Smarte Carte reports loss of $665,925 in February

By Ellen Chang

Houston, April 4 - Smarte Carte Corp. reported a loss of $665,925 in February on revenue of revenue of $5.2 million, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

The company's consolidated EBITDA was $1.12 million.

Cash at the end of month was $5.21 million.

Smarte Carte, a St. Paul, Minn., airport cart operator, made a prepackaged Chapter 11 filing on Feb. 11. Its case number is 05-10395.

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