Espial Group, Inc. announced unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenues of $2,542,059 compared with revenues of $3,650,536 in the same period a year ago. Loss before interest, foreign exchange, taxes, stock compensation, depreciation and amortization (LBITDA) for the first quarter of fiscal 2013 was a loss of $2,460,496 compared to EBITDA of $112,758 in fiscal 2012. Included in the loss was a restructuring charge of $1,049,222 related to the acquisition of ANT. Net loss, which includes non-cash items like depreciation, goodwill and intangibles in the first quarter was $3,272,169 or $0.23 per share compared to a loss of $358,603 or $0.03 per share for the last year.

Espial Group, Inc., Q1 2013 Earnings Call, May 10, 2013

Espial Group, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, revenues of $2.7 million compared to revenues of $4.1 million for the three months ended December 31, 2011. Net loss was $1.3 million or $0.09 per share compared to a net loss of $0.6 million last year, or $0.04 per share. Net interest expenses was $125,068 against $116,639 a year ago. Loss before interest, foreign exchange, taxes, stock compensation, depreciation and amortization was $910,636 against earnings before interest, foreign exchange, taxes, stock compensation, depreciation and amortization of $197,052 a year ago. For the year, net interest expenses was $469,481 against $474,866 a year ago. Loss before interest, foreign exchange, taxes, stock compensation, depreciation and amortization was $747,962 against $193,123 a year ago. Net loss and comprehensive loss was $2,707,139 against $2,502,410 a year ago. For the period, the company reported revenues of $13.3 million compared to revenues of $14.7 million for the year ended December 31, 2011.