Ackroo boasts about huge surge in revenues

Ottawa-based loyalty rewards company Ackroo (TSXV:AKR) is claiming another record quarter.

The company is reporting revenue of $406,900 during its most recent quarter, according to a press release issued on Thursday.

The press release does not specify which quarter it is referring to but it appears to be the three-month period that ended on Dec. 31, 2013, given that the company’s previous quarterly report was issued for the three-month period that ended on Sept. 30, 2013.

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That quarter, the company reported revenue of $355,861. The most recent numbers are a big jump from the three-month period that ended Dec. 31, 2012, when the company reported revenue of $182,807.

Ackroo has not yet released its full quarterly report and does not appear to have filed it with regulators. The most recent quarterly financials for the company on the System for Electronic Document Analysis and Retrieval (SEDAR) are for the quarter that ended on Sept. 30.

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