DigitalPost Interactive, Inc. (DGLP.OB) Announces Financial Results for Year 2009
DigitalPost Interactive, Inc., a leader in the digital media-sharing and social networking space, today reported its financial results for last year. The company reported growth in both business segments, with family website subscriptions increasing to $724,800 in 2009 from $310,000 in 2008 and revenues from professional services contracts rising to $637,700 in 2009 from $178,900 in 2008. Recurring subscribers grew from 13,151 to 16,559 year-over-year. This number includes subscribers to TheFamilyPost.com, DigitalPost's direct B2C web property, and DigitalPost's B2B partners, including Kiddie Kandids. DigitalPost continued to maintain lower expense levels while generating revenue growth throughout the year. Net cash used…