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Friday, October 02, 2015 3:57:03 PM
its revenues will show Arthur just like other companies that have subsidiaries.. filings talk about that
Our revenue for the six-month period ended May 31, 2015 decreased by $384,194, or 85%, to $66,821, as compared to $451,015 reported for the six-month period ended May 31, 2014. The decrease in revenues was due to the sale of most of our customers on September 30, 2014. We believe we are now in a better position to rebuild our revenues with our acquisition of Canalytix and Plaid Canary. For the first time in several quarters, we recorded a quarterly increase in revenues. Our second quarter revenues in fiscal 2015 of $65,927 represented an increase of quarterly revenues of $65,033, over first quarter revenues of $894, and was nearly all due to application development sales involving our new Canalytix subsidiary. Beginning in the third quarter of fiscal 2015, our revenues will also include the sales from our Grow Big subsidiary.
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