Profit statements

Alphinat reports earnings of $ 91,928 for the year ended August 31, 2021

MONTREAL QC / ACCESSWIRE / December 17, 2021 / Alphinat Inc. (TSXV: NPA) announces earnings of $ 91,928 for the year ended August 31, 2021.

During the 2021 financial year, Alphinat focused most of its commercial efforts on its partnerships and the acceleration of sales in the public sector. In addition, SmartGuide continues to be used by federal government departments and agencies, state / provincial and municipal governments.

Our teams are involved in a variety of strategic projects with very short delivery times, demonstrating the level of productivity that SmartGuide offers to our customers and partners. At Alphinat, we are constantly looking for ways to improve the user experience and the interoperability of customers’ IT infrastructures.

SmartGuide allows IT to focus on infrastructure, technical conventions, connections to legacy systems, and security, while business experts develop this foundation to convert their knowledge and expertise into customer-centric online services. citizens. SmartGuide has repeatedly demonstrated that it offers our customers and partners the lowest total cost of ownership (“TCO”) compared to custom coded solutions.

In order to accelerate its future growth, Alphinat has considerably broadened its horizons by now counting four main areas of solution development:

  1. SmartGuide ® Portal Edition for Dynamics 365 1 optimized the way customers can now build and deploy online services in addition to Microsoft Dynamics 365 CRM solutions. This offer is available in SaaS mode as well as locally;
  2. SmartGuide ® GreenHouse Gas Registry is a green financial technology solution that enables governments and industry to work together to reduce the harmful effects of greenhouse gases;
  3. SmartGuide ® Claims solutions have been developed in conjunction with a leading IT consulting partner, which aims to provide unmatched productivity to federal, state and municipal clients for financial claims, arbitration and settlements for financial compensation and claims. class action settlements with customizable citizen services and internal applications;
  4. SmartGuide ® CIVIC Portal for Amanda ™ 2 and SmartGuide ® The municipal cloud is a municipal cloud and on-premises solutions, front-end partner solutions and other digital services for a better user experience for client cities and their citizens.

In 2021, our R&D team continued to improve SmartGuide and SmartGuide derivatives to support the growing ambitions of our customers and partners while supporting our own strategic growth. We have added automated processing of class actions and financial claims to our repeatable solution offerings and market these solutions with an IT consulting partner.

The team provides solutions to various federal, state / provincial and municipal agencies across North America and Europe. In addition, the company continues to be involved in supporting its partners to ensure the delivery of solutions to government customers.

For the 12-month period ended August 31, 2021, the Company recorded total revenues of $ 1,558,396 compared to $ 1,372,185 for the same period in 2020. Net earnings for fiscal 2021 amounted to

$ 91,928 or $ 0.0015 per common share compared to net earnings of $ 127,803 or $ 0.002 per common share for fiscal 2020.

Alphinat’s financial statements and MD&A for the period ending August 31, 2021 are available on SEDAR at www.sedar.com.

About Alphinat

At Alphinat, we are driven by a passion to make application development easy for everyone and system interoperability issues are a thing of the past. We enable people with a view of how a finished app will look and behave to be an important part of the development process. After all, what better way to ensure a favorable outcome than to provide those closest to the end users of an application with a vested interest in its success throughout its development?

That’s why we’re bringing you new ways to empower the right people at the right time in the app development process. At the same time, we are constantly working to reduce the need for coding in order to make the development and maintenance of applications simpler and less prone to errors.

So whether you choose to develop your applications using our low-code SmartGuide platform®, start your project using one of our prebuilt apps or hire us or one of our partners to do the job for you, we’re here to help you deploy better apps in record time. Visit us at https://www.alphinat.com for more information. We look forward to hearing from you.

Forward-looking statements

Certain statements contained in this document, including those which express management’s expectations or estimates regarding the future performance of the Company, constitute “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements are, by necessity, based on a number of estimates and assumptions; although management believes they are accurate at the time they are expressed, they are inherently subject to significant business, economic and competitive risks and uncertainties. We inform readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors which may cause the actual results, performance or achievements of the Company to be materially different from the results, performance or achievements. future expressed or implied in these forward-looking statements. differences between actual results and those described in the outlook ng statements. These include, but are not limited to, the Company’s ability to increase market acceptance of its products and enter new markets; the potential existence of defects or undetected problems in the Company’s products; the Company’s ability to manage its growth; the Company’s ability to compete with others; potential commitments; upholding the Company’s intellectual property rights and defending against litigation calling these rights into question; the Company’s reliance on the knowledge of its key personnel; and the Company’s access to sufficient capital to finance its future needs. This is a partial and not exhaustive list of factors that could affect any of our forward-looking statements. Investors are cautioned not to place undue reliance on forward-looking statements. This opinion applies to all forward-looking statements, whether expressed orally or in writing, attributed to Alphinat or to any person expressing them on behalf of the Company. The Company has no obligation to publicly update these forward-looking statements, whether to reflect new information, future events or other circumstances. The risks and uncertainties weighing on the Company are described in more detail in the Company’s annual report.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact:

Mr. Curtis Page
Chief executive officer
Alphinat inc.
(514) 398-9799 ext 225

1 Dynamics 365 is a trademark of Microsoft Corporation

2 Amanda ™ is a registered trademark of Granicus

THE SOURCE: Alphinat inc.

See the source version on accesswire.com:
https://www.accesswire.com/678450/Alphinat-Announces-a-Profit-of-91928-for-Fiscal-Year-Ended-August-31-2021