Exclamation Reports 2013 Results

Exclamation Reports 2013 Results

Toronto, Ontario CANADA, May 01, 2014 /FSC/ - Exclamation Investments Corporation (XI - TSX Venture), ("exclamation"), is a business creator conceiving and developing paradigm-shifting businesses in the dual role of founder and seed investor, today announced its financial results for the fiscal year and fourth quarter-ended December 31, 2013.  

"In 2013, exclamation focused on building value in its current portfolio of investments while increasing revenue." commented Marc Lavine, Chief Executive Officer. "We have built a strong foundation and are well positioned for expansion in 2014."

2013 Highlights:

- Generated Portfolio Return* of +9.5% on the year, based on average investments of $2.9 million over the trailing 12 months. (*Portfolio Return consists of interest income, dividends, realized and unrealized gains and losses, and the recovery of fees from investments.)  

- Completed non-brokered private placement with gross proceeds of $300 thousand at $0.10 per Common Share.

- As at December 31, 2013, total investments at fair value were $2.9 million as compared to $2.7 million at December 31, 2012, an increase of $191K or +7.1%; and

- Net asset value per share of $0.08, down from $0.09 at December 31, 2012.

Financial Summary


                                   as at             as at
                             December 31, 2013 December 31, 2012
                                  (GAAP)            (GAAP)

Total current assets                  408,791           830,751
Total current liabilities             505,913           348,384
Total corporate investments         2,901,977         2,710,580
Total debt                            100,000                 -
Total shareholders' equity          2,704,855        $2,664,164

($)                                                      Total      
                                                    2013      2012  
    Net unrealized gains (loss) on investments    36,492 (174,580)
    Net realized gain on investments              10,696         -
    Interest income                               87,911    79,793
    Dividend income                              100,000   100,000
Total revenues                                   235,099     5,213
Expenses                                         512,529   517,383
Earnings (loss) before income taxes            (277,430) (512,170)
Net income (loss)                              (284,275) (512,170)
Net income (loss) per share (Basic)              ($0.01)   ($0.02)
Net income (loss) per share (Fully Diluted)      ($0.01)   ($0.02)


Detailed financial statements and management discussion and analysis are available on www.sedar.com.

For more information about exclamation, visit www.exclamation.com


exclamation Investments is a business creator that conceives and develops paradigm-shifting businesses in its roles of seed investor, founder and active partner. Leveraging its trans-Atlantic network to develop new business concepts, and its proven process for transforming ideas and capital into profits, exclamation shareholders participate from the founder stage as they 'get in' at a low cost before significant value is established, and are positioned to 'exit' and realize gains when value is maximized offering potential returns significantly higher than traditional venture capital and private equity.  For more information about exclamation, visit http://www.exclamation.com.  

Certain information in this news release may constitute forward-looking information.  This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation.  Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators available at www.sedar.com.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact:

Exclamation Investments Corporation
Daniel Shields, Chief Financial Officer
t : 1 (888) 838-1666
e: info@exclamationinvestments.com
w: www.exclamationinvestments.com

To view this press release as a PDF file, click onto the following link:

Source: Exclamation Investments Corporation (TSX-V XI) www.exclamation.com
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