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Kaboose Inc. (TSX:KAB) announced financial results for its second quarter and six months ended June 30, 2007.

Highlights:

- Record second quarter revenue of $8.14 million, compared to $3.51 million in the same quarter last year, an increase of 132%
- EBITDA (earnings before interest, taxes, depreciation, amortization and stock-based compensation) was $1.10 million, compared to a loss of $750,000 in the same quarter last year - Net loss for the quarter was $55,000 or nil cents per share, compared to a loss of $1.08 million or $0.02 per share in the second quarter of fiscal 2006; and
- Balance sheet as at June 30, 2007 remains very strong with cash and restricted cash totaling $25.65 million and no debt
- Advertising clients whose campaigns ran in the quarter included Albertsons, American Express, Best Buy, Disney, Fidelity Investments, GlaxoSmithKline, Hewlett-Packard, Johnson & Johnson, Kellogg’s, Kimberly-Clark, Kraft, McDonald’s, Merck, Microsoft, News Corporation, Nestle, Nintendo, Nissan, Procter & Gamble, SC Johnson, Sony, Staples, Target, Time-Warner, Toyota, Unilever and Wal-Mart

Categories: Account Wins, For The Books