Trakopolis IoT Corp. announced earnings results for the second quarter of 2017. For the quarter, revenue of $1.59 million, which represents a 39% increase compared to the same period in 2016 and 9% growth, quarter over quarter. A net loss of $1.298 million was recorded for the quarter. The increase in net loss arises from increased sales, marketing and operations expenses during the quarter as a result of implementing the company's growth plan and increased share based compensation expense. Adjusted LBITDA of $0.769 million compared to the prior quarter of negative $296,000. The decrease in adjusted EBITDA is primarily a result of receiving a SR&ED rebate of $0.403 million during first quarter of 2017.