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Tinkerine Studios Ltd. (TSXV:TTD) has released its financial results for the year ended on December 31, 2015.
Tinkerine Studios Ltd. (TSXV:TTD) has released its financial results for the year ended on December 31, 2015.
According to the press release:
The Company’s consolidated financial statements and management discussion and analysis (“MD&A”) for the twelve months ended December 31, 2015 are available on SEDAR at www.sedar.com and on the Company’s website at www.tinkerine.com.
Highlights
2015 revenue of $1,268,074, a 270% increase from 2014 revenue of $342,839; 2015 gross profit of $595,230, a 293% increase from 2014 gross profit of $151,312; Successfully implemented a dealer network for the DittoPro product with good coverage of the Canadian and USA markets; Initial launch of Tinkerine U content delivery platform which provides educators, students and consumers with 3D printer training, lesson plans and a form to share digital files; Integrated Ditto Pro software with Adobe Photoshop CC; Maintained a commitment to research and development in both hardware and content/software; Q4 2015 revenue of $349,000, a 236% increase from Q4 2014 revenue of $104,000; 2015 net loss of $1,069,447 versus a 2014 net loss of $2,700,252.
Click here to read the full press release.