MONTREAL, May 28, 2015 /CNW Telbec/ - INTEMA SOLUTIONS Inc. ("INTEMA" the "Corporation") (TSXV: ITM)., announced today that it has filed the company's 2015 first quarter financial results.
Highlights for the first quarter ending March 31, 2015:
- Gross Revenue increase for Q1 2015 - $337,755
revenues were 20% higher from Q1 2014 results. - Net value increased to $2,008,455
- Two new long-term agreements
- Reduction of long-term debt to $55,450
- EBITDA of $(160,136) and net loss of $286,000
The first quarter is encouraging with the openness of the market to our products. Indeed, two new agreements for our Predictive Marketing Engine were signed in the first quarter. These agreements were done with Canadian companies active on the English speaking market and the French speaking market. These two new agreements will begin to be visible on our sales near the end of the third quarter of this year.
Also, extra manpower was added to our marketing team and to our sales force. Consequently the list of potential customers and customers with whom we have already begun discussions, has increased. From the discussions with these potential customers, we realize that the market is looking more and more for our technologies. We are confident that we will conclude other agreements on the Canadian market in the second quarter. The increase in sales and business development costs was $ 156,000 during the first quarter of this year.
In order to maintain our position as a leader and an innovator in the integration of technologies to marketing, we continued the development of our email platforms and the Predictive Marketing Engine.
About INTEMA Solutions Inc.
Intema Solutions Inc. mission is to integrate technologies to marketing. The scope of its activities entails Predictive Marketing, Relational Marketing as well as Database Marketing. Intema's clientele corresponds to a variety of enterprise sizes across North America. For more information, please visit www.intema.ca
Neither TSX Venture nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.
SOURCE INTEMA Solutions inc.
Robert Deslandes, CFO, Intema Solutions, Inc., Tel.: (514) 861-1881 - www.intema.ca
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