Premier Exhibitions Inc. announced consolidated earnings results for the fourth quarter and audited consolidated earnings results for the full year ended February 28, 2015. For the quarter, the company reported total revenue of $6,875,000 against $6,197,000 a year ago. Loss from operations was $5,202,000 against $1,444,000 a year ago. Loss before income taxes was $6,095,000 against $1,549,000 a year ago. Net loss attributable to shareholders of the company was $5,477,000 against $1,390,000 a year ago. Basic and diluted loss per common share was $1.11 against $0.28 a year ago. Net cash used in operating activities was $672,000 against $481,000 a year ago. Purchases of property and equipment were $3,560,000 against $144,000 a year ago. Adjusted LBITDA, a non-GAAP measure, was $0.9 million, a decrease of $0.3 million from the prior year period.

For the year, the company reported total revenue of $29,390,000 against $29,348,000 a year ago. Loss from operations was $10,487,000 against $751,000 a year ago. Loss before income taxes was $11,693,000 against $941,000 a year ago. Net loss attributable to shareholders of the company was $10,475,000 against $714,000 a year ago. Basic and diluted loss per common share was $2.13 against $0.14 a year ago. Net cash used in operating activities was $1,386,000 against net cash provided by operating activities of $483,000 a year ago. Purchases of property and equipment were $4,001,000 against $3,114,000 a year ago. Adjusted LBITDA, a non-GAAP measure, was $1.9 million, a decrease of $4.2 million from the prior year's results.