Max Liszkowski, chief financial officer of Iplayco (CVE:IPC), says the manufacturer of children's indoor play equipment is targeting larger contract wins now that its balance sheet has been strengthened.
The Canadian firm, which ranked among the top 10 best performing companies in the diversified industries sector on the TSX Venture Exchange last year, creates fun and safe play areas for children and has sold units to over 50 countries and to 16 different markets.
These include family entertainment centres, theme parks, shopping malls, restaurants, hospitals, zoos, churches and more.
Last year, it received an US$8.8mln investment by Saudi FAS Holding Company and its British Columbia subsidiary, FAS Entertainment B.C. --- together known as FAS -- which also happens to be one of its biggest customers, paving the way for a huge expansion of the company.