Iplayco Corporation Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2016. For the quarter, sales increased by 4.6% to CAD 4,612,437 from CAD 4,410,462 in 2015. Net income amounted to CAD 98,610, or diluted net income per share of CAD 0.00, as compared to a net loss of CAD 50,134, or net loss per share of CAD 0.00, 2015.

For nine months, sales decreased by 3.5% to CAD 11,535,440 from CAD 11,958,559 for 2015. The net loss amounted to CAD 609,369, or net loss per share of CAD 0.03 as compared to net income of CAD 300,653, or diluted net income per share of CAD 0.02, for 2015.

These orders have significantly increased sales backlog, and the company is therefore anticipating a significant increase in sales for the fourth quarter ending September 30, 2016 as compared to third quarter.