Friday, November 28, 2008

Zoomer magazine reports $402k loss on $1.7 million in revenue

ZoomerMedia Limited has announced that for the quarter ended September 30, 2008, the Company had revenue (including its magazine) of $2,539,172 and expenses of $3,214,022 with a net loss after tax of $674,850. These results are coincident with the launch of Zoomer magazine; the company says they are in line with the company's 2009 business plan.Data released for the publishing side indicate the

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