Toronto-listed gaming software supplier Contagious Gaming has recorded a net loss of CAD$1.9m for its third quarter ended December 31st, despite revenue more than doubling during the period.
Revenue soared 173 per cent to $0.4m during the quarter, which the company attributed to the signing of larger software development contracts.
Contagious recorded negative adjusted EBITDA of $0.4m following an increase in general and administrative and regulatory costs relating to its Telos Entertainment subsidiary. Net loss for the [...]
