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CPA2Biz Financial Results Improve

Please note: This item is from our archives and was published in 2004. It is provided for historical reference. The content may be out of date and links may no longer function.

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At the fall council meeting, CPA2Biz reported that for the year ended July 31, 2003, its operating loss narrowed 90.5% to $3.2 million from $33.8 million ( www.cpa2biz.com/Corp/Press+Releases/ ). In addition, based on revenues of more than $14 million, CPA2Biz projects a break-even cash flow for the year ending July 31, 2004.