DataWind Inc. announced earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter, the company reported revenue of $11.04 million compared to $5.5 million for the fourth quarter 2014, an increase of $5.5 million, or 98%. Net loss was $4.4 million, or $0.22 per common share, compared to a net loss of $1.4 million or $0.09 per common share, for the same period in the previous year.

Revenue for fiscal 2015 was $31.5 million compared to $23.4 million in fiscal 2014, up $8.1 million, or 35%. Sales growth was fueled by increased sales channel expansion as well as an increase in working capital availability post the July 8th, 2014 financing which provided the Company with the ability to fund its inventory to meet demand. In fiscal 2015, net loss was $11.6 million, or $0.57 per share, compared to $4.5 million or $0.30 per share, in fiscal 2014.