IOU Financial Inc. Releases Financial Results for the Three and Nine Month Period Ended September 30, 2017
Gross revenue increased 5.7% to $13.2 million for the nine-month period ended September 30, 2017 compared to the same period in 2016. Opex (excluding non-recurring costs) decreased 19.3% to $2.2 million for the quarter ended September 30, 2017compared to the same period last year. The Company achieved its target of quarterly operating costs of $2.0 million to $2.2 million on a normalized basis. The […]