theScore notches 9.2 million monthly active users in 2014

TORONTO – Despite a jump in revenue and average monthly active users, theScore ended 2014 in the red.The mobile sports company reported an EBITDA loss of $8.4 million for the year ended August 31, 2014, compared to $8.3 million in the previous year. Planned increases in personnel, marketing, facilities and administrative costs in the current year, combined with lower Ontario interactive digital media tax credits recoverable recognized in F2014 versus F2013, offset the impact of higher revenues in F2014.Revenue for the year increased 47% to $7.8 million, versus $5.3 million in the previous year, led by an 84% lift in mobile...