Eight Solutions Inc. reported audited consolidated earnings results for the year ended December 31, 2017. For the period, the company reported revenue of CAD 3,541,627 against CAD 3,456,435 a year ago. The increase was driven by Cumul8 licensing and support revenue, which was up 40% compared to the year ended December 31, 2016. Net loss and comprehensive loss attributable to the shareholders of the company CAD 3,846,104 against CAD 3,096,388 a year ago. Basic loss per share was CAD 0.06 against CAD 0.06 a year ago.

for 2018, the company's goal is to have MRR equating to approximately CAD 5 million of annual recurring revenue by the end of the year.