13:33:00 EDT Sat 04 May 2024
Enter Symbol
or Name
USA
CA



Imperus Technologies Corp
Symbol LAB
Shares Issued 160,923,381
Close 2015-06-01 C$ 0.36
Market Cap C$ 57,932,417
Recent Sedar Documents

Imperus Technologies loses $2.83-million in Q1 2015

2015-06-02 08:30 ET - News Release

Mr. Daniel Kajouie reports

IMPERUS REPORTS RECORD TWO MONTH GAMING REVENUE OF $3.9M

Imperus Technologies Corp. has filed its interim financial and operating results for the three-month quarter ended March 31, 2015, on SEDAR and on the Imperus Technologies website.

First-quarter results include:

  • Gaming revenue of $3,896,453 (approximately $3.98-million total revenue), which represents Imperus's best quarter ever;
  • Vast majority of revenue generated from only two months of operations (from Jan. 30, 2015, to March 31, 2015);
  • Net comprehensive loss for the quarter of $2.83-million with aggregate expenses of $2.73-million in interest, accretion, change in value of long-term debt, amortization, depreciation and income taxes;
  • Ends quarter with $9,485,000 cash and cash equivalents.

"We are very pleased with results of our DIWIP acquisition, and it is reflected in our strong revenue growth profile," said Daniel Kajouie, chief executive officer and president of Imperus. "Moving forward, financials will reflect a full three months of revenue, rather than two, and not incur the one-time charges related the DIWIP transaction. We look forward to building on the positive momentum of the revenue DIWIP suite of games are providing while integrating them into our mobile platforms to capture more users, and create additional revenue streams."

All selected and referenced financial information should be read in conjunction with the company's unaudited interim consolidated financial statements and related management's discussion and analysis for the first-quarter 2015 period which are posted on SEDAR.

We seek Safe Harbor.

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