The legaltech company said Tuesday that its earnings for the period ended Dec. 31 marked its “strongest quarter yet” and that price changes in Canada “support significant recent product investments and enhancements.” (The Logic)

Talking point: The company had recently bumped the price range of a part of software for Ontario clients to $199–$249 per transaction, up from $129, and some B.C. firms were told they’d be paying $199 per file, up from $30–$75. It faces a proposed $200-million class-action lawsuit that alleges it violated federal competition laws by misleading customers about a three-year price freeze. The company said at the time that it will defend itself against the suit. CEO Matthew Proud told analysts during a conference call Tuesday that the company’s “platform is by far the most advanced real estate financing software” and “customers should pay a fair price for a best-in-class product that significantly enhances their practice and also drives real financial values for their business.” The firm reported a quarterly loss of nearly $4 million compared to last year’s roughly $21.5-million loss for the same period. Revenue was up 225 per cent to about $110 million from about $34 million.