Urbanimmersive Technologies Inc. reported consolidated earnings results for the fourth quarter and year ended September 30, 2014. For the quarter, the company reported operating loss of $314,000 or $0.017 basic and diluted loss per common share on revenue of $140,000 compared to operating loss of $659,000 or $0.047 basic and diluted loss per common share on revenue of $218,000 for the corresponding period last year.

For the year, the company's revenues have decreased from $885,886 to $650,740 a decrease of $235,146 or 26.5%. This decrease is mainly due to a reduction in 3D product revenues of $261,022 due to sales efforts that have been focused on the deployment of AVU3D® immersive visits in the real estate market with affiliated real estate agencies. Net loss and comprehensive loss was $1,683,058 against $3,309,083 a year ago.