AnalytixInsight Posts Strong Quarterly Results Driven by the Increased Demand for Its Content

TORONTO, ONTARIO--(Marketwired - Aug. 24, 2016) - Big Data Analytics company, AnalytixInsight Inc. (TSX VENTURE:ALY) (the "Company" or "AnalytixInsight") is pleased to announce its financial results for the three and six month period ending June 30, 2016.

Second Quarter 2016 Financial Highlights

• Second quarter revenue increased approximately 20% over the previous quarter.
• Six month revenue of approximately $1.1 million, up 350% when compared to the same period last year.
• Improved gross margins and reduced net loss as demand for content continues to grow.

	Three months ended June 30 $ Canadian (unaudited)		Six months ended June 30 $ Canadian (unaudited)
	2016	2015	2016	2015
Revenue	586,001	17,411	1,076,318	307,176
Gross profit	330,967	(114,302)	661,009	(241,249)
Expenses	746,264	678,624	1,563,116	1,328,812
Net loss per share	(0.01)	(0.02)	(0.02)	(0.04)

Please refer to the Company's unaudited condensed interim consolidated financial statements and corresponding management's discussion and analysis for the three and six month period ended June 30, 2016 available under the Company's profile at www.sedar.com.

Second Quarter 2016 Operational Highlights

• CapitalCube publishing has increased to approximately 3,000 auto-generated articles daily which is only approximately one third of total publishing capacity.
• CapitalCube traffic increased by more than 830% when compared to the same period last year and is now over 2 million unique visitors per month.
• Infrastructure expansion to accommodate CapitalCube traffic growth.
• Mobile device access on CapitalCube is growing strongly and is a significant driver of business.
• Continued investment in MarketWall initiatives in advance of recently announced contracts (approximately CAD$2 million) with Intesa Sanpaolo in addition to the multi-year licensing partnership.

Management Commentary