Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Join Canadian Insider Club or Club Ultra to Keep Your Edge

Times are changing, ad revenues are plunging, and Canadian data costs have jumped.

Starting this summer, we will be limiting Canadian company page views to 10 per month for non-members.

Canadian Insider Club members will continue to get Google ad-free and unlimited access to canadianinsider.com.

Join the club to keep your edge! For a limited time, use coupon code SAVE99 to save $99* off a Canadian Insider Club Membership.

*Save $99 on the first year of a new Canadian Insider Club or Canadian Insider Club Ultra membership. Subsequent auto-renewals will be at the standard rate unless canceled. Limited time offer.

Synex International Inc. (T:SXI)

Business Focus: Electric Utilities

Sector:  Utilities Industry:  Electric Utilities
 
See Regulatory Filings on SEDAR
Company Contact
Address: 101 - 1444 Alberni Street
VANCOUVER BC V6G 2Z4
Tel: N/A
Website: www.synex.com
IR: See website
Key People
Tanya L. DeAngelis
Chairman of the Board
Daniel J. Russell
Chief Executive Officer
Mark Alfred Stephens
Corporate Secretary, Director
Business Overview
Synex International Inc. is a hydroelectric developer and consultant. The Company, through its subsidiaries, Synex Energy Resources Ltd. (Synex Energy or the Power Division) and Sigma Engineering Ltd. (Sigma or the Engineering Division), is engaged in the development, ownership and operation of electric power facilities, and the provision of consulting engineering and environmental services in water resources, particularly hydroelectric facilities. The Power Division's operations include generation of electricity at the 3.8 megawatt (MW) Mears Creek and 2.8 MW Cypress Creek hydroelectric plants; generation of electricity at the 4.4 MW Barr Creek hydroelectric plant; an interest through an investment in Upnit Power Limited Partnership in the 6.5 MW China Creek hydroelectric plant; an interest through an investment in Robson Valley Power Corporation in the 3.3 MW Ptarmigan Creek hydroelectric plant, and the distribution and sale of electricity at the distribution utility near Kyuquot.
Financial Overview
For the nine months ended 31 March 2020, Synex International Inc revenues increased 4% to C$2.4M. Net loss decreased 86% to C$149K. Revenues reflect Electricity sales increase of 10% to C$2.3M. Lower net loss reflects Salaries, general and administrative decrease of 26% to C$1.6M (expense), Stock-based compensation decrease from C$34K (expense) to C$0K, Interest and other increase of 36% to C$21K (income).
Employees: 17 as of Jun 30, 2014
Reporting Currency: Canadian Dollars
Enterprise value: $22.37M as of Mar 31, 2020
Annual revenue (TTM): $2.98M as of Mar 31, 2020
EBITDA (TTM): $0.51M as of Mar 31, 2020
Net annual income (TTM): -$7.29M as of Mar 31, 2020
Free cash flow (TTM): -$0.35M as of Mar 31, 2020
Net Debt Last Fiscal Year: $13.23M as of Mar 31, 2020
Shares outstanding: 39,465,339 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization