QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Reports FY2019, FY2020 Financial Results
PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), a comprehensive e-commerce solution transforming the online experience to sell, trade, lease and finance vehicles, has filed its annual reports for the periods ended Dec. 31, 2020, and 2019. A report highlight was Q4 2020 revenues of $1,426,635, which is an increase in revenue of 242%, or $1 million, over Q$ 2019 revenues of $416,943. The report also indicated an adjusted EBITDA for Q4 2020 increased by $733,088, or 18% over the fourth quarter of 2019. The company reported cash on hand as of Dec. 31, 2020, was $1,403,213 compared to $243,030…