B-Scada, Inc. Reports Preliminary Unaudited Revenue Results for the Year Ended October 31, 2014; Provides Earnings Guidance for the Fiscal Year 2015
December 11, 2014 at 08:00 am EST
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B-Scada, Inc. reported preliminary unaudited revenue results for the year ended October 31, 2014. Preliminary unaudited revenues for fiscal 2014 are approximately $2.04 million, exceeding revenues for fiscal 2013 by more than $490,000, or approximately 32%.
The company have set a target of 25% revenue growth for the company overall for 2014-2015, but The company expects a decline in net profitability as the company invests cash resources back into the company, to absorb the setup costs for the Spanish branch, and account for the possibility of some initial losses from the first year of overseas operations.
B-Scada, Inc. is engaged in the business of developing software and hardware products for the visualization and monitoring of data in residential and commercial settings and in heavy industries. The Company provides software and hardware solutions for the monitoring and analysis of real time data in the supervisory control and data acquisition (SCADA), IoT (Internet of Things) and smart city domains. Its systems are sold around the world in various verticals, including building automation, transportation, smart grid, manufacturing, agriculture, and commerce. Its solutions are deployed onsite and as cloud-hosted solutions in a software as a service (SaaS) model. It specializes in the compelling visualization of real-time data and has produced data visualization solutions for manufacturing, power and utilities, automation, and other fields of business making use of human machine interface (HMI) and SCADA software products. The Company's products are marketed and sold globally.
B-SCADA, INC. 
