ParcelPal Logistics Inc. provided earnings guidance for the fourth quarter of 2021. The company announced that for the months of October and November 2021, it had achieved its second consecutive year of back to back operationally profitable months. The company believes December 2021 will be operationally profitable, leading to what the company anticipates will be an operationally profitable fourth quarter.

The fourth quarter of 2020 was the first time the Company had ever achieved an operating profit in a quarter, and anticipate fourth quarter 2021 will be similarly successful, but with higher revenues and lower costs. The company note that these preliminary results are unaudited and subject to a full quarterly financial review, but the point remains the same, the Company is increasing gross revenues with continually improved margins, which is a major positive for any operating company.