Q3 revenue up, losses down for iPerceptions

The firm saw revenue rise to C$1.27m from C$1.21m in the same period last year, while operating losses were reduced to C$152,481 compared to C$885,250 in Q3 2009.

Gross margin as a percentage of revenue stood at 66%, which the firm said was a “significant improvement” on the figure of 59% in the third quarter of last year.

The company, which is headed by Claude Guay (pictured), said that over the course of the quarter it had added “multiple high-profile” clients to its portfolio, including Expedia, Reader’s Digest, Toyota Financial, Kellogg’s, Kodak and Lenovo.

Clients who renewed annual contracts with the firm included Dell, Monster Worldwide, Comcast, Ford, Axa Canada and Steelcase.