Upbeat Results From Pixman

Chris Sheldrake

Pixman Nomadic Media Inc. (TSXV: “PMN”) seems pretty upbeat about its latest set of results which included the following highlights…

  • Fifth consecutive quarter with total revenue exceeding that of the corresponding period of the previous fiscal year.
  • Reduction in net loss of $485,000
  • USD $431,000 improvement in EBITDA
  • 56.9% improvement in operating margins
  • $5 million in cash flow from financing activities

We will take a look at the associated press release a little later.

It”s going to be really interesting how Pixman move forward in 2009 now that they have the additional technical assets of Pixnet.

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