ADF Group Inc (OTCPK:ADFJF)
$ 6.7755 -0.1945 (-2.79%) Market Cap: 202.12 Mil Enterprise Value: 187.83 Mil PE Ratio: 5.64 PB Ratio: 1.87 GF Score: 70/100
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Q3 2023 ADF Group Inc Earnings Call Transcript

Dec 07, 2022 / 03:00PM GMT
Release Date Price: $1.21
Operator

Good morning, ladies and gentlemen, and welcome to ADF Group Third Quarter 2023 Results Conference Call. (Operator Instructions) This call is being recorded on Wednesday, December 7, 2022.

I would now like to turn the conference over to Jean-François Boursier, Chief Financial Officer. Please go ahead.

Jean;FranÃ;ois Boursier
ADF Group Inc. - CFO

§ -

Thank you. Good morning. Welcome to ADF's conference call covering the third quarter and 9-month period ended October 31, 2022. I will first update you on our quarterly and year-to-date results, which were disclosed earlier this morning by press release, and then update you on our operations.

But first, a word of caution. Please note that some of the issues discussed today may include forward-looking statements. These are documented in ADF Group's management report for the third quarter and 9-month ended October 31, 2022, which were filed with SEDAR this morning.

Revenues for the quarter ended October 31, 2022, stood at $65 million compared with $110.2

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