• by Wayne Friedman , February 4, 2015

The company, which can reward viewers for watching specific TV shows with advertiser promotions, said revenue grew 43% to $7.2 million in its fiscal second-quarter 2015 period from the same period a year ago. In addition, sequential quarterly revenue grew 11% from $6.476 million in its fiscal first quarter 2015.

However, cash flow is still negative: Viggle’s earnings before interest, taxes, depreciation, and amortization (EBITDA) posted a $7.0 million loss. It was $5.2 million in the same period a year ago. But better than the $7.8 million in the first quarter.

During the period, Viggle secured a $30 million investment from Sillerman Investment Company III, owned by Robert F.X. Sillerman, chairman/CEO of Viggle and SFX. Viggle said that SFX entered into a sales agency agreement with Viggle to help Viggle’s brand partnership, media and sponsorship capabilities.

Viggle says it added almost 1 million new users during the quarter, bringing the total to more than 7.9 million registered users, compared with 3.7 million users a year-ago quarter, an increase of 116%.

Viggle users have now checked into 451.9 million TV programs and matched more than 105 million songs using Viggle’s music service.

During the quarter, Viggle added new media partnerships: HGTV, HitFix, Gracenote, and a new mobile technology in collaboration with Opera Mediaworks to help TV network advertisers offer consumers a new call to action.