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GuestLogix Announces Q2 Fiscal 2015 Results

ID: 1378690

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 08/12/15 -- GuestLogix Inc. (TSX: GXI), the leading global provider of ancillary-focused merchandising, payment and business intelligence technology to airlines and the passenger travel industry, today announced its financial and operational results for the three-month period ended June 30, 2015. All financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS") and reported in U.S. dollars.

"At the end of another solid quarter, we are happy to see a continued uptick in our top line," said Brett Proud, President & CEO of GuestLogix. "With four large deployments within the quarter, we have further proven our market leadership -- in particular as we saw these deployments cover multiple touch points and within multiple travel verticals."

Q2 F2015 Financial Summary

Proud continued, "In accordance with our plan, we saw a reduction in deferred development by more than $0.5 million from the previous quarter and we are confident that GuestLogix is firmly on the path of renewed shareholder value and sustainable growth as a new and formidable entity."

Q2 F2015 Operational Highlights

Increasing the Number of Transactions that we process

Increasing the Average Transaction Value

Earning More Fees per Transaction

Strengthening our Operations & Finance

Financial Summary

Q2 F2015 Conference Call Details

GuestLogix will host a conference call on Wednesday, August 12, 2015 at 4:30 p.m. Eastern Time to discuss its fiscal 2015 second quarter financial and operational results as well as the Company''s outlook for the remainder of the fiscal year. To access the conference call, please dial 862-255-5346, or 1-888-567-1602. A replay of the call will be available at .

A complete set of financial statements and Management''s Discussion and Analysis for the three-and six month periods ended June 30, 2015 will be available at and .





About GuestLogix

GuestLogix Inc. (TSX: GXI), is a global leader in comprehensive merchandising, payment and business intelligence technology delivered to the passenger travel industry, both onboard and off-board. Bringing over a decade of expertise as the industry''s most trusted onboard transaction processing partner to airlines, rail operators and elsewhere in the passenger travel industry, GuestLogix powers the industry''s growing reliance on ancillary revenue generation. Both direct to operators as well as through partnerships with global leaders in catering, duty-free, inflight entertainment and self-service retail experts, the Company provides the payment services touching over 1 billion travelling consumers each year. On December 23, 2014, GuestLogix announced the acquisition of OpenJaw Technologies, a Dublin-based technology company focused on travel retailing innovation in the e-commerce segment. GuestLogix'' global headquarters is located in Toronto, with regional offices located in Dallas, London, Dublin, Galway, Madrid and Hong Kong, and product innovation labs located in Moncton and Krakow. More information is available at and .

© 2015 GuestLogix. All Rights Reserved.

Forward-Looking Statements

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with GuestLogix'' business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect GuestLogix'' current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks and Uncertainties" in the Filing Statement filed on August 12, 2015 with the regulatory authorities. GuestLogix assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.



Contacts:
GuestLogix Inc.
Dan Thompson
SVP - Global Strategy & Investor Relations
416-849-1566


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Bereitgestellt von Benutzer: Marketwired
Datum: 12.08.2015 - 14:00 Uhr
Sprache: Deutsch
News-ID 1378690
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