Astron Connect Inc. (V:AST)
Business Focus: Food Retail & Distribution (NEC)
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Insider Filings
Latest 10 SEDI filings for AST within the last 6 months
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Company News
Feb 29, 2024 09:30 ET
Astron Connect Inc. Reports First Quater 2024 Results
VANCOUVER, BC – TheNewswire - February 29, 2024 – Astron Connect Inc. (the “Company” or “Astron”) (TSXV:AST) today announced its first quarter results for the three
months ended December 31, 2023.
Highlights for the three months ended December 31,
2023:
Sales for the three months ended December 31, 2023 were $Nil (2022- $Nil). There were no revenues recorded in the first quarter due to
business closure of our main supplier.
Net loss of $57,875 for the three months ended December
31, 2023 (2022 – net loss of $85,446), a decrease of 33% from
FY2022.
Operating expens
Jan 26, 2024 16:20 ET
Astron Connect Inc. Reports Full Year 2023 Results
VANCOUVER, BC – TheNewswire -- January 26, 2024 – Astron Connect Inc. (TSXV:AST) (the “Company” or “Astron”) (TSX-V:AST) today announced its full year results for the fiscal year
ended September 30, 2023.
Highlights for the year ended September 30,
2023:
Salesforthe
fiscalyearendedSeptember30,2023were$28283(2022 - $175,581),decreaseof521%from that of FY2022, due to
decreased demand for bottled water after the Covid-19 pandemic and the
volatility of international shipping costs.
Net loss of $499,897 for the year ended September 30,
2023 (2022 - net loss of $937,281), a dec
Valuation Ratios
Industry
Sector
Beta
1.29
--
--
Price to Sales - TTM
11.97
2.40
3.04
Price to Book - most recent quarter
--
2.71
2.03
Price to Cash Flow per share - TTM
--
6.67
9.41
Price to Free Cash Flow per share - TTM
--
14.39
14.93
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Nov 30, 2023 | 651 | 0 |
| Nov 15, 2023 | 651 | 0 |
| Oct 31, 2023 | 651 | 0 |
Business Summary
| Sector: Consumer Non-Cyclicals | Industry: Food Retail & Distribution |
Astron Connect Inc. is a Canada-based company, which is engaged primarily in the business of distribution and sale of beverage and food products in Canada, China and emerging markets. The Company is focused on handling logistics, distribution, marketing, sales, and the legal documentation of importing Canadian food and beverage, skin care, supplements, and agricultural products to China. It brings Canadian food and beverage companies to the world through its connections and export logistics capabilities in China and emerging markets. It is also focused on implementing effective social media and content marketing strategies using its own e-commerce platform. Through its brands, Manna Water and Sachiel Water, the Company supplies China and other emerging markets with pure Canadian bottled spring water. The Company's subsidiaries include Sachiel Holdings Ltd., Sachiel Water Inc. and Manna Resources Inc.
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