Sofame Technologies Inc. announced earnings results for the second quarter and six months ended March 31, 2013. For the period, the company reported net sales of $251,236, a net loss of $69,809 and EBITDA of $36,946 (14.7%) for the period. Net sales were $251,236 compared to $519,547 a year ago, and $414,915 in first quarter of 2013. Gross profit was $43,408 (17.2%) compared to $255,320 (49.1%) a year ago. Net loss was $69,809 (27.8%) compared to $53,792 (10.4%) a year ago. EBITDA was $39,946 (15.9%) versus $166,732 (32.1%) a year ago. Revenues in the second quarter were lower than past quarters due to delays in the third-party review process of engineering documents for two boiler heat recovery projects in Montreal, one a pharmaceutical customer, the other a hospital.

For the six months, the company's revenues were $666,151 compared to $1,048,747 for the same period in 2012 due to the cited delays.

The company is confident that annual revenues and profits will surpass the fiscal 2012 performance despite the delays experienced in the second quarter.