Les états financiers annuels de Tinkerine 3D studios sont sortis hier :
TinkerineTM Studios Ltd. (TSXV: TTD, FSE: WKN WB6B and OTC: TKSTF) (“Tinkerine” or the “Company”) is pleased to announce its financial highlights for the year ended December 31, 2015. The Company’s consolidated financial statements and management discussion and analysis (“MD&A”) for the twelve months ended December 31, 2015 are available on SEDAR at www.sedar.com and on the Company’s website at www.tinkerine.com.
Highlights
-- 2015 revenue of $1,268,074, a 270% increase from 2014 revenue
of $342,839;
-- 2015 gross profit of $595,230, a 293% increase from 2014 gross
profit of $151,312;
-- Successfully implemented a dealer network for the DittoPro
product with good coverage of the Canadian and USA markets;
-- Initial launch of Tinkerine U content delivery platform which
provides educators, students and consumers with 3D printer
training, lesson plans and a form to share digital files;
-- Integrated Ditto Pro software with Adobe Photoshop CC;
-- Maintained a commitment to research and development in both
hardware and content/software;
-- Q4 2015 revenue of $349,000, a 236% increase from Q4 2014
revenue of $104,000;
-- 2015 net loss of $1,069,447 versus a 2014 net loss of
$2,700,252.
Financial Summary
2015 YE 2014 YE
------- -------
Revenue $1,268,074 $342,839
Gross Profit $595,230 $151,312
Expenses $1,766,991 $1,801,825
Net Loss ($1,069,447) ($2,700,252)
Net Loss Per share ($0.03) ($0.09)
The 2015 fiscal period was a transitional year for Tinkerine with the increased acceptance of the Tinkerine suite of products including the DittoPro 3D printer and associated software. The Company recognized a significant increase in sales through its online store and associated distributors located in Canada, the United States and in international locations including China. The Company is increasing efficiencies in the production of the Ditto Pro 3D printer, and has production capacity of up to 150 3D printers per month. In addition, we have significantly reduced our monthly overhead through the streamlining of communications and public company reporting requirements, and will further identify and implement efficiencies in our production and sales cycles.
President and CEO Eugene Suyu states; “We are extremely pleased with the increased revenue and new sales channels established by our team at Tinkerine. We are continuing the development of the Ditto Pro 3D printer, and are generating significant new interest from school boards, public institutions and education oriented entities. We appreciate the support of our distributors and shareholders and look forward to future growth in this emerging sector.”
