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Tinkerine Reports Q3 2015 Financial Results

VANCOUVER , Oct. 29, 2015 /CNW/ - Tinkerine™ Studios Ltd. (TSXV: TTD, FSE: WKN WB6B and OTC: TKSTF) ("Tinkerine" or the "Company") is pleased to announce its financial highlights for the three and nine months ended September 30, 2015 . The Company's unaudited interim financial statements and management discussion and analysis ("MD&A") for the three and nine months ended September 30, 2015 are available on SEDAR at www.sedar.com and on the Company's website at www.tinkerine.com.

Highlights

  • Q3 2015 revenue of $465,780 , a 370% increase from Q3 2014 revenue of $98,898 .
  • Revenue of $919,308 for the nine months ended Sept. 30, 2015 , a 284% increase over $239,157 for the comparative 2014 period.
  • Q3 2015 gross profit of $258,226 , a 650% increase from Q3 2014 gross profit of $34,423 .
  • Q3 2015 gross profit margin of 55% versus a gross profit margin of 35% for Q3 2014.
  • Continued to expand and strengthen the dealer network for our 3D printers and conducted the majority of sales through dealers in Q3 2015.
  • Net loss for Q3 2015 of $138,589 , versus a net loss of $536,381 in Q3 2014.

Financial Summary


Q3 2015

Q3 2014

Nine months

2015

Nine months

2014

Revenue

$465,780

$98,898

$919,308

...


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