AtmanCo Inc.
TSX VENTURE : ATW

AtmanCo Inc.

November 26, 2014 07:00 ET

AtmanCo Announces the Results of Third Quarter for 2014

MONTREAL, QUEBEC--(Marketwired - Nov. 26, 2014) - AtmanCo Inc.AtmanCo » or the « Company ») (TSX VENTURE:ATW) a leading innovator in HR web solutions based on a psychometric test aimed at recruitment, organizational development and talent measurement in organizations, announces its results today for the 3 and 6-month periods ending September 30, 2014.

The highlights of the quarter:

  • The Company announces revenues in the amount of $ 169,481 and deferred revenues in the amount of $ 487,818 compared to revenues in the amount of $ 194,217 and deferred revenues of $ 273 792 (of which $ 241 439 is from continuing operations) for the comparable quarter of 2013.
  • As of June 30, the Company had cash totaling $ 2,081,534 compared to $ 551,928 in the same quarter of 2013.
  • Growth in the amount of visitors on the Company's website following the efforts of the Inbound Marketing Strategy for a total of 3,600 visitors in July, 7,700 in August and 11,400 in September.

"During the quarter, we invested time and money in the online digital strategy we have been setting up for several months. This inbound marketing strategy needs to be constantly evolving to adapt to the changing web behaviors of our target markets. Our efforts have allowed us to significantly increase the engagement and interaction of our prospects, customers and industry influencers on the web" said President and CEO of AtmanCo, Michel Guay.

"Our goal of 10,000 visitors per month, which was set for the end of 2014, was achieved and surpassed by the end of the quarter, and the number of monthly visitors has increased by over 200% between the first and last month of the quarter. These major efforts will enable us to accelerate our growth internationally, and we are confident that these strategic choices will allow us to grow and meet the expectations of our investors" concluded Michel Guay.

in thousands of $ 30 sept. 2014 30 sept. 2013 31 déc. 2013
Extracted from interim consolidated statements of cash flows
Cash and cash equivalents 2, 081 552 509
Deferred revenues 488 274 531
in thousands of $
(except amounts per share)
3-month period ending 9-month period ending
Sept. 30 2014 Sept. 30 2013 Sept. 30 2014 Sept. 30 2013
Extracted from the interim consolidated statements of comprehensive income of continuing operations* (human resources field)
Revenues 169 194 548 639
Net earnings of continuing operations (335 ) (212 ) (894 ) (639 )
Net earnings per basic and fully diluted share for continuing operations (dollar per share) (0.01 ) (0.01 ) (0.02 ) (0.02 )

* Following the sale of the cyberhealth division's assets on May 29, 2014, the Company is now only pursuing activities in the field of human resources.

Following his appointment to the Board of Directors, the Company announces that a total of 12 868 share purchase options have been granted to Marc Dallaire. These options are exercisable at $0.30 per share and expire on November 20th 2019. The Plan provides that options may be exercised on a cumulative basis over a period of five years from the date they are granted, as to one-third after one year, and additional one-third after two years and the balance after the end of the third year.

The above data comprises a summary of highlights. For further information, please consult the Corporation's consolidated financial statement, as well as the Management Report for the fiscal year ending September 30, 2014 at www.sedar.com.

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. When used in this press release, information may include terms such as "anticipate", "estimate", "may", "will", "expect", "predict that", "presume" or "contemplate" and other terminology. These particulars reflect current expectations concerning future events and operational performance, and are valid solely on the date of this press release. Unless required by law, we will assume no obligation to update or revise prospective information in order to convey new events or circumstances.

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

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

ABOUT ATMANCO

AtmanCo enables companies to optimize the talents of their human capital by improving their success rate in recruitment and organizational development. Its user-friendly and innovative cloud HR platform is based on the results of a scientifically validated psychometric test. AtmanCo's proven human potential development tools and scalable technology are easily integrated within existing processes for selection and human capital management, as well as existing Talent Management Systems (TMS) or Applicant Tracking System (ATS) in businesses. For more information, please visit www.atmanco.com

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