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in-touch survey systems ltd (INX) Snapshot

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03/7/14 - C$0.45
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11/20/13 - C$0.20
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in-touch survey systems ltd (INX) Details

In-Touch Survey Systems Ltd. designs, develops, and implements data capture technologies and services for business to consumer companies in Canada and the United States. It operates in two segments, Electronic Data Collection Services and Information Management Services. The company develops managed mobile software technologies and services for private businesses, governments, and regulators. It offers software platforms, including In-Touch Apps, EventMatrix, and Unified Insights that provide for the rapid development of data collection programs, including mystery shopping programs, mobile forms creations, and real-time online reporting. The company also provides enterprise software engineering services comprising mobile strategy, accounts service, Web presence renewal, client scorecard, and consulting services for business transformation to public sector customers. It serves insurance and banking, grocery, automotive, restaurant, retail, and public sector industries. In-Touch Survey Systems Ltd. was founded in 1978 and is based in Ottawa, Canada.

Founded in 1978

in-touch survey systems ltd (INX) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: C$156.0K
Executive Chairman, Chairman of Compensation ...
Total Annual Compensation: C$220.0K
Acting Chief Financial Officer, Controller an...
Total Annual Compensation: C$104.5K
Chief Technology Officer, Vice President of P...
Total Annual Compensation: C$161.5K
Vice President of Client Services
Total Annual Compensation: C$161.5K
Compensation as of Fiscal Year 2013.

in-touch survey systems ltd (INX) Key Developments

In-Touch Survey Systems Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for 2014

In-Touch Survey Systems Ltd. reported earnings results for the first quarter ended March 31, 2014. Revenue for the first quarter was $2,323,307, which was 2% higher than revenue of $2,282,441 in the same quarter in 2013. Net income before taxes for the first quarter was $29,172 compared to a net loss of $145,339 reported in the same quarter in 2013. Adjusted EBITDA increased to $163,000 for the first quarter, compared to LBITDA of $52,000 for the same quarter in 2013. Because of improved margins EBITDA is expected to remain positive throughout 2014.

In-Touch Survey Systems Ltd., Annual General Meeting, Jun 26, 2014

In-Touch Survey Systems Ltd., Annual General Meeting, Jun 26, 2014., at 09:00 US Eastern Standard Time. Location: 400 March Road. Agenda: To receive the audited consolidated financial statements of the company for the year ended December 31, 2013 together with the report of the auditors thereon; to elect directors; to appoint Raymond Chabot Grant Thornton LLP as auditors of the company and to authorize the directors to fix the remuneration of the auditor; to ratify, confirm and approve the renewal of the In-Touch Survey Systems Ltd. Stock Option Plan and to approve and authorize for a period of three years all unallocated options issuable pursuant to the Stock Option Plan; to increase the number of common shares available under the Stock Option Plan by 260,600 common shares to 2,260,196 representing approximately 15% of the issued and outstanding common shares of the company; and to transact such other business as may properly come before the Meeting or any adjournment or adjournments thereof.

In-Touch Survey Systems Ltd. Announces Consolidated Earnings Results for the Fiscal Year 2013; Provides Gross Margin Guidance for 2014

In-Touch Survey Systems Ltd. announced consolidated earnings results for the fiscal year 2013. The company announced that revenues remained stable at $10,657,475 in fiscal 2013 compared to $10,719,792 in fiscal 2012. Net earnings for 2013 were $131,675 compared to $1,032,218 in 2012, and net earnings per share for 2013 were $0.01 compared to $0.07 for 2012. Earnings from operating activities were $242,669 in 2013 compared to $761,362 in 2012. Adjusted EBITDA was $824,000 in fiscal 2013, compared to $1,204,000 in fiscal 2012. Net income and EBITDA were down in 2013 because of increased investment in product development, sales and marketing and the recording of a deferred tax asset in 2012. The company expects 2014 gross margins in the range of 55 to 60%.


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