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Microcap & Penny Stocks : Stateside's Canadian Microcap Board
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From: downandout11/4/2015 5:24:13 PM
   of 1728
 
IQ financials out

BUSINESS REVIEW The Company continues to focus on its key strategy elements to build revenues and manage costs to achieve sustained profitability and positive cash flow, and to seek opportunities to form value creating strategic partnerships. Second Quarter Highlights: The main highlights of the quarter were as follows with comparisons to the same quarter the previous year (except as otherwise noted):
? Revenue improved by 13% to $757 from $672
? Recurring revenue improved by 22% to $564 from $463
? EBITDAS improved by 79% to $159 from $89
? Net income improvement of 144% to $127 from $52
? Service contract gross profit improvement of 23% to $437 from $328
? Positive cash flows from operations of $119 representing, representing a $46 improvement
? Positive working capital of $299 from $211 at March 31, 2015
? Future revenue pools increased to $868 from $765 at March 31, 2015

stockwatch.com
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