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Author Topic: [2016-02-22]BTCS Posts $10 Million+ Loss In 2015 Despite Revenue Gain  (Read 224 times)
UNOE (OP)
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February 22, 2016, 04:42:42 PM
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BTCS Inc., a provider of ecommerce and bitcoin transaction verification services, suffered a $10 million-plus net loss in 2015 despite a revenue gain, according to a 10-K form filed with the U.S. Securities Exchange Commission for fiscal 2015.

 

The statement noted net losses of $14,757,016 and $10,047,036 in 2014 and 2015, respectively. Total revenues were $38,214 and $506,190 for 2014 and 2015, respectively. Revenues came from processing customer transactions through the ecommerce website and from fees for transaction verification services.

https://www.cryptocoinsnews.com/btcs-posts-10-million-loss-2015-despite-revenue-gain/

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