04:56 PM EDT, 08/27/2024 (MT Newswires) -- Boardwalktech Software ( BWLKF ) on Tuesday said its per-share non-IFRS net loss for the first fiscal quarter of 2025, matched the losses reported in both the first and fourth quarter of fiscal 2024.

The digital ledger platform provider reported its non-IFRS (International Financial Reporting Standards) loss, excluding most one-time items, for the quarter ended June 30 was US$0.5 million, or US$0.01 per share, unchanged from the year-prior period.

Net loss for the quarter was US$0.8 million, or US$0.01, compared with a loss of US$0.9 million, or $0.02.

Revenue was $1.25 million, down 19% from $1.55 million a year earlier. The drop includes a 48% drop in revenue from professional services compared to the previous year, the company said.

The company's shares last traded Monday, closing at $0.11 on the TSX Venture Exchange.