Sportscene Group Inc. announced unaudited consolidated earnings results for the first quarter ended November 24, 2013. For the quarter, the company reported revenues of CAD 17,420,000 against CAD 17,483,000 a year ago. Earnings before interest, amortization and income taxes were CAD 1,950,000 against CAD 1,701,000 a year ago.

Operating earnings were CAD 1,047,000 against CAD 794,000 a year ago. Earnings before income tax expenses were CAD 1,030,000 against CAD 850,000 a year ago. Net earnings and comprehensive income were CAD 789,000 or CAD 0.19 per basic and diluted share against CAD 637,000 or CAD 0.15 per basic and diluted share a year ago.

This performance is attributable to the solid growth in average same-Cage sales, coupled with the efforts made in recent quarters to optimize overall operating efficiency and profitability. Net cash inflows from operating activities were CAD 984,000 against CAD 533,000 a year ago. Acquisitions of property, plant and equipment was CAD 1,560,000 against CAD 1,174,000 a year ago.

Acquisitions of intangible assets were CAD 18,000. Earnings before interest, amortization, other items and income taxes, or EBITDA was rose 14.6% to CAD 2.0 million.