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Investor Relations

Annual General Meeting of the Shareholders

Thursday June 27, 2019
1:30PM, CDT
 

At Novra’s offices:
900-330 St. Mary Avenue
Winnipeg, Manitoba, R3C 325

 


Transfer Agent

Computershare Trust Company of Canada
510 Burrard Street, 2nd Floor
Vancouver, BC, V6C 3B9

Relationship Manager: Billy Chau
Tel: (604) 661-9484

Latest News

Novra Group Wins a $2.2M Order for a Major Radio Network

Winnipeg, MB – (Newsfile Corp. – July 21, 2020): Novra Technologies Inc. (“Novra”) (TSX-V: NVI) announced today that the Novra Group has received a new order valued at $2.2M for its new Audiocaster Pro, Novra Group’s next-generation of high-end audio receivers.

This is an initial order from a major North American radio network to acquire several hundred Audiocaster Pro professional audio receivers. It demonstrates the value of one of Novra Group’s powerful and flexible products to a market leader willing to commit to capital investment in uncertain times. The same customer earlier this year contracted a Novra Group company to upgrade their head-end network management systems. We anticipate that there will be follow-on orders for additional audio receivers as this client moves forward with refreshing equipment for the rest of the network.

This order is expected to be delivered between Q4 of 2020 and early 2021, given current global supply chain projections and schedules. The Novra Group companies continue to conduct business as usual within public health guidelines in their various locations, shipping products and delivering services to customers around the world.

The Audiocaster Pro is one of the new generation of products resulting from Novra’s considerable on-going R&D investment and commitment to develop leading products for the radio market.  It features advanced functionalities that support sophisticated multichannel audio distribution, including:

  • Reliable on-air signal verification of AM/FM broadcasts. This allows each receiver to monitor broadcasts to ensure that the audio is playing properly
  • Internet distribution capabilities—works over satellite, internet connection, or a combination of both
  • Expanded highly reliable onboard storage for “station-in-a-box operation”, so extensive content can be stored and scheduled for local playback with the reliability of RAID redundancy and hot-swap capabilities.

These advanced features help radio networks meet the evolving needs of their stations in an increasingly competitive landscape.

The Novra Group offers a full line of radio receivers, head-end equipment, and expert services designed to meet the technology needs of professional radio networks of any size and complexity. The Audiocaster Pro is the latest evolution of the high-end Novra Group audio products designed for large complex networks. The next-generation MAP receiver provides an ideal solution for medium-sized and smaller radio networks that want the flexibility to select from a wide range of powerful features today with the ability to expand in size and features over time as needed. The longstanding industry-favorite International Datacasting Corp. (IDC) STAR and SFX product lines continue to provide solid, proven performance to networks around the world, ranging in size from a few to many hundreds of stations.

Novra Group President and CEO Harris Liontas commented, “This order is very welcome news. It confirms that Novra Group provides the kind of business-critical technologies that keep customers continuing to make capital investments in our products—even in the current conditions. We appreciate this show of confidence in both our products today and our roadmap strategy going forward, as we continue to develop new products, capabilities, and technologies to meet customers’ current and future requirements.”

About the Novra Group:(Novra, TSX-V: NVI) The Novra Group of companies includes Novra Technologies, International Datacasting Corporation, and Wegener Communications. The companies in the group are known for a strong focus on applications—broadcast video and radio, digital cinema, digital signage, and highly reliable data communications—as well as a strong tradition of innovation, excellence, and flexibility. Novra Group is proud to work with a global network of trained partners and resellers. For more information visit:www.novragroup.com.

Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of applicable Canadian securities laws, concerning but not limited to, completion and delivery of customer contracts.  Forward-looking statements are generally identifiable by words such as “expect”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “outlook”, “opportunity”, “momentum”, “potential”, “targeted”, “plans” “possible”, “poised for”, “looking forward to”, “getting ready to”, and similar expressions, or statements that events, conditions or results “will”, “can”, “may”, “could”, “should” or are “expected to” occur or be achieved.   As such, forward-looking statements are not historical facts but reflect our current assumptions and expectations regarding future events. These are subject to a number of risk and uncertainties that could cause actual results or events to differ materially from current expectations and assumptions.  Some of these risks and uncertainties are described herein under the “Risks and Uncertainties” section of the MD&A.

For the above reasons, readers are cautioned not to place undue reliance on forward-looking statements.

Neither 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.

# # #

CONTACT:
Harris Liontas, President & CEO
+1 204 989 4632
hliontas@novra.com

 

Download PDF

Upcoming Events

The table includes all news releases since the formation of the Novra Group in June 2016.

News Release Date Filed Format Size
Novra Q1 2020 Earnings Release PDF 885.87KB
Novra Press Release Year End 2019 PDF 260.89KB
2019_Q3_Novra Technologies Financial Results Press Release PDF 893.35KB
Press Release IDC-Novra Group Selected by MVS Mexico PDF 91.91KB
Novra Group Announces New Digital Signage Order: Wellness Network Upgrades and Expands PDF 204.31KB
International Datacasting and Wegener Products Nominated for Prestigious “Product of the Year” Award at NAB Show 2019 PDF 250.98KB
NOVRA ADDS BROADPEAK’S TECHNOLOGYTO ITS NEXT-GEN VIDEO PRODUCTS FOR THE OTT MARKET PDF 233.53KB
Novra Group Announces Strong Broadcast Radio Orders, Including a New $2.7M Contract PDF 267.18KB
Investorfile.com blog post Novra Technologies PDF 360.49KB
Novra Q3 2018 Earnings Release PDF 453.89KB
Novra - Q2 2018 Earnings Release PDF 450.05KB
Novra Technologies Announces Appointment to the Board of Directors PDF 299.08KB
Novra Q1 2018 Earnings PDF 446.68KB
Novra Announces Q4 and FY 2017 Financial Results PDF 686.11KB
New Orders and Backlog PDF 238.37KB
NOVRA ANNOUNCES ORDER FOR MAJOR BANK DIGITAL SIGNAGE NETWORK PDF 75.56KB
International Datacasting Selected by Televisa Radio for New Advanced Network PDF 157.99KB
INVESTORFILE: Novra Technologies is getting bigger and the stock is a value buy PDF 603.57KB
Novra Announces Departure of CFO and Management Realignment PDF 70.58KB
Novra announces Closing of Controlling Interest in Wegener Corporation PDF 603.93KB
Novra CEO’s Performance Review and Compenstation PDF 298.47KB
Novra to Acquire Controlling Interest in Wegener Corporation PDF 609.22KB
Novra - Q3 2017 Earnings Release PDF 771.29KB
Resilient radio fuels IDC growth PDF 121.27KB
Novra Announces Profitable Q2 2017 PDF 747.65KB
Novra Announces Stock Option Grant PDF 75.54KB
Novra Announces Profitable Q1 2017 PDF 743.4KB
Novra Announces Stock Option Grant PDF 389.21KB
Novra Announces Q4 and FY 2016 Financial Results PDF 756.58KB
IDC Spotlights New Products, Projects, and Partnerships at NAB 2017 Event PDF 45.02KB
IDC and Datapath Announce Cybersecurity Partnership PDF 92.34KB
Novra Announces Closing of Private Placement PDF 491.92KB
IDC Announces New LASER Video Broadcast Network in Mexico PDF 396.82KB
Novra Announces Q3 2016 Financial Results, $5.3 million Sales Order Backlog and Proposed Private Placement PDF 902.4KB
IDC Announces $1.3 million Encryption System Order from U.S. Defense Contractor PDF 400.18KB
Novra Announces Q2 2016 Results PDF 720.41KB
IDC Announces $3 million in Orders Related to Recent Radio Network Contract PDF 86.74KB
IDC Wins Multi-Million Dollar Contract for Major National Radio Network PDF 220.13KB
Novra Announces Changes to Management Team PDF 459.06KB
IDC Announces New Radio Network and Data Network Orders PDF 111.77KB
Novra and IDC Announce Closing of Merger PDF 345.61KB

Here you will find a summary of Novra’s latest financial information.

Quarterly Filings Date Filed Format Size
MD&A - Q1 2020 07/15/2020 PDF 1.01MB
Unaudited interim financials - Q1 2020 07/15/2020 PDF 1.1MB
MD&A - Q3 2019 11/29/2019 PDF 1.26MB
Unaudited interim financials - Q3 2019 11/29/2019 PDF 967.56KB
MD&A - Q2 2019 08/29/2019 PDF 1.4MB
Unaudited interim financials - Q2 2019 08/29/2019 PDF 1.06MB
Novra MD&A - Q1 2019 05/31/2019 PDF 677.28KB
Unaudited interim financials - Q1 2019 05/31/2019 PDF 1.05MB
Novra MDA Q3 2018 11/29/2018 PDF 832.49KB
Unaudited Interim Fnancials - Q3 2018 11/29/2018 PDF 1.31MB
Novra MDA Q2 2018 08/29/2018 PDF 823.74KB
Unaudited interim financials - Q2 2018 08/29/2018 PDF 219.96KB
Novra MDA Q1 2018 05/30/2018 PDF 917.68KB
Unaudited interim financials - Q1 2018 05/30/2018 PDF 682.13KB
Novra MDA Q3 2017 11/29/2017 PDF 1.19MB
Unaudited interim financials - Q3 2017 11/29/2017 PDF 1.04MB
MD&A - Q3 2017 11/29/2017 PDF 1.17MB
Unaudited interim financials - Q2 2017 08/29/2017 PDF 679.66KB
MD&A - Q2 2017 08/29/2017 PDF 1.17MB
MD&A - Q1 2017 05/30/2017 PDF 1.14MB
Unaudited interim financials - Q1 2017 05/30/2017 PDF 1.03MB
Annual Filings Date Filed Format Size
Audited consolidated financial statements - Year 2019 06/15/2020 PDF 1.88MB
MD&A - 2017 04/30/2018 PDF 974.26KB
Audited consolidated financial statements - Year 2017 04/30/2018 PDF 1.73MB
MD&A - Year 2016 05/01/2017 PDF 1.19MB
Audited consolidated financial statements - Year 2016 05/01/2017 PDF 618.59KB
MD&A - Year 2019 06/15/2020 PDF 538.45KB

Other historical MD&A’s and financials are available on SEDAR (www.sedar.com).

Novra Group is followed by the following analysts:

Fundamental Research Corp


Siddarth Rajeev, B.Tech, MBA, CFA


Email: srajeev@researchfrc.com


Tel: 604-682-7050


www.researchfrc.com

Fundamental Research Corp.


Disclaimer: the views and analysis of Fundamental Research Corp are not those of Novra Group. Any questions and comments about their research should be directed to their contact.