Currency Exchange International, Corp. announced earnings results for the fourth quarter and year ended October 31, 2016. Revenues increased 12% or $810,000 to $7.7 million for the three month period ended October 31, 2016 from $6.9 million for the three month period ended October 31, 2015. Net operating income decreased $111,000 to $2.2 million for the three month period ended October 31, 2016 from $2.3 million for the three month period ended October 31, 2015. Net income increased $989,000 to $1.4 million for the three month period ended October 31, 2016 from $391,000 for the three month period ended October 31, 2015. The increase in net income was due to a decrease in income taxes payable of $882,000 and decreases in other operating expenses of $219,000 related primarily to fees incurred to pursue a banking license in Canada. Earnings per share (diluted) were $0.22. Revenues increased 11% or $2.7 million to $26.8 million for the year ended October 31, 2016 from $24.1 million for the year ended October 31, 2015. Net operating income decreased $260,000 to $6.9 million for the year ended October 31, 2016 from $7.1 million for the year ended October 31, 2015. Net income decreased $1.1 million to $3.6 million for the year ended October 31, 2016 from $4.7 million for the year ended October 31, 2015. The decrease in net income was primarily related to a non-recurring $1.5 million gain on foreign exchange offset by income taxes of $440,000 during the year ended October 31, 2015.