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171HealthPricer Interactive announced their financial results for the year ended March 31, 2007.

Financial Highlights:

- Incurred a net loss of $1,807,329/$0.02 loss per common share, a decrease of 9% from $1,983,111/$0.05 loss per common share for the fiscal year ended March 31, 2006.

- Generated commission revenue from the Company’s Comparison Shopping business of $390,068 compared to $8,555 for the fiscal year ended March 31, 2006, an increase of 4,459%

- Cash resources of $304,479 and continues to raise capital to further support the development and acceleration of its business opportunities. Subsequent to the year end, the Company received gross proceeds of $500,000 through the issuance of a convertible promissory note, and $1,585,000 gross proceeds through two non-brokered private placements

Categories: Financial Results, For The Books
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