Nightingale Informatix Corporation announced unaudited consolidated earnings results for the second quarter and six months ended September 30, 2014. For the quarter, revenue was CAD 3,706,114, operating loss was CAD 88,321, loss before tax was CAD 328,998 and loss and comprehensive loss was CAD 343,289 against revenue of CAD 3,758,763, operating loss of CAD 136,488, loss before tax of CAD 183,156 and loss and comprehensive loss of CAD 245,477 for the same period a year ago. Cash flows used in operating activities was CAD 1,020,949 against CAD 209,053 a year ago. Purchase of property and equipment was nil against CAD 15,090 a year ago. Adjusted EBITDA was CAD 0.33 million, or 9% of revenue, an increase of 19% from CAD 0.27 million, or 7% of revenue, in second quarter of fiscal 2014 and flat at CAD 0.3 million, or 9% of revenue, in first quarter of fiscal 2015. This decrease in Revenue was primarily due to a decrease in non-recurring revenues which was partially offset by a 7% increase in recurring revenues.

For the six months, revenue was CAD 7,398,329, operating loss was CAD 164,708, loss before tax was CAD 378,222 and loss and comprehensive loss was CAD 405,021 against revenue of CAD 7,527,944, operating loss of CAD 415,982, loss before tax of CAD 960,602 and loss and comprehensive loss of CAD 1,025,106 for the same period a year ago. Basic and diluted per share was nil against loss per share of CAD 0.01 a year ago. Cash flows provided by operating activities was CAD 275,742 against cash flows used in operating activities of CAD 12,241 a year ago. Purchase of property and equipment was CAD 74,575 against CAD 127,624 a year ago. Adjusted EBITDA was CAD 0.6 million, or 9% of revenue, compared to CAD 0.4 million, or 5% of revenue for the same period in fiscal 2014.