DataWind Inc. announced earnings results for the third quarter ended December, 31, 2014. Revenue was CAD 8.5 million for the three months ended December 31, 2014 compared to CAD 5.5 million for the three months ended December 31, 2013, an increase of 54%. Unit sales were 144,766 for third quarter 2015, an increase of 115% compared to third quarter 2014.

The increase in revenue was a result of higher unit sales made possible by the additional working capital provided by the IPO and the company's expanded channel partnerships. Net loss in third quarter 2015 was CAD 2.0 million or CAD 0.09 per common share basic and fully diluted compared to a net loss of CAD 0.6 million or CAD 0.004 per common share basic and fully diluted in the same period last year. The change is primarily a result of the increased G&A and R&D expenses.