Enablence Technologies

Fresh off a shakeup that saw Enablence (TSX-V:ENA) install a new CEO and chief financia
As an Ottawa photonics manufacturer drops deeper into the red, its management is indicating that the firm’s future is at risk without financing to bolster its production capacity.
Ottawa-based Enablence Technologies has increased its loan facility with Export Development Canada from $3 million to $5 million, the company said Thursday.
As the losses continue to mount at Ottawa-based Enablence, accounting firm Deloitte LLP said late Wednesday it has “significant doubt” about the future of the local company.
Ottawa-based optical component supplier Enablence Technologies reported second-quarter results that “may cast significant doubt about the company’s ability to continue as a going concern,”
Optical component supplier Enablence Technologies filed financial results late Tuesday that showed revenue at $4.7 million for fiscal 2014, down from $7.5 million in 2013.
Troubled Ottawa-based optics manufacturer Enablence (TSXV:ENA) managed to shrink its losses in the second quarter even as revenues continued to drop.
Troubled Ottawa-based optics manufacturer Enablence (TSXV:ENA) managed to shrink its losses in the second quarter even as revenues continued to drop.