solutioninc technologies ltd
(STL:Venture)
solutioninc technologies ltd (STL) Snapshot
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SolutionInc Technologies Limited provides high speed Internet access (HSIA) management software and services to hospitality and telecommunications industries. The company offers SolutionIP, an Internet connectivity, billing, and management software that allows people with computer, communication, and entertainment devices to connect to the Internet from a hotel room, a convention centre, or any other type of public Internet access hotspot. Its SolutionIP software enables property or service providers to register users, bill for service, and show the user targeted messages through a registration page on the users’ device. The company also provides SolutionIP Enterprise, a centralized hotspot connectivity, billing, and management software for broadband providers looking to offer high speed Internet service in multiple commercial locations, and to manage the service from a central location. In addition, it resells bandwidth management solutions of Exinda to hoteliers; and offers end-user and technical support, program and project management, HSIA consulting and installation, network installation and deployment, customization, and technical and sales training services. The company primarily serves broadband service providers, hotels, and convention centers, as well as food and beverage, healthcare, education, airport, and transportation industries. Further, it provides high definition TV installation, programming, and support services to the hospitality industry. It operates primarily in the United States, Canada, and Europe. SolutionInc Technologies Limited was founded in 1997 and is headquartered in Halifax, Canada.
solutioninc technologies ltd (STL) Top Compensated Officers
solutioninc technologies ltd (STL) Key Developments
Solutioninc Technologies Ltd. reported unaudited consolidated earnings results for the first quarter ended June 30, 2011. For the period, the company’s revenue was CAD 952,364 against CAD 832,099 a year ago. Net loss and comprehensive loss was CAD 295,031 against CAD 206,034 a year ago. Basic and diluted loss per share was CAD 0.029 against CAD 0.021 a year ago. Cash used in operating activities was CAD 122,645 against CAD 70,044 a year ago. Purchase of equipment was CAD 2,161 against CAD 11,551 a year ago.
Solutioninc Technologies Ltd. reported audited consolidated earnings results for the year ended March 31, 2011. For the period, the company’s revenue was CAD 3,529,892 against CAD 3,331,978 a year ago. Net loss and comprehensive loss was CAD 771,263 against CAD 825,714 a year ago. Basic and diluted loss per share was CAD 0.077 against CAD 0.083 a year ago. Cash provided by operating activities was CAD 25,228 against CAD 272,578 a year ago. Purchase of equipment was CAD 31,759 against CAD 236,362 a year ago.
Solutioninc Technologies Ltd. filed its Annual on Aug 22, 2011 for the period ending Mar 31, 2011. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
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To contact SOLUTIONINC TECHNOLOGIES LTD, please visit www.solutioninc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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