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Post# of 4977779
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thinkingStone

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thinkingStone

Re: None

Wednesday, 11/12/2014 9:47:47 AM

Wednesday, November 12, 2014 9:47:47 AM

Post# of 4977779
QFOR release earning, revenue up 45% up y/y.
Third Quarter 2014 Financial Highlights:
• Revenue increased 45% year-over-year to $13.2 million
• Gross profit increased 33% year-over-year to $3.5 million
• Gross margin percentage for the quarter was 26%
• EBITDA increased 89% year-over-year to $1.9 million
• Net income improved year-over-year to $172,100 from a net loss of $836,309
• Debt service decreased 40% year-over-year to $314,447
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