Noble Iron Announces Record Revenue in Q2

Noble Iron Inc., formerly Texada Software Inc., announced its unaudited interim operating results for Q2 and the six months ended June 30, 2012. Total revenue for Q2 was a record $4.05 Ml. compared with $1.20 Ml. for the prior year. Adjusted EBITDA (defined as net (loss) for the period adjusted for depreciation, amortization, interest, foreign exchange and stock based compensation) was $0.44 Ml. compared to a loss of $0.02 Ml. in 2011. For the six months ended June 30, 2012, revenue totaled $8.05 Ml. with Adjusted EBITDA of $0.96 Ml. as compared to $2.30 Ml. in revenue with an Adjusted EBITDA loss of $0.08 Ml. for the same six month period of 2011.

For more about Noble Iron's financial results...