Business
EZTD Inc. Reports Full-Year 2015 Net Revenue of $25.9 Million, an Increase of 29% Over Prior Year
EZTD Inc. Reports Full-Year 2015 Net Revenue of $25.9 Million, an Increase of 29% Over Prior Year.
About this update from Eztd Inc
[{"type":"text","content":"\n \n EZTD Inc. (OTCQX:EZTD), a worldwide leader of online binary options \n trading, reports financial results for the year ended December 31, 2015.\n \n \n Financial Highlights Include:\n \n \n \n Net revenues for the year ended December 31, 2015 increased by 29% to \n $25.9 million, from $20.1 million in the year ended December \n 31, 2014.\n \n \n Annual volume of transactions (US $) for the year ended December 31, \n 2015 increased 18% to $97 million, compared with $82.1 million in 2014.\n \n \n The number of transactions for 2015 increased to 2,076,000, compared \n with 952,000 in 2014.\n \n \n The number of new customers was 57,400 at the end of December 2015, \n compared with 28,900 for the year ended December 31, 2014.\n \n \n The company achieved positive Adjusted EBITDA* of $17 thousand for the \n year ended December 31, 2015 compared with an Adjusted EBITDA* loss of \n $1.6 million in 2014.\n \n \n Net loss for the year ended December 31, 2015 was $6.2 million or \n $0.06 per share compared with a net loss of $8.9 million or $0.10 per \n share for the year ended December 31, 2014.\n \n \n \n Recent Corporate Highlights Include:\n \n \n \n EZTD became fully licensed to operate in Japan, one of the largest \n markets worldwide for Forex (“FX”) and Contracts for Difference \n (“CFDs”), following its acquisition of EZInvest Securities Co. Ltd., a \n Japanese foreign exchange company.\n \n \n EZTD’s stock began trading in the U.S. on the OTCQB and was \n subsequently uplisted to the OTCQX and the company initiated a \n corporate investor awareness program.\n \n \n EZTD continued to build brand equity through expanded partnerships \n with Premier Soccer League teams across Europe, adding Tottenham \n Hotspur Football Club in England and AS Monaco Football Club to its \n roster. EZTD now has six partnerships with major professional athletic \n teams across Europe.\n \n \n EZTD strengthened its proprietary cutting-edge technology through \n enhanced artificial intelligence-based client profiling to deliver \n relevant real-time financial information.\n \n \n \n Shimon Citron, CEO of EZTD Inc., said “This was an extremely successful \n year for EZTD in many respects, as the company executed on its strategy \n to increase its customer base and the value of each customer. We \n accomplished o...