Excel Corporation reported audited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported net revenues of $3,674,933 compared to net revenues of $242,327 for the same period a year ago. Net loss from operations was $581,502 compared to $331,797 last year. Net loss before income taxes was $657,838 compared to $331,797 last year. Net loss was $657,838 compared to $325,954 last year. Adjusted net loss was $590,051 compared to $325,954 last year.

For the year, the company reported net revenues of $9,111,892 compared to net revenues of $432,461 for the same period a year ago. Net loss from operations was $3,020,907 compared to $940,579 last year. Net loss before income taxes was $436,881 compared to $940,579 last year. Net loss was $436,881 compared to $940,579 last year. Adjusted net loss was $11,730 compared to $931,595 last year.