The company posted a loss on earnings before interest, taxes, depreciation and amortization, or EBITDA, of $182,480, compared to an EBITDA loss of $574,343 in the same period last year.
The net loss was $245,213, or a penny a share, compared to $614,465, or three cents a share, in the same period last year.
Revenues were up almost 20 per cent to $3.09 million from $2.6 million last year.
"In the last report I said we were cautiously optimistic. We remain so," Kalvin MacDonald, president and CEO, said in a release. "The possibility of a global recession will, without question, affect our ability to close new accounts."
But MacDonald said the company remains optimistic in the short term due to its public sector client base, which remains committed to technology spending, and the solid customer base it has acquired with the purchase of the Abaco mobile product line.
