$TAPM - Tapinator's 2015 Revenues of $2.49 Million
Post# of 56
Posted On: 03/30/2016 2:25:01 PM
$TAPM - Tapinator's 2015 Revenues of $2.49 Million were an Increase of 159% Year-Over-Year!
http://www.tapinator.com/site/press_detail/88
Quote:
“Tapinator continued to show solid business expansion in the fourth quarter of 2015,” stated Tapinator CEO, Ilya Nikolayev. “Our fourth quarter revenues grew 87% year-over-year to approximately $693,000, representing our sixth consecutive quarter of at least double-digit year-over-year revenue growth. Our revenue expansion can be attributed to both the continued broadening of our rapid-launch games portfolio, as well as our continued investment into a select number of full-featured titles that we believe have significant franchise potential. In addition to our strong revenue growth, Tapinator is also pleased to announce adjusted EBITDA (a non-GAAP measure) of approximately $150,000 in the fourth quarter of 2015, an increase of 187% year-over-year and our seventh consecutive quarter of positive adjusted EBITDA.
http://www.tapinator.com/site/press_detail/88
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