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bluedrop performance learnin (BPL) Snapshot

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08/28/13 - C$0.17
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bluedrop performance learnin (BPL) Details

Bluedrop Performance Learning Inc. provides learning solutions. The company offers CoursePark, a cloud based learning management solution that integrates modern social networking, informal learning, formal learning, and collaboration. It also develops and delivers custom online courseware, virtual training devices, and virtual reality simulation products. In addition, the company provides mission critical training solutions, including courseware, virtual task trainers, part task trainers, and simulation products for international military and commercial aviation customers. It has a strategic partnership with Maya Global Enterprises Solutions AB to develop and deliver critical skills training to women entrepreneurs. Bluedrop Performance Learning Inc. was founded in 1992 and is based in St. John's, Canada.

185 Employees
Last Reported Date: 05/30/14
Founded in 1992

bluedrop performance learnin (BPL) Top Compensated Officers

Founder, Chief Executive Officer, President a...
Total Annual Compensation: C$169.4K
Chief Financial Officer
Total Annual Compensation: C$45.2K
Chief Operating Officer of the Learning Netwo...
Total Annual Compensation: C$126.7K
Vice President of Production and Solutions
Total Annual Compensation: C$150.0K
Executive Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

bluedrop performance learnin (BPL) Key Developments

Bluedrop Performance Learning Inc. Reports Earnings Financial Results for the Second Quarter and Six Months Ended March 31, 2014

Bluedrop Performance Learning Inc. reported earnings financial results for the second quarter and six months ended March 31, 2014. Revenues for the three month period ended March 31, 2014 increased by 60% to $4.5 million from the $2.8 million in same period in 2013. Pre-tax loss for the quarter was $0.8 million compared to $0.6 million for the same period last year. Revenue for the six months ended March 31, 2014 was $6.5 million up from $5.3 million, an increase of 22% on the same period in the previous year. The increase reflects the consolidation of revenues from Atlantis which was acquired on December 31, 2013. Pre-tax loss for the period was $3.5 million compared to a loss in the same period last year of $0.9 million. After tax loss for the period was $2.6 million compared to a loss of $0.8 million for the same period in the previous year.

Bluedrop Performance Learning Wins Flight Simulator Contract with Colombian National Police Force

Bluedrop Training & Simulation, a division of Bluedrop Performance Learning, announced that it has been awarded a contract to provide a reconfigurable helicopter crew training simulator to the Colombian National Police Force. This contract represents the first South American simulator sale for the division. The Colombian National Police will use this simulator to train their helicopter crews in difficult procedures on the ground instead of conducting in-flight training, improving performance, increasing safety and saving money. The simulator allows for the creation of complex and dynamic scenarios -- such as hostile threats and bad weather -- that would be too dangerous to train for using the actual aircraft.

Bluedrop Performance Learning Introduces Bluedrop Learning Network Platform to Solve Overwhelming Need for Simple, Scalable Training Delivery

Bluedrop Performance Learning announced the launch of the Bluedrop Learning Network Platform, (LNP), a streamlined, highly scalable solution for training delivery in workforce development. Bluedrop's LNP is a cloud-based technology that solves the overwhelming need to simplify and scale training delivery. Key Facts: The Bluedrop Learning Network Platform empowers employees of smaller businesses and job seekers to attain the most critical skills needed to remain relevant, on-demand; The Bluedrop Learning Network Platform offers a completely tailored solution designed to meet the demands of each Government, Workforce Board or NGO. Delivered as a Software as a Service solution, the scalable platform is designed to be easy and cost-effective to implement; Bluedrop leverages its expertise in workforce development and has been recognized as a thought leader globally. From this recognition, Bluedrop has made commitments to work with organizations such as the Clinton Global Initiative to help bring these critical solutions to Not-For-Profits and corporate CSR executives; To meet the unique needs of distributed corporate learning environments to millions of users outside the corporate walls, Bluedrop collaborates with a variety of industry leaders such as SMART Technologies to deliver customized and scalable training solutions that help companies train end users, vendors and channel partners; Prince Edward Island and New Brunswick recently became the third and fourth provinces to tackle a growing challenge in Canada's skills gap through Bluedrop's solutions. The provinces join Newfoundland and Labrador and Nova Scotia in bringing tens of thousands of workers and thousands of businesses into the digital learning world. Four of ten Canadian Provinces now use Bluedrop solutions to overcome the skills gaps they are facing.


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