Last C$0.88 CAD
Change Today 0.00 / 0.00%
Volume 27.4K
As of 3:59 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

tio networks corp (TNC) Snapshot

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07/21/14 - C$1.01
52 Week Low
09/20/13 - C$0.33
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tio networks corp (TNC) Details

TIO Networks Corp., an information technology company, is engaged in processing bill payment transactions through a secure Internet enabled platform. The company integrates its transaction processing system to the accounting back-office of its billers, which enables billers to post payments to the appropriate customer accounts. It owns and operates kiosk systems, as well as provides professional services comprising computer software programming and consulting; pay-per-use transaction services through kiosk, point-of-sale, Web, and mobile devices for third-party bill payment partners; hardware and software maintenance services; and software products. The company primarily serves the telecom, wireless, cable, and utility network operators in North America. TIO Networks Corp. is based in Vancouver, Canada.

tio networks corp (TNC) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: C$250.0K
Executive Vice President of POS Payments
Total Annual Compensation: C$156.4K
Compensation as of Fiscal Year 2013.

tio networks corp (TNC) Key Developments

TIO Networks Corp. Appoints Jake Cunningham as VP of Consumer Payments

TIO Networks Corp. has entered into an agreement to acquire the assets of VeriFone Commerce Solutions Inc. Jake Cunningham, the previous general manager of ChargeSmart, has been appointed as VP of Consumer Payments for TIO Networks.

TIO Networks Corp., Verifone Commerce Solutions, Inc. - M&A Call

To discuss the acquisition of the assets of VeriFone Commerce Solutions Inc.

TIO Networks Corp. Announces Earnings Results for the Third Quarter and Nine Months Ended April 30, 2014; Provides Revenue Guidance for the Fourth Quarter of 2014

TIO Networks Corp. announced earnings results for the third quarter and nine months ended April 30, 2014. For the quarter, the company's revenue increased by 30% to CAD 12,926,089 from CAD 9,955,852 in the same period a year ago and by 29% sequentially from CAD 9,985,193 in the second fiscal quarter of 2014. Adjusted EBITDA was CAD 405,000 compared with CAD 46,000 a year ago. Operating cash flow before non-cash working capital items was CAD 297,581 compared with negative operating cash flow before non-cash working capital items of CAD 12,997 a year ago. Net loss was CAD 242,693 compared with CAD 145,340 a year ago. For the nine months, the company's revenue was CAD 31,172,614 compared with CAD 30,607,045 a year ago. Adjusted EBITDA was CAD 656,000 compared with CAD 506,000 a year ago. Operating cash flow before non-cash working capital items was CAD 470,456 compared with CAD 224,405 a year ago. Net loss was CAD 620,858 compared with CAD 98,472 a year ago. The company also provided revenue guidance for the fourth quarter of 2014. For the quarter, the company expects increase of revenue.


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