checkAd

     845  0 Kommentare AnalytixInsight Triples Q2 Revenues and Provides Corporate Update

    TORONTO, ONTARIO--(Marketwired - Aug. 29, 2017) - Artificial Intelligence company, AnalytixInsight Inc. (the "Company" or "AnalytixInsight") (TSX VENTURE:ALY) today reported record financial results for the second quarter ended June 30, 2017.

    2017 Second Quarter Financial Highlights:

    • The Company's revenue for the quarter (excluding Marketwall) was the highest in the Company's history at $967,946, which is more than triple the revenue during the same period in the previous year of $302,235, and 289% over first quarter revenues of $334,418.
    • The Company's revenue for the six months ended June 30, 2017 was $1,302,364 compared to $497,087 for the same period in the previous year.
    • Profitability continued to improve, with losses significantly decreasing. Net Loss for the quarter reduced substantially to $(41,932) compared to $(426,589) for the same period in the previous year.
    • Loss per share for Q2 2017 was $(0.00), compared to $(0.01) for Q2 2016.
    • Marketwall's revenue for the quarter was the highest in Marketwall's history at $1,850,497, a six-fold increase when compared to $283,766 in the same period in the previous year. AnalytixInsight owns 49% of Marketwall which is considered an associated company as its financial results are not consolidated with the Company's financial results. The Company continues to advance its strategy of spinning out Marketwall following the completion of Marketwall's product integration within Intesa Sanpaolo's mobile platform.
    • Marketwall's revenue for the six months ended June 30, 2017 was $2,628,389 compared to $579,231 for the same period in the previous year.
    • Recently acquired Euclides Technologies Inc. ("Euclides") currently has an order backlog of approximately $3 million.
    • The Company continues to develop its partnership with Euronext to provide its high quality financial research to Euronext, the leading pan-European exchange in the Eurozone.
    Selected Financial Information
    $ Canadian (unaudited) Three months ended
    Seite 1 von 4




    Verfasst von Marketwired
    AnalytixInsight Triples Q2 Revenues and Provides Corporate Update TORONTO, ONTARIO--(Marketwired - Aug. 29, 2017) - Artificial Intelligence company, AnalytixInsight Inc. (the "Company" or "AnalytixInsight") (TSX VENTURE:ALY) today reported record financial results for the second quarter ended June 30, 2017. …