Parta Dialogue Announces a 49% Increase of its Revenues for its Fiscal Year Ended May 31, 2012
MONTREAL, QUEBEC and TORONTO, ONTARIO and PARIS, FRANCE--(Marketwire - Sep 28, 2012) - Parta Dialogue (TSX VENTURE:PAD), expert in Social Campaign Optimization and Social Learning, released results for its last fiscal year ended May 31, 2012. Revenues have increased by 49% compared to the previous year ended May 31, 2011 and by 175% compared to the same ended May 31, 2010. Audited consolidated Financial Statements and Management Report are available on SEDAR''s website at www.sedar.com.
In addition to the $807K increase in revenues for the last year, Parta has also announced that its gross margin improved by 1.4 percentage points and the cost of marketing and sales have increased by 82% to support the Company''s growth plan and the marketing of the newly launched eValue™ Social Media ROI Suite. "At this point, we continue to ramp up our scale as demonstrated by our organic revenue growth as well as the completion of the acquisition of M30 on September 15, re-investing our operational profits and the product of funding to continue to expand our range of products and services and to ensure the penetration of our target markets, which resulted in an operating loss in the short term despite overall profitability of each contract. The company''s balance sheet has improved significantly over the last 12 months and accounting loss is essentially the predictable result of the implementation of our growth strategy" stated Parta''s CEO, Paul Allard.
About Parta
Parta offers Social Media and Social Learning solutions to its clients from offices in Montreal, Toronto, Paris and Mexico and is the developer of leading eValue™ Social Media ROI Suite: www.evaluesuite.com
Many visionary businesses already employ Parta''s solutions for internal and external online engagement. Among these are Renault, Orange, Michelin, Hydro-Québec, Iusacell (Mexico), Dassault Systems, Nestlé Waters and Crédit Agricole. www.partadialogue.com
PARTA is listed on the TSX Venture Exchange under the symbol PAD and operates through two subsidiaries:
#engagementlabs, an all-digital agency offering a targeted range of social strategies, customized engagement platforms and analytic tools to measure performance and ROI totally focused on social engagement & optimization: www.engagementlabs.com.
edu-performance, totally focused on internal engagement and productivity, Edu-Performance offers customized Social Learning and online training solutions: www.eduperformance.com.
Other Information
Completion of the acquisition of M30 has received conditional approval from the TSX Venture Exchange Inc. but the TSX-V has in no way passed upon the merits of the acquisition of M30 and has neither approved nor disapproved the contents of this press release.
