UpSNAP Inc. reported earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total operating revenue grew by 49.0% to $1.26 million compared to $0.85 million for fourth quarter of 2013. Loss from operations of $0.65 million compared to $1.07 million in fourth quarter of 2013. Net loss and comprehensive loss of $1.52 million compared to $1.13 million in fourth quarter of 2013. Basic and diluted loss per share of $0.01 compared to loss per share of $0.02 in fourth quarter of 2013.

For the year, the company reported total operating revenue grew by 12.5% to $3.96 million for compared to $3.52 million in fiscal 2013. Net loss and comprehensive of $4.12 million compared to $12.24 million in fiscal 2013. Basic and diluted loss per share of $0.03 compared to loss per share of $0.48 in fiscal 2013. Total cash position of $0.67 million compared to $0.13 million as at December 31, 2013.