Info Touch releases quarterly financials

One of the few publicly-traded kiosk firms released its pro-forma results for the fiscal quarter ended January 31st. From their release:


"Info Touch Technologies Corp. (TSXV: IFT), North America's leading provider of self-service bill payment and financial service solutions today announced operating results for the second quarter ended January 31, 2005. Gross revenue for the quarter ended January 31, 2005 increased 21% to $1,945,052, from revenue of $1,605,526 for Q2 2004. Revenue was derived from the following sources: transaction services (75% of total revenue for Q2 2005 vs. 47% for Q2 2004), maintenance services (6% for 2005 vs. 11% for 2004), professional services (14% for 2005 vs. 5% for 2004) and the sale of kiosk systems (4% for 2005 vs. 9% for 2004). Total recurring revenue for Q2 2005 including transaction services and maintenance revenue increased 67% accounting for $ 1,566,142 or 81% of total revenue. Cost of sales were $1,246,100, an increase of 55% from cost of sales of $804,321 for Q2 2004.


Gross revenue for the six months ended January 31, 2005 increased 29% to $4,061,845, from revenue of $3,146,617 for the six months ended January 31, 2004. Revenue was derived from the following sources: transaction services (69% of total revenue for YTD Q2 2005 vs. 49% for YTD Q2 2004), maintenance services (6% for 2005 vs. 12% for 2004), professional services (14% for 2005 vs. 4% for 2004) and the sale of kiosk systems (8% for 2005 vs. 8% for 2004)."


Read the whole thing here.