Link section to Armada Insurance Link to Car Cost Canada Link to The Car Magaiznes web site Link to Home Page

Armada’s Financial Strength and Solid Balance Sheet

by Eli Oszlak on September 29, 2011

in Corporate News & Information,Financial Documents

The key to any company’s long term viability lies in it’s financial strength and solid balance sheet.

All the great pie-in-sky projections mean nothing without the strength of a proven track record and a solid balance sheet to back it up.

The chart below demonstrates the company’s impressive progress over the past 4 years, despite the economic turmoil the world has gone through over the same period.

1- Revenue increased 77%

2- Net Income before taxes increased 146%

3- Total Assets increased 104%

4- Total Shareholder’s Equity increased 96%

Armada is the only public company of its size to deliver results even remotely close to these.


Previous post:

Next post: