Data Deposit Box Inc Announces Consolidated Earnings Results for the Year Ended December 31, 2016
Data Deposit Box Inc. announced consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue was CAD 3,377,805 compared with CAD 4,428,564 a year ago. Loss before listing costs, interest expense was CAD 2,268,909 compared with CAD 2,802,738 a year ago. Net loss and comprehensive loss was CAD 2,375,644 compared with CAD 4,694,235 a year ago. Basic and diluted loss per share were CAD 0.07 compared with CAD 0.18 a year ago. Cash used in operating activities was CAD 1,650,669 compared with CAD 564,641 a year ago. Purchase of property, plant and equipment was nil compared with ACD 220,408 a year ago.