AtmanCo Inc.
TSX VENTURE : ATW

AtmanCo Inc.

April 06, 2016 09:00 ET

AtmanCo Announces Annual Results for 2015

MONTREAL, QUEBEC--(Marketwired - April 6, 2016) - AtmanCo inc. ("AtmanCo" or the "Company") (TSX VENTURE:ATW), a leader and innovator in web psychometric test solutions for the corporate market and the consumer market, announces its results for the year ended December 31, 2015.

Highlights:

  • The Company announces revenues of $847,517 for the year ended December 31, 2015, compared to revenues of $738,387 for the year ended December 31, 2014, an increase of 15%.
  • As of December 31, 2015, the Company's book of orders was in the amount of $778,484 compared to $605,650 as of December 31, 2014, an increase of 28%.
  • As of December 31, 2015, the Company had cash totalling $54,917 compared to $1,592,706 as of December 31, 2014.
  • Following inbound web strategy efforts, the number of monthly visitors on the website reached more than 370,000 visitors for the year ended December 31, 2015. The continuously increasing number of visitor improves visibility and the potential of sales conversion.

« 2015 was a year that allowed Atman to pursue the development of its organic growth strategy in the following key areas:

  • Implementation of a content-based digital marketing strategy and commercialization;
  • Development of a value proposition for the promising online dating market;
  • The signing of new partners that will allow the AtmanCo API ecosystem to grow, providing the Company easier access to a larger number of international prospects;
  • Development of its MVP (minimum viable product) website Bloomed.com for the mass market;
  • Continuous improvement of our test by maintaining one of the most up-to-date scientific validations in North America;
  • Integration of the resources required to assume full internal control of all software development, which has allowed for greater autonomy and flexibility in all future projects.

AtmanCo has also taken the proper internal measures to insure long-term sustainability of the Company. In the meantime, the Company pursues its efforts to raise additional financing in order to accelerate its growth,» said President and CEO of AtmanCo, Michel Guay.

The above data includes a summary of highlights. For further information, please consult the Corporation's interim consolidated financial statement as well as the Management Report for the year ended December 31, 2015 at www.sedar.com

This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. There is a risk that expectations and forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on these forward-looking statements as they involve risks and uncertainties, which could make actual results differ materially from those projected herein and depend on a number of factors including, but not limited to, no history of profitability, future financing, intellectual property and patents, key personnel, competitive marketplace, technology obsolescence, share price volatility and other risks detailed from time to time in the Company's filings. While AtmanCo anticipates that subsequent events and developments may cause its views to change, AtmanCo specifically disclaims any obligation to update these forward looking statements, unless obligated to do so by applicable securities laws

Additional information regarding the Company are available on SEDAR www.sedar.com

The TSX Venture Exchange and its Regulatory Services provider (as per meaning assigned to this term in TSX Venture Exchange's policies) bear no liability as to the relevance or accuracy of this press release.

ABOUT ATMANCO

AtmanCo is the publisher of a scientifically validated psychometric test. Through the HR cloud platform or the application program interface (API), the results allow the companies to optimize the talents of their human capital by improving the recruiting and organizational development success rate. AtmanCo's solutions also enable impacting the major consumer market by easily integrating them with our partners' technological solutions.

Contact Information

  • SOURCE:
    AtmanCo Inc.
    Michel Guay
    CEO
    514.935.5959 ext. 301

    Simon Bedard
    CFO
    514.935.5959, ext. 304
    www.atmanco.com