Rightscorp Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014
For the twelve months ended December 31, 2014, the company reported $930,729 in revenues, an increase of 187% over revenues from $324,016 for the full year 2013. This increase in revenue was driven by an increase in the number of copyrights ingested into the system for which the Company has contracts to monitor for infringements, from approximately 30,000 on December 31, 2013 to approximately 230,000 on December 31, 2014. Net loss attributable to common shareholders was $2,852,705, or $0.04 per basic & diluted share compared to $2,042,779 or $0.05 per basic & diluted share for the twelve months ended December 31, 2013. Loss from operations was $3,398,873 against $1,810,827 a year ago. Loss from operations before income taxes was $2,852,705 against $2,042,779 a year ago.