The expedited bill-payment provider Tio Networks Corp. handled 3.9 million transactions in the third quarter that ended April 30, up more than 18% from a year earlier.
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Revenue from the transactions rose 18.8%, to $9.5 million, the Vancouver, British Columbia, company announced May 17.
The results are preliminary and may be adjusted when Tio Networks reports the quarter's results.
In March, Tio Networks reported it had a fiscal second-quarter net loss of $129,853, compared with a loss of $632,627 a year earlier. Revenue rose 58.2%, to $8.7 million.
