IWG Announces Revenues and Operating Income for Fiscal 2014IWG Technologies Inc. (IWG) today announced its financial results for the fiscal year ended September 30 2014. All amounts are expressed in Canadian dollars unless otherwise indicated.
The Company is reporting the fifth consecutive year of revenue growth with $7,396,697 for fiscal 2014, a 12% increase over the previous year’s figure of $6,606,464. Net earnings were $751,022, a 23% decrease compared to$969,996 in the prior year. The annual amounts include fourth quarter revenues of $2,169,502, a 26% increase, and net earnings of $283,081, a 28% decrease from the prior year fourth quarter, attributed to infrastructure improvements and product liability costs.
To view full news release,
CLICK HERE