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Parlay shows mounting losses as revenues decline further

3rd December 2010 9:24 am GMT

Third quarter revenues at Parlay Entertainment have fallen 15 per cent year-on-year to CAD$0.67m as the company continues its struggle to replace revenues following the loss of key customers in the previous year.

Revenues for the third quarter ended September 30th 2010 amounted to CAD$669,873 with royalties generating the bulk of the revenue at $333,652, down from $579,201 in the same period last year.

Instillation and implementation fees contributed $57,106 to total revenues, up from $25,513 a [...]

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