Mr. Doug Baird reports
REPORTING RESULTS FOR THE SIX MONTHS ENDED JUNE 30, 2026
Appulse Corp. has released its financial results for the six-month period ended June 30, 2026.
The financial position and operating results of Appulse reflect the corporation's structure following the Nov. 1, 2023, sale of its wholly owned subsidiary, Centrifuges Unlimited Inc. (CUI). Further information providing details of that cash transaction and subsequent shareholder distributions have been published on SEDAR+.
The net income for the six-month period to June 30, 2026, was $73,000 (nil per share), while the comparative period of the prior year reflects a net loss of $43,000 (nil per share). Total income during the current period comprised interest and dividend income in addition to an unrealized fair value gain on the corporation's investment portfolio. The statement of financial position at June 30, 2026, reflects total assets of $4,201,000 and total liabilities of $103,000, with a resulting net equity balance of $4,098,000.
Management and the board of directors continue to actively identify and evaluate potential investment opportunities with a goal of maximizing value to all shareholders.
Further information on Appulse can be obtained on the SEDAR+ profile of Appulse.
We seek Safe Harbor.
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