AtmanCo Announces Annual Results for 2013
02 4월 2014 - 8:00AM
Marketwired
AtmanCo Announces Annual Results for 2013
MONTREAL, QUEBEC--(Marketwired - Apr 1, 2014) - AtmanCo Inc.
("AtmanCo" or the "Company") (TSX-VENTURE:ATW), a leader and
innovator in web psychometric test solutions for recruitment,
organizational development and talent measurement within companies,
announces its results for the 12 months ending December 31st,
2013.
Highlights for 2013
- For the year, increased revenue from $575,064 to $1,214,203.
Note that the period ending December 31st 2012 consists of 7 months
compared to 12 months for December 31st 2013.
- Increase in deferred revenues of $356,443, from $174,685 on
December 31st 2012 to $531,128 on December 31st 2013.
- Recognition of an impairment loss on intangible assets used in
the field of cyberhealth of $418,346.
- The Company has partnered with the CCAQ and CIIQ to expand its
offering in the automotive and real estate market.
"Last year was a significant period of transition for AtmanCo,
following the reverse takeover. We focused on license sales, based
on the proven AtmanCo solution, while increasing the growth of our
human capital." said President and CEO of AtmanCo, Michel Guay.
"Many appointments within our management team have added
expertise and knowledge that is beneficial to our business. The
powerful diverse expertise that makes up our team helps us meet the
increasing needs of many clients in various industries. The
contribution of the new members, as well as the growth and
integration of new employees have allowed us to achieve our sales
targets set for 2013."
"Several activities were carried out during 2013 in order to
align our website redesign with our digital marketing strategy and
position us to further promote our AtmanCo solution on the web,"
said President and CEO Atman, Michel Guay.
On February 20th 2014, the Company accepted an offer to sell the
assets of the cyberhealth division. The assets include the
technology, as well as some patents and trademarks. The Company
expects to close the transaction during the second quarter.
Following this transaction, the Company expects to receive a total
of $ 610,000 in cash from the buyer.
in thousands of $ (except for share amounts) |
Dec 31st 2013 $ (12 months) |
|
Dec 31st 2012 $ (7 months) |
|
31 mai 2012 $ (12 mois) |
|
Extracted from the consolidated financial statements |
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues |
1
214 |
|
575 |
|
500 |
|
|
|
|
|
|
|
|
Net earnings and overall result* |
(1 629 |
) |
(609 |
) |
(343 |
) |
Net earnings per basic and fully diluted share |
(0,04 |
) |
(0,03 |
) |
(0,02 |
) |
|
|
|
|
|
|
|
Cash and cash equivalents |
509 |
|
1 188 |
|
- |
|
*Net earnings and overall results for the twelve months ending
December 31st 2013 include amortization of $293,925 and impairment
loss on intangible assets in the cyberhealth division for $418,346.
The seven-month financial year ending December 31st 2012 includes
amortization of $88,683 and the costs related to the reverse
takeover for $129,047.
Above data includes a summary of highlights. For further
information, please consult the Corporation's consolidated
financial statement as well as the Management Report for the fiscal
year ending December 31, 2013 at www.sedar.com
Forward looking statements
This press release contains forward-looking statements that
reflect the Company's current expectation regarding future events.
There is a risk that expectations and forward looking statements
will not prove to be accurate. Readers are cautioned not to place
undue reliance on these forward looking statements as they involve
risks and uncertainties, which could make actual results differ
materially from those projected herein and depend on a number of
factors including, but not limited to, no history of profitability,
future financing, intellectual property and patents, key personnel,
competitive marketplace, technology obsolescence, share price
volatility and other risks detailed from time to time in the
Company's filings. While AtmanCo anticipates that subsequent events
and developments may cause its views to change, AtmanCo
specifically disclaims any obligation to update these forward
looking statements, unless obligated to do so by applicable
securities laws
Additional information regarding the Company are available on
SEDAR www.sedar.com
ATMANCO PROFILE
Field of human resources
Using a management interface (Web platform) that is among the
most advanced, AtmanCo helps executives and managers recruit
qualified human resources by placing the right person in the right
position.
By quickly obtaining results of psychometric tests, comparing
profiles to job norms and generating complementarity reports,
managers are equipped throughout their human resources
processes.
The Company stands out in its marketing approach via its
Website, direct sales and partner network. For further information,
visit www.atmanco.com
The TSX Venture Exchange and its Regulatory Services provider
(as per meaning assigned to this term in TSX Venture Exchange's
policies) bear no liability as to the relevance or accuracy of this
press release.
AtmanCo inc.Edith BourgeoisCFO514.935.5959 ext
304www.atmanco.com
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