EXO U Inc. announced audited consolidated financial results for the fourth quarter and full year ended March 31, 2016. For the quarter, the company reported revenue of CAD 386,925 against nil a year ago. Adjusted negative EBITDA was CAD 1,084,320 against CAD 1,607,177 a year ago. Net loss was CAD 948,232 or CAD 0.02 per diluted share against CAD 2,025,337 or CAD 0.05 per diluted share a year ago. For the year, the company reported revenues of CAD 386,925 compared to CAD 815,923 in the previous year. Adjusted Negative EBITDA was CAD 5,917,487, as compared to CAD 6,898,226 for the same period in the prior year. Net loss was CAD 6,010,415 or CAD 0.12 per diluted share against CAD 9,194,832 or CAD 0.22 per diluted share a year ago. The company used CAD 5,805,545 of cash from its operating activities for the year ended March 31, 2016.