Tarquin revenue strengthened by Dipix

Tarquin Group Inc. sees revenue more than quadruple in Q1, as sales from recently acquired DIPIX Technologies Inc. bolster overall revenue. The Ottawa-based industrial technology company posted revenue of $1.9 million, up from $465,292 a year earlier. However, net losses continued to mount, doubling to $348,067 ($0.2 a share) from $167,116 ($01.3 cents a share). The company notes that it managed to reduce losses before interest, taxes, depreciation and amortization to $45,308 from $142,180 a year earlier.

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