Net income of $10.3m for 2015, up 30% y-o-y, was a record and reflects the success of establishing its OTCQB market as a premier market designation for venture-stage companies. Companies paying a fee to be included on the OTCQB Venture Market rose from 311 at the end of 2014 to 942 at the end of 2015. This success follows that of 2014 when a repricing initiative in its market data licensing business resulted in a 40% increase in net income. At the same time as growing revenues, it has invested considerably in its systems to meet regulatory requirements and improve reliability