The company posted a pretax loss of
The company said the rise in administrative expenses was due to a much largest investment in its sales and marketing process.
It secured a FIFA World Cup Trophy Tour contract with
The company said that it had spent a larger amount of time on developing its retail analytics product in the latter part of the year and the first quarter. Which, combined with time and resources taken up by delivering
However, it saw a "substantial improvement" in the second quarter on new business wins. The company said its core strategy remains transitioning its revenue base to ongoing contractual business and away from large scale products.
It believes this strategy is "starting to pay dividends in the current quarter with the future pipeline in the full year 2015 and beyond looking much improved."
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
OCTOBER 31, 2014
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