theScore, Inc. reported earnings results for the first quarter ended November 30, 2015. For the quarter, the company posted record quarterly revenue of $7.003 million compared to $3.046 million in the same period the previous year, an increase of 130%. Revenue growth was powered by theScore's programmatic and direct sales business, driven in turn by strong user engagement within theScore's mobile apps.

Adjusted EBITDA loss was $2.3 million compared to $1.5 million in the same period the previous year. Operating loss was $3.107 million against $2.080 million a year ago. Net and comprehensive loss was $3.059 million or $0.01 per basic and diluted share compared to $2.015 million or $0.01 per basic and diluted share in the same period the previous year.

This was primarily a result of increased personnel and marketing costs associated with theScore's eSports and fantasy sports' businesses. Net cash used in operating activities was $6.144 million against $3.581 million a year ago. Additions of property and equipment was $0.271 million against $0.233 million a year ago.

Additions of intangible assets was $0.635 million against $0.694 million a year ago. Adjusted EBITDA loss was $2.344 million against $1.496 million a year ago.