AtmanCo Announces Third Quarter 2017 Results

AtmanCo (TSXV:ATW) has announced its third quarter results for the quarter ended September 30, 2017.
As quoted in the press release:

Highlights of its third quarter:

• Revenues up by $2.4m (867%) from last year to reach $2.7m.
• Order book of $10.5m, up by $9.7m from last year.
• Cash flows from operations of $-1k, up by $129k from last year.
• Closing of the acquisition of VuduMobile Inc. (‘VuduMobile’) on October 1, 2017.
• Signatures of letters of intent for the acquisitions of PlusMobile LLC (‘PlusMobile’) and Services Appwapp Inc. (‘Appwapp’).

« In the third quarter of 2017, we have completed the integration and harmonization of VoxTel activities into AtmanCo and pursued the development of promising business opportunities for the future including those announced in the recent months. Otherwise, due to all those efforts, some opportunities had been delayed but we are confident they would materialize in the coming quarters while growing our revenues and order book accordingly. Moreover, as the continuation of our growth plan in fast growing industries such as messaging, interactive communication and monetization, we are pleased to have completed the acquisition of VuduMobile and come to an agreement to acquire both PlusMobile and Appwapp. This should also allow us to diversify our operations and continue to build our database with the objective of becoming a world leader in the monetization of communication solutions », said President and CEO of AtmanCo, Michel Guay.
The above data includes a summary of highlights. For further information, please consult the Corporation’s interim consolidated financial statement as well as the Management Report for the quarter ended September 30, 2017 at www.sedar.com.

Click here to read the full press release.