Annidis Corporation Announces Audited Consolidated Results for the Fourth Quarter and Full Year Ended December 31, 2014
For the twelve months period, revenue grew by 121.6% to CAD 2,364,027 compared to CAD 1,066,807 for the same period in 2013. Net loss was CAD 5,672,756 or CAD 0.06 per share compared to a loss of CAD 4,308,582 or CAD 0.06 per share for the same period in 2013. Net cash used in operating activities was CAD 4,140,291 compared to CAD 3,993,044 for the corresponding period in 2013. The company's annual revenue has significantly surpassed the previous full year performance of the company by 122% due to growing relationships with international customers.