News
Personas Provides Q1 Interim Financial Statement Update
Toronto, Ontario–(Newsfile Corp. – June 3, 2024) – Personas Social Incorporated (TSXV: PRSN) (the “Company“) announces that the consolidated financial statements for the first quarter of 2024 (“Financial statements“) and Management’s Discussion and Analysis (“MD&A“) for the quarter ended March 31, 2024, were filed on SEDAR.
The Company is proud to announce that the quarter ending March 31, 2024 showed a net loss of $2,359 compared to net income of $108,295 in the first quarter of 2023. Expenses increased from $396,451 in 2023 to $531,447 in 2023. The increase in expenses is primarily due to additional consulting expenses.
Certain information provided in this release is taken from the Company’s Financial Statements and Performance Analysis for the quarter ended March 31, 2024 and should be read in conjunction with them. It is only in the context of the full information and disclosures contained in the Financial Statements and MD&A that an investor can properly analyze this information.
For more information, please contact:
Embedded Social Personas
Mark Itwaru
President and CEO
647.789.0074
Mark Itwaru mark@personas.com
Forward-looking statements
This press release contains forward-looking statements regarding the expected timing of the Annual Filings. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation’s expectations are risks detailed from time to time in the Corporation’s filings with securities regulations. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release and the Corporation will publicly update or revise any of the included forward-looking statements as expressly required by Canadian securities law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
To view the original version of this press release, please visit https://www.newsfilecorp.com/release/211384