NORTH YORK, ON – ZTest announced $4.2 million in revenue for the six-month period ending on Dec. 31, a record for the company and an 88% year-over-year increase.
This represents the fourth consecutive quarter for which revenues have increased and the company has reported a net profit for the period.
"We believe that the investments we have made provide a solid foundation for sustainable value-creation in the years ahead," said CEO Steve Smith. "We are taking actions to position the Company to realize the full benefits of our investments going forward. We expect to continue to grow our customer base, expand operating margins, increase EBITDA and improve cash flow generation."