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aber es ist Wachstum zu sehen und die Q1 Zahlen werden zeigen ob dieses anhält.
An bei mal ne Google-Translator Ünersetzung.
Revenue for the year ended December 31, 2017 was $3,541,627, up 2% compared to the year ended December 31, 2016. The increase was driven by Cumul8 licensing and support revenue, which was up 40% compared to the year ended December 31, 2016.
On May 30, 2017, the Company closed the sale of its 3D Technology (the “Transaction”) to Prime Focus and terminated its prior licensing agreement with Prime Focus. Upon completing the Transaction, the Company received $2 million for the sale and $3 million for the termination of the original license agreement. The Company also signed an 18-month Technology Support Agreement with Prime Focus totaling approximately $810,000 with an option for Prime Focus to renew for further one-year terms.
The Company’s net loss attributable to shareholders was $3,846,104 for the year ended December 31, 2017. Excluding all one-time gains and losses, net loss attributable to shareholders of the Company improved by 18% for the year ended December 31, 2017 with the Company’s EBITDA improving by 33% compared to the year ended December 31, 2016.
The Company reduced its operating expenses by 11%, exceeding the Company’s 10% operating costs reduction goal. In line with the reduced operating expenses, the Company’s net cash used in operating activities was 30% less for the year ended December 31, 2017 when compared to the year ended December 31, 2016.
The Company added an Asset Health module to its Cumul8 Industrial Internet of Things (IIoT) data platform, allowing users to monitor the performance of their machines and predict machine failures before they happen, thereby reducing unnecessary operational downtime. In addition, the Company signed a two-year licensing agreement to integrate its Cumul8 IIoT platform within each new piece of equipment sold by BID Group of Companies.
The Company launched version 1.3 of its Cumul8:Jetstream high speed data transfer platform, which introduced sandboxing for defining user security and permissions, super user and group capabilities, and additional APIs for managing manifests. The Company also signed Prime Focus, the largest integrated media services company in the world, as a Jetstream customer.
An bei mal ne Google-Translator Ünersetzung.
Revenue for the year ended December 31, 2017 was $3,541,627, up 2% compared to the year ended December 31, 2016. The increase was driven by Cumul8 licensing and support revenue, which was up 40% compared to the year ended December 31, 2016.
On May 30, 2017, the Company closed the sale of its 3D Technology (the “Transaction”) to Prime Focus and terminated its prior licensing agreement with Prime Focus. Upon completing the Transaction, the Company received $2 million for the sale and $3 million for the termination of the original license agreement. The Company also signed an 18-month Technology Support Agreement with Prime Focus totaling approximately $810,000 with an option for Prime Focus to renew for further one-year terms.
The Company’s net loss attributable to shareholders was $3,846,104 for the year ended December 31, 2017. Excluding all one-time gains and losses, net loss attributable to shareholders of the Company improved by 18% for the year ended December 31, 2017 with the Company’s EBITDA improving by 33% compared to the year ended December 31, 2016.
The Company reduced its operating expenses by 11%, exceeding the Company’s 10% operating costs reduction goal. In line with the reduced operating expenses, the Company’s net cash used in operating activities was 30% less for the year ended December 31, 2017 when compared to the year ended December 31, 2016.
The Company added an Asset Health module to its Cumul8 Industrial Internet of Things (IIoT) data platform, allowing users to monitor the performance of their machines and predict machine failures before they happen, thereby reducing unnecessary operational downtime. In addition, the Company signed a two-year licensing agreement to integrate its Cumul8 IIoT platform within each new piece of equipment sold by BID Group of Companies.
The Company launched version 1.3 of its Cumul8:Jetstream high speed data transfer platform, which introduced sandboxing for defining user security and permissions, super user and group capabilities, and additional APIs for managing manifests. The Company also signed Prime Focus, the largest integrated media services company in the world, as a Jetstream customer.
