Revenue for Vancouver's Verb Exchange Inc. (TSX-V:VEI) jumped 40% to $23.5 million in 2007 from $16.8 million in 2006. But the company still recorded a $1.5 million loss in fiscal 2007, which was down slightly from its $1.6 million loss in 2006.
Verb Exchange's sales costs rose roughly in tandem with its revenue.
The digital media company, which specializes in mobile and online communications, topped Business in Vancouver's 2007 list of the fastest growing companies in B.C. (issue 932; September 4 10, 2007).
Its share price range during the week: between $0.28 and $0.31; 52-week high: $0.60; 52-week low: $0.08.