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I LIFESPEAK LifeSpeak Inc. Announces Second Quarter 2021 Results Second quarter 2021 revenue reached $ 5.6 million , an increase of 132 % compared to the same period in 2020 Second quarter 2021 Adjusted EBITDA reached $ 2.2 million , an increase of $ 1.5 million over the same period in 2020 Second quarter Adjusted EBITDA margin of 40 % , compared to 28 % in the second quarter of 2020 Client count increase of 45 % to 253 as at June 30 , 2021 , compared to 175 as at June 30 , 2020 Toronto , ON August 6 , 2021 – LifeSpeak Inc. ( " LifeSpeak " or the " Company " ) ( TSX : LSPK ) , the mental health and total well - being platform for employee and customer - focused organizations , today announced its three and six month financial and operational results for the period ended June 30 , 2021. All references to dollar values in this press release are in Canadian dollars , unless otherwise indicated . " Our second quarter revenue and Adjusted EBITDA grew significantly compared to the second quarter of 2020 , largely due to a client base that increased by 45 % compared to the prior - year period , " said Michael Held , Founder and CEO of LifeSpeak . " We believe that our effective and affordable mental health and total well - being platform for employee and customer - focused organizations is becoming increasingly important to clients , and our quarterly growth reflects that . " Consolidated Business Highlights for the Three and Six Months Ended June 30 , 2021 ( All capitalized terms not defined herein , shall have the meaning ascribed to them in the Management's Discussion and Analysis for the three and six months ended June 30 , 2021 , unless otherwise stated ] Second quarter 2021 revenue of $ 5.6 million , an increase of 132 % compared to the same period in 2020 , representing a continuing trend of growth in the adoption of the Company's platform . First half 2021 revenue of $ 10.5 million , an increase of 139 % compared to the same period in 2020 . Annual Recurring Revenue ( ARR ) of $ 22.9 million as at June 30 , 2021 , an increase of 132 % over the same date in 2020 , representing a continuing trend of growth in ARR . Second quarter 2021 Adjusted EBITDA of $ 2.2 million , an increase of $ 1.5 million over the same period in 2020 . First half 2021 Adjusted EBITDA of $ 4.1 million , an increase of $ 3.0 million over the same period in 2020 . Net income for the three months ended June 30 , 2021 of $ 0.5 million , and increase of $ 0.8 million compared to a net loss of $ 0.3 million for the same period in 2020 . 1