Texada results improve

GUELPH – Texada Software Inc., a provider of mobile asset management software, reports revenues of $4.28 million for the year Texada111X32.jpgended Dec. 31, 2008, an increase of 6.1% over 2007. Net loss for the year is $1.68 million, compared to a loss of $3.3 million. Adjusted EBITDA loss of $710 thousand is a 50% improvement over fiscal 2007. “While the fourth quarter of 2008 may have been disappointing for Texada from a financial results perspective,” notes president and CEO Brian Spilak, “we enter 2009 with a very healthy customer base, a strong slate of products and services, exceptional partnerships and a Texada team with renewed focus on meeting and exceeding our customer's expectations.” Click here for the full financial report.

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