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Hampton Financial Corporation Announces 3rd Quarter Results and Completion of Second Tranche of Non-Brokered Private Placement of Unsecured Convertible Debentures

Provided By Globe Newswire

Last update: Jul 29, 2022

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TORONTO, July 29, 2022 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (“Hampton” or the “Corporation”) (TSXV:HFC & HFC.PR.A) is pleased to report its financial performance for the 3rd quarter ended May 31st, 2022. Revenues for the quarter were $5,157,000 vs $4,504,000 in the 3rd quarter of last year; an increase of 14.5%. Net Income for the period was $370,000 or $0.01 per share compared to $300,000 or $0.01 per share in 2021. EBITDA for the quarter was $668,000 vs $601,000 in the same quarter last year; an increase of 11.0%.

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