SofTech, Inc. announced earnings results for the fourth quarter and fiscal year ended May 31, 2015. For the fourth quarter, the company generated revenue of approximately $1,126,000 as compared to $879,000 in the same period in fiscal year 2014, an increase of about 28%. The net loss was approximately $12,000 or $0.01 per basic and diluted share as compared to a net loss of $657,000 or $0.75 per basic and diluted share for the same period in fiscal 2014. EBITDA was $69,000 as compared to negative EBITDA of $496,000 during the same period in fiscal 2014. Operating income was $14,000 compared to loss of $628,000 a year ago. Loss from operations before income taxes was $10,000, compared to $655,000 a year ago.

For the year, total revenue was $3,942,000, compared to $5,009,000 a year ago. Operating loss was $1,038,000, compared to $528,000 a year ago. Loss from operations before income taxes was $1,317,000, compared to $746,000 a year ago. Net loss was $1,319,000 or $1.48 per basic and diluted share, compared to $748,000 or $0.85 per basic and diluted share a year ago. Negative EBITDA was $608,000, compared to EBITDA of $3,094,000 a year ago.