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Smart Employee Benefits Inc.

09:52 AM EST - Smart Employee Benefits Inc. : Reports its financial results for the fourth quarter and fiscal year ending November 30, 2019. Adjusted EBITDA improved by $1.301M in the fourth quarter to a negative $133,259 from a negative $1.434M. EBITDA for the year improved by $8.567M to a positive $627,691 from a negative $7.939M, a portion of which was due to the gain from the sale of the company's 75% shareholding in a subsidiary. Smart Employee Benefits Inc. shares V.SEB are trading down $0.04 at $0.11.