Monday, December 14, 2009
TCFKAP's Q4 and fiscal 2009
The company formerly known as PhotoChannel, PNI Digital Media (OTC BB: PNDMF.OB) announced its Q4 and year-end numbers today, PNI Digital Media Announces Fiscal 2009 Year-End and Fourth Quarter Financial Results. It earned 2 cents in the quarter. In the previous comment thread, commenter Homer315 noted that Aaron Edelheit's prediction of a sequential doubling of EBITDA came to pass and noted the company's warning about currency effects in its conference call. I missed that part of the conference call, but I assume the warning related to the challenges of having costs in Canadian dollars and revenues in U.S. dollars when the USD is weak relative to the CAD.