Profit Planners Management, Inc. announced financial results for the quarter ended August 31, 2013. For the quarter, revenues were $188,883, compared to $250,800 for the prior year's first quarter, a decrease of approximately 25%. The decrease in revenues is primarily attributable to a transition in the client base and the completion of non-recurring projects.

Net loss $124,888 as compared to a net income of $58,753 in the prior year.