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Die Q2 Zahlen sind übrigens da, lange vor der Zeit und besser als erwartet:
Eight Solutions Announces Second Quarter Results
VANCOUVER BC, July 26, 2016 — Eight Solutions Inc. (TSXV:ES) (“Eight Solutions” or the “Company”) announces the release of its unaudited consolidated interim financial results for the three and six months ended June 30, 2016. All figures are in Canadian dollars.
Q2 2016 Financial Highlights
• Revenue for the three months ended June 30, 2016 was $1,553,199, an increase of over 200% compared the three months ended June 30, 2015 as the Company earned and received the maximum $1,000,000 performance-based royalty from Prime Focus Limited (“Prime Focus”) pursuant to the Company’s 3D technology license agreement with Prime Focus
• Net income attributable to the shareholders of the Company for the three months ended June 30, 2016 was $2,883,282 ($0.05 basic and diluted earnings per share), an increase of almost 290% and an increase of $0.08 basic and diluted earnings per share compared to the three months ended June 30, 2015
• In connection with the Company’s action against Tianjin Fu Feng Da Movie & Television Technology Investment and Development Co., Ltd. (“FFD”), the B.C. Supreme Court ruled in favour of Eight Solutions resulting in the extinguishment of the $3,294,635 loan to FFD and the release of all respective security during the three months ended June 30, 2016
• Net income attributable to the shareholders of the Company for the six months ended June 30, 2016 was $1,227,041 ($0.02 basic and diluted earnings per share)
Q2 2016 Operational Highlights
• The Company completed the initial sawmill module of its Cirrus product for the forestry sector and is now actively selling the tool to the industry. The Company has received positive feedback, and early expressions of interest from a number of forestry companies, both in Canada and the U.S. The Company has been developing a second forestry software product focused in product grading that is planned for release by mid third quarter of this year. Both products are big data cloud solutions that enable users to connect machine sensor data to the boardroom
• The Company completed development of a digital asset transfer system that moves assets between storage assets between connected facilities, further enhancing the Company’s Stratus product. Designed as a focused, lightweight component that can be easily integrated into a distributed asset management framework, the Company has been in discussions with a few large data storage manufacturers to license this transfer system
• The Company completed another successful round of beta testing for its Sky product, continuing to incorporate a number of rich features into this mobile data analytics tool
Q2 2016 Financial Summary
Three Months ended
June 30, 2016 June 30, 2015
Revenue§$ 1,553,199 $ 497,689
Net income (loss) and comprehensive income (loss) attributable to the shareholders of the Company
$ 2,883,282
$ (1,521,993)
Basic earnings (loss) per share $ 0.05 $(0.03)
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