DataCall Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2014
August 04, 2014 at 11:14 am EDT
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DataCall Technologies, Inc. reported earnings results for the second quarter and six months ended June 30, 2014. Revenues for the three months ended June 30, 2014 were $164,713 compared to $157,388 for the three-month period ended June 30, 2013, representing an increase of $7,325 or 4.7% during the same period in the prior year. The increase in Revenue was mainly due to additional contracts and clients. Net loss for the three months ended June 30, 2014 was $9,711 compared to a net loss of $641 for the three-month period ended June 30, 2013. The increase in net loss is mainly due to the expense of stock options and warrants. Operational Profit for the quarter was $37,895 against $100,307 a year ago.
The Company's revenues for the six months ended June 30, 2014 were $331,488, compared to $314,488 for the six-month period ended June 30, 2013, representing an increase of $17,000 from the same period in the prior year. The increase in revenues is directly related to new business. Net loss for the six months ended June 30, 2014 was $23,003, compared to a net loss of $130,808 for the six-month period ended June 30, 2013. The net loss was due to the expense of stock issuances and options. Operational Profit for the six-month period ended June 30, 2014 was $72,322 against $63,858 a year ago.
Data Call Technologies, Inc. is a provider of licensed content for the Digital Out of Home marketplace. The Company provides real-time information/content via digital signage and kiosk networks to its clients. The Companyâs services put its clients in control of real-time news, sports, weather and other content, displayed within one or multiple locations, spanning from local, regional to global end points. Its Direct Lynk Manager is incorporated in the Direct Lynk Media platform which provides enhancements and options that enable the client to self-serve in a webstore environment. Its Direct Lynk System offers several types of data and information, in multiple formats, which includes headline news, business news, financial highlights, entertainment news and health/science news. The Company also enables its clients to create their own digital signage content feeds, which are delivered online directly to their chosen, electronic digital display devices at their various facilities.