{"id":69021,"date":"2019-07-29T13:36:25","date_gmt":"2019-07-29T05:36:25","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/tinkerine-reports-its-q1-results.3dm"},"modified":"2019-07-29T13:36:25","modified_gmt":"2019-07-29T05:36:25","slug":"tinkerine-reports-its-q1-results","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/tinkerine-reports-its-q1-results\/","title":{"rendered":"Tinkerine reports its Q1 results"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<div class=\"dpsp-total-share-wrapper\"><span class=\"dpsp-total-share-count\">385<\/span><span>shares<\/span><\/div>\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">381<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">3<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">1<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<h3><b>The CEO runs Tinkerine on a tight ship<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Tinkerine (TTD.V), the Canadian manufacturer of the Ditto 3D Printer, released today its first quarter financial report. Revenues increased by 58% from CAD 109K to CAD 172K. In the first quarter ended 31 March 2016, Tinkerine performed strongly in Canada but lost market share in the USA and other markets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In Q1 2016 revenue derived by geographic segment was Canada \u2013 CAD 153K and United States \u2013 CAD 18K versus geographic segmented sales in Q1 2015 of Canada \u2013 CAD 42K, United States \u2013 CAD 44K and Other \u2013 CAD 23K <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The manufacturer is essentially targeting the Education market. Sales are therefore usually weaker in the first quarter and stronger in the second and third quarter.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-80843\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/05\/screenshot-2016-05-30-a\u0300-15.11.19.png\" alt=\"screenshot 2016-05-30 a\u0300 15.11.19\" width=\"663\" height=\"636\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/05\/screenshot-2016-05-30-a\u0300-15.11.19.png 663w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/05\/screenshot-2016-05-30-a\u0300-15.11.19-200x192.png 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/05\/screenshot-2016-05-30-a\u0300-15.11.19-500x480.png 500w\" sizes=\"(max-width: 663px) 100vw, 663px\" \/><\/p>\n<h3><b>Tinkerine faces possible cash issues<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The company raised CAD 315K in the first quarter from the management and closely related persons. Cash outflow was CAD 244K in the first three months of 2016. At the end of the quarter the company had net cash available of CAD 272K. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Total outstanding number of shares has increased to 49M at the end of March 2016, giving the company a CAD 2.5M market capitalisation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Tinkerine management has been able to reduce significantly its cost during the last 9 months. The company won\u2019t be able to reduce them further. The company is now in a situation where it has to become cash-flow positive in the next months. Tinkerine has very limited resources to develop new products and to expand internationally. Considering the pressure from the competition in the USA and Europe, Tinkerine might fail to reach breakeven by the end of the year. This will put further pressure on its share price and limit its capacity to raise further funds.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>385shares 381 3 1 The CEO runs Tinkerine on a tight ship Tinkerine (TTD.V), the Canadian manufacturer of the Ditto 3D Printer, released today its first quarter financial report. Revenues increased by 58% from CAD 109K to CAD 172K. In the first quarter ended 31 March 2016, Tinkerine performed strongly in Canada but lost market [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182807,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/05\/screenshot-2016-05-30-a\u0300-15.11.19.png","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170],"class_list":["post-69021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tinkerine reports its Q1 results - FacFox News<\/title>\n<meta name=\"description\" content=\"385shares38131The CEO runs Tinkerine on a tight ship Tinkerine (TTD.V), the Canadian manufacturer of the Ditto 3D Printer, released today its first\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/facfox.com\/news\/tinkerine-reports-its-q1-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tinkerine reports its Q1 results\" \/>\n<meta property=\"og:description\" content=\"385shares38131The CEO runs Tinkerine on a tight ship Tinkerine (TTD.V), the Canadian manufacturer of the Ditto 3D Printer, released today its first\" \/>\n<meta property=\"og:url\" content=\"https:\/\/facfox.com\/news\/tinkerine-reports-its-q1-results\/\" \/>\n<meta property=\"og:site_name\" content=\"FacFox News\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-29T05:36:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/05\/screenshot-2016-05-30-a\u0300-15.11.19.png\" \/>\n<meta name=\"author\" content=\"edi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/05\/screenshot-2016-05-30-a\u0300-15.11.19.png\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"edi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/facfox.com\/news\/tinkerine-reports-its-q1-results\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/facfox.com\/news\/tinkerine-reports-its-q1-results\/\"},\"author\":{\"name\":\"edi\",\"@id\":\"https:\/\/facfox.com\/news\/#\/schema\/person\/30c6618bf20fcdd6af222ac673dfd857\"},\"headline\":\"Tinkerine reports its Q1 results\",\"datePublished\":\"2019-07-29T05:36:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/facfox.com\/news\/tinkerine-reports-its-q1-results\/\"},\"wordCount\":285,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/facfox.com\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/facfox.com\/news\/tinkerine-reports-its-q1-results\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/05\/screenshot-2016-05-30-a\u0300-15.11.19.png\",\"keywords\":[\"3dprint\",\"3dprinting\"],\"articleSection\":[\"Aerospace\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/facfox.com\/news\/tinkerine-reports-its-q1-results\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/facfox.com\/news\/tinkerine-reports-its-q1-results\/\",\"url\":\"https:\/\/facfox.com\/news\/tinkerine-reports-its-q1-results\/\",\"name\":\"Tinkerine reports its Q1 results - 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