QuoteMedia Reports Profit and 144% Increase in Revenue for 2005 Fiscal Year
Monday April 3, 6:00 am ET
PHOENIX--(BUSINESS WIRE)--April 3, 2006--QuoteMedia, Inc. (OTCBB:QMCI - News), a leading provider of market data and financial applications, announced financial results for the fiscal year ended December 31, 2005. These results reflect a more than doubling of year-over-year revenue, from $1,009,588 in 2004 to $2,466,151 in 2005; a revenue increase of 144%. Net income reported for 2005 was $24,717 compared to a loss of $297,421 in 2004, a year-over-year bottom-line improvement of $322,138.
See web site for full release---------------mj |
