Excel Corporation announced consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported net revenues of $5,209,759 against $3,790,771 a year ago. Net loss from operations was $816,643 against $581,501 a year ago. Net loss was $529,124 against $657,837 a year ago.

For the year, the company reported net revenues of $17,599,332 against $9,565,239 a year ago. Net loss from operations was $1,696,640 against $3,020,907 a year ago. Net loss was $1,622,494 against $436,881 a year ago. The $8,034,093 increase in total Revenue was primarily due to Excel's recognizing the first full year of operations from its Securus Payments subsidiary which was acquired in April 2014, significant organic sales growth, and one month of results from the acquisition of the U.S. operations of Calpian Inc.