Neptune reports revenues, losses down
date:May 23, 2014
013. Gross profit as a percent of revenue was 20% for the current quarter, versus 5% for the corresponding prior year quarter. Adjusted EBITDA was negative ($1,456,000) for the current quarter, versus negative ($3,215,000) in the prior year. Net profit was $1,308,000 for the current quarter, compared to net profit of $854,000 in the prior year.

Consolidated revenues totalled $3,665,000 for the three-month period ended February 28, 2014, down from $4,588,000 for the quarter ended February 28, 20
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