AtmanCo Inc.

TSX VENTURE : ATW


AtmanCo Inc.

August 22, 2013 06:30 ET

AtmanCo Announces Results of 2nd Quarter for 2013

MONTREAL, QUEBEC--(Marketwired - Aug. 22, 2013) - AtmanCo Inc. ("AtmanCo" or the "Company") (TSX VENTURE:ATW), shares today its results for the 3-month period ending June 30th, 2013.

Here are the highlights for the period:

  • For the quarter, increased revenue in the field of human resources of $53,257 or 31% compared to the previous comparable period. For the six months ending June 30th 2013, an increase of $150,917 or approximately 51% compared to the previous comparable period.
  • For the quarter, increased revenues of 109% for the Company, from $174,931 to $365,633 due to the reverse acquisition Biotonix (2010) inc. among other things. For the six months ending June 30th 2013, a 145% operating income increase, from $293,606 to $719,511.
  • Deferred revenue in the amount of $225,881 as of June 30th, 2013.

It is important to note that the two periods are not comparable because the financial statements are consolidated since October 18th, 2012 following the reverse takeover. To be able to compare the two periods, we have used the financial data for the 6 month period ending May 31st 2012, hence from December 1st 2011 to May 31st 2012, since they are closest to the current period of the current year.

April 1st 2013
to
June 30
th 2013
March 1st 2012
to
Mai 31
st 2012
January 1st 2013
to
June 30
th 2013
December 1st 2011
to
May 31
st 2012
Interim consolidated statements of comprehensive income
Revenues 365,633 174,931 719,511 293,606
Operating income (267,633 ) (166,032 ) (524,826 ) (233,110 )
Net income and overall result (261,737 ) (181,283 ) (527,029 ) (289,458 )
Net income per basic and fully diluted share (0.01 ) (0.01 ) (0.01 ) (0.02 )
June 30th 2013
$
December 31st 2012
$
Interim consolidated statements of cash flows
Cash and cash equivalents 706,160 1,187,941
Total assets 2,945,395 3,575,135
Total liabilities 763,518 826,498
Other liabilities 95,487 154,080
Equity 2,086,390 2,594,557

Above data include a summary of highlights. For further information, please refer to the Corporation's consolidated financial statement as well as the Management Report at www.sedar.com.

"We notice a strong appreciation from potential clients, through the optimization of our marketing efforts by using cutting-edge technologies. It helps them understand optimally what our solution can do" said President and CEO, Michel Guay.

Certain information appearing in this press release may be of a "prospective" nature comprising known and unknown risks, uncertainties, forecasts and other factors liable to materially affect actual outcomes, performances or accomplishments of the Company or industry results compared to all results, performances or accomplishments arising expressly or implicitly from information of a prospective nature.

Additional information pertaining to the Company is available on SEDAR at www.sedar.com

ATMANCO PROFILE

Field of human ressources

Using a management interface (Web platform) that's among the most advanced in the world, AtmanCo helps executives and managers recruit qualified human resources and place the right person in the right position. Quickly access the results of psychometric tests, compare profiles to job norms and generate sales, management and team complementarity reports.

The versatile AtmanCo solution represents a key tool to significantly increase the success of your employees within your organization. The Company stands out in its marketing approach via its Web site, direct sales and partner network. For further information, visit www.atmanco.com

Field of cyberhealth

AtmanCo provides corporations and health and physical conditioning professionals with the means to enhance the value and efficiency of their customer services and to offer personalized corrective solutions for posture and physical condition.

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.

Contact Information

  • AtmanCo Inc.
    Michel Guay
    President and CEO
    514.935.5959 ext. 301
    www.atmanco.com