Toronto, Ontario – April 25, 2016 – Imperus Technologies Corp. (“Imperus” or the “Company”) (TSX-VENTURE: LAB, Frankfurt: ISX, Frankfurt WKN: A12B58) announces its financial results for the fourth quarter and year ended December 31, 2015. Imperus reports revenue of CAD$8.4 million and adjusted EBITDA of CAD$2.6 million for the three months ended December 31, 2015 and revenue of CAD$24.1 million and adjusted EBITDA of CAD$5.3 million for the twelve months ended December 31, 2015. Akamon Entertainment Millenium, S.L. (“Akamon”) operating activities were consolidated into Imperus starting November 16, 2015.
Had Akamon been fully consolidated, revenue and adjusted EBITDA for Akamon and Diwip Ltd. (“Diwip”) on a combined basis, excluding Imperus overheads, for the full fourth quarter of 2015 would have been CAD$11.0 million and CAD$4.1 million respectively, compared to revenue of CAD$10.7 million and EBITDA of CAD$3.9 million for the third quarter of 2015. See non IFRS measures
Fourth Quarter and Annual Financial Summary
For the years ended December 31, 2015 and 2014