Bluedrop Performance Learning reported audited financial results for the year ended September 30, 2016. Revenue for the year ended September 30, 2016 was $24.8 million up from $21.2 million, an increase of 17%. Gross profit for the year was $11.4 million up from $9.3 million, an increase of 23%. Pre-tax income for the year was $1.4 million versus $0.4 million in the prior year an improvement of $1.0 million. After tax income for the period was $1.0 million as compared to $0.3 million in the prior year. The company reported record revenues and gross profit for the year ended September 30, 2016 and closed the year with a strong cash position. The company made record investments in research and development in the year of $3.9 million that was fully expensed versus $1.2 million of gross research and development expenditures in the previous year.