $1,097,845--- 0.68
    2019--- $2,036,047--- $872,875--- $1,432,222--- $370,683--- 3.86
    2020--- $1,594,026--- $603,462--- $1,948,485--- $283,484--- 6.87
     
  5. Jon Alba

    Jon Alba Senior Investor

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    Spectra Products Inc. May 2021 Company Presentation - Termin8r Product For Battery Maintenance

    https://static1.squarespace.com/sta...ny+Presentation+May+2021+(Amended+May+12).pdf

    On Page 5:

    Termin-8R has been protecting Electronics against corrosion for over 25 years in North America. The Electrical Vehicle (EV) Market has moved into the fast lane and the electrification of Passenger and Commercial vehicles is here to stay. If your Electric vehicle is even a few years old, chances are your charge port is starting to show signs of corrosion. Allowing this corrosion to build up can lead to contact failure, overheating, shorting, and a reduction in charging efficiency. As a result, your battery will take longer to load or fail to charge up fully. Low Volatile Organic Compound (VOC) means Termin-8R is safe for use on sensitive materials such as circuit boards, computer sensors, silicone, rubber and plastic, with no risk of damage or performance degradation. Many chemical sprays have high VOC levels and are damaging to equipment and components in day to day use for numerous transportation applications. Multi-functional Termin-8R® outperforms single-use chemical sprays and eliminates the need to stock many limited, one-use-only products: Dielectric Lubrication, Penetrant and Anti-Seize, High Pressure Lubricant, Corrosion Removal & Control, Moisture Eliminator, Contact Cleaner, Chain & Cable Lubricant, Battery Terminal Cleaner & Protector. Termin-8R’s dielectric feature makes it safe and ideal for electrical connections and equipment.
     
  6. Jon Alba

    Jon Alba Senior Investor

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    Spectra Products Inc. Reports First Quarter 2021 Results

    For Immediate Release – May 17, 2021

    Toronto, Ontario – Spectra Products Inc. reports the release of its financial results for the
    three-months ended March 31, 2021.

    Revenues for the three-month period ending March 31, 2021 were $489,704 compared to $535,926 for the same period
    in 2020.

    In the three-month period ended March 31, 2021, net income before taxes of $78,689 was earned compared to net
    income before taxes of $176,513 for the same period in 2020.

    The main factors that contributed to the $97,824 decrease in net income were an $83,980 expense in 2021 as a result of the issuance of director and employee stock options and a $16,948 reduction in gross profit, due to lower sales.

    As at March 31, 2021, Cumulative Other Comprehensive Income, representing the after-tax unrealized gain on investments, totaled $164,799.

    Spectra Products Inc. is the Toronto-based North American designer, manufacturer and distributor of wheel end safety products to the transportation industry. These products include Brake Safe, Brake Inspector, Zafety Lug Lock, Hub Alert™ and the Anti-Seize Cotter Pin™ as well as the Termin-8RÒ line of anti-corrosion and extreme pressure lubricants.

    Except for the historical information contained herein, this news release contains forward looking statements that involve risks and uncertainties, including the impact of competitive products and pricing and general economic conditions as they affect the Corporation’s customers. Actual results and developments may therefore differ materially from those described in this release.
     
  7. Jon Alba

    Jon Alba Senior Investor

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