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News Archive > 2005 > Apr > 1
TelePlus Announces Q4 and Full Year Results - Sales Increased to $4.0M for the Quarter and $12.2M for the Full Year With Positive EBITDA
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April 1, 2005 (Press Release) --
TelePlus Announces Q4 and Full Year Results - Sales Increased to $4.0M for the Quarter and $12.2M for the Full Year With Positive EBITDA

TelePlus Enterprises, Inc. (OTCBB: TLPE) (http://www.teleplus.ca), a vertically integrated provider of wireless and landline communications products and services across North America, is pleased to announce its results for the 4th quarter and Full year ended December 31st, 2004. Sales for the 4th quarter increased by $1,239,508 (or 33%) to $3,996,467 as compared to $2,756,959 for the same period a year ago. The Company had a positive EBITDA of $7,228 and net loss of $40,407 (prior to financing costs, one-time non-recurring expenses and increase in other non-cash expenses) for the 4th quarter as compared to a positive EBITDA of $100,879 and a profit of $53,248 (before a one time tax recovery) for the same period a year ago. Average store sales were unchanged in the 4th quarter of 2004 versus the same period a year ago.
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