thescore Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended August 31, 2014
Oct 15 14
thescore Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended August 31, 2014. For the quarter, the company reported revenue CAD 1,804,000 compared to CAD 1,285,000 a year ago. Operating loss was CAD 3,974,000 compared to CAD 2,193,000 a year ago. Loss and comprehensive loss was CAD 3,933,000 compared to CAD 2,156,000 a year ago. Basic and diluted loss per share was CAD 0.02 against CAD 0.02 a year ago. EBITDA loss was CAD 3.2 million compared to an EBITDA loss in the current year of CAD 1.2 million in the same period the previous year.
For the year, the company reported revenue CAD 7,820,000 compared to CAD 5,269,000 a year ago. Operating loss was CAD 10,800,000 compared to CAD 11,340,000 a year ago. Loss and comprehensive loss was CAD 10,686,000 compared to CAD 11,395,000 a year ago. Basic and diluted loss per share was CAD 0.05 against CAD 0.11 a year ago. Net cash used in operating activities was CAD 8,743,000 against CAD 8,801,000 a year ago. Additions of property and equipment were CAD 369,000 against CAD 2,150,000 a year ago. Additions of intangible assets were CAD 2,028,000 against CAD 2,348,000 a year ago. LBITDA was CAD 8,354,000 compared to CAD 8,273,000 a year ago. Planned increases in personnel, marketing, facilities and administrative costs in the current year, combined with lower Ontario Interactive Digital Media Tax Credits recoverable recognized in 2014 versus 2013, offset the impact of higher revenues in 2014.
theScore, Inc. Becomes PUMA's Mobile Partner
Aug 13 14
theScore has teamed-up with PUMA to become a major mobile partner of the company's 'Forever Faster' campaign. Branded custom content and high-impact creative will run within theScore's Top News, football, golf and soccer sections, forming the most highly-integrated mobile execution of PUMA's campaign. The campaign, created in conjunction with Zenith and which runs throughout the US until the end of the year, will be deeply integrated into theScore's mobile-first sports offering, including sponsored push alerts, customized content and video enabled native units featuring 'Forever Faster' athletes including sprinter Usain Bolt, football running back Jamaal Charles and number one draft pick Jadeveon Clowney, Italian soccer star Mario Balotelli and golfer Rickie Fowler. Mobile-focused elements include sponsorship of theScore's real-time push alerts for breaking news, player stats and scores, while PUMA-sponsored content will also appear within theScore's real-time, personalized news feeds, allowing users to share stories via traditional social networks as well as via popular mobile messaging platform WhatsApp.
theScore, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended May 31, 2014
Jul 24 14
theScore, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended May 31, 2014. For the quarter, the company reported revenue of CAD 2.0 million compared to CAD 1.4 million a year ago. Operating loss was CAD 2.8 million compared to CAD 3.1 million a year ago. Net and comprehensive loss was CAD 2.8 million or CAD 0.01 basic and diluted per share compared to CAD 3.1 million or CAD 0.03 basic and diluted per share a year ago. EBITDA loss was CAD 2.1 million compared to a loss of CAD 2.4 million for the same period the previous year. Net cash used in operating activities was CAD 6.968 million against CAD 6.552 million for the same period a year ago. Additions of property and equipment was CAD 0.280 million against CAD 1.8 million for the same period a year ago. Additions of intangible assets was CAD 1.5 million against CAD 1.9 million for the same period a year ago.
For the nine months period, the company reported revenue of CAD 6.0 million compared to CAD 4.0 million for the same period the previous year, an increase of 51%. EBITDA loss was CAD 5.1 million compared to a loss of CAD 7.1 million in the same period the previous year. This was a result of increased revenues of CAD 0.6 million and CAD 2.1 million respectively, and increased operating expenses related mainly to increased headcount and marketing expenses, offset by Ontario Interactive Digital Media Tax Credit.