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GROUPE ATHENA INC (GATA)

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Last Post: 11/21/2014 9:15:05 AM - Followers: 33 - Board type: Free - Posts Today: 0

 


Share Structure

                                                       Market Value                 $11,784,225        a/o July 29, 2011
                                                       Shares Outstanding       47,136,900          a/o June 30, 2011
                                                       Float                              2,171,600           a/o June 30, 2011
                                                       Authorized Shares         100,000,000        a/o June 30, 2011

http://www.otcmarkets.com/stock/GATA/company-info







RECENT NEWS

 

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UPDATE: Groupe Athena, Inc. Continues Pace for Record Fiscal Year With Strong Second

Quarter Sales

 

MUMBAI, INDIA--(Marketwired - Mar 10, 2014) -  Groupe Athena, Inc. (OTC Pink: GATA) today posted their quarterly results for the three months ending December 31, 2013. The company reported revenues of $17,961,452 which is an increase of 21% when compared to the corresponding period in 2012 and represents the strongest 6 month earnings period in the company's history. Operating income for the quarter was also strong at $3, 097,791, an increase of over 26% from $2.45 million for the same period in 2012.

Net income after taxes and depreciation for the period was $2,083,606 or $.044 per share.

With regard the continued strong growth, the company's President, Ms. D Purohit, stated, "I can't put into words how exciting it is to see our dreams become reality. Our core business is thriving and our expansion plans are proceeding as expected. We fully expect 2014 to be a breakout year for Groupe Athena, Inc."

The company reiterates that the strong increase in operating income is due to the continued increases in gross margins and they anticipate further increases as more work is transitioned in-house. Operating margins are approaching 20% currently and management remains committed to attain 40% gross margins over the next few years.

The company's order position also remains very healthy and management expects record total revenues of at least $65 million for the current fiscal year. 

Cash and cash equivalents are at record levels for the company and continue to grow and debt remains virtually non-existent.

To review the complete quarterly report please go to www.otcmarkets.com/stock/GATA/quote and click on "Financials."

The Indian pharmaceutical industry is increasingly focusing on exports to the United States and Europe and GATA is well positioned to help them get their products approved by the respective governing bodies for sales in both regions. All of these are potential clients and the Company believes it has an advantage over competitors due to the facilities based in India, and their ability to deliver quick feedback to clients that could result in expedited order generation. With recent additions to equipment, the company will continue to take on additional contracts and continue to anticipate further growth.


About Groupe Athena, Inc.

 The company is a research and testing organization and helps various pharmaceutical and medical products and devices companies in India and Southeast Asia to get regulatory approvals and facilitate exports of their products to the United States. The Company accomplishes this by assisting clients from concept through development, providing consultation on regulatory requirements, filings and processes.

TThe Company's web address is  http://www.groupeathena.com/

For more information contact:
Paul Cornell
Corporate Shareholder Relations, Inc.

cornellpaul6@gmail.com

 


 

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#1274   What's up with GATA, some individual selling? Thinking Traderfan 11/21/14 09:15:05 AM
#1273   What's up with GATA, some individual selling? Thinking Axel 11/21/14 04:55:20 AM
#1272   Another awesome quarterly report from GATA. Oil Driller 11/14/14 04:53:41 PM
#1271   TF--I got an email from the IR guy slyestjester 10/01/14 11:19:10 PM
#1270   Will take a look. Thx. Check your PM. Traderfan 09/30/14 12:47:02 PM
#1269   I'd appreciate that. If you get a slyestjester 09/30/14 12:44:05 PM
#1268   If you want I can give you his Traderfan 09/30/14 11:51:07 AM
#1267   TF--he does not seem to be listed on slyestjester 09/30/14 11:45:49 AM
#1266   Sly, I haven't talked to the IR guy Traderfan 09/29/14 05:09:52 PM
#1265   TF--Tried to buy this today with no luck. slyestjester 09/29/14 04:56:57 PM
#1264   Yes of course I'm in for a long Traderfan 08/25/14 04:03:07 PM
#1263   Hopefully you were in before the spike and Optimistic Trader 08/25/14 03:56:47 PM
#1262   Well GATA actually had a nice spike lately Traderfan 08/25/14 01:35:48 PM
#1261   Trader...right on, these pinkies/OTC's are not investing - Optimistic Trader 08/25/14 01:30:02 PM
#1260   No doubt it's a completely different game and Traderfan 07/29/14 06:03:23 PM
#1259   I don't invest in tiny start-ups. There is RealDutch 07/29/14 06:02:11 PM
#1258   OT: I just thought you follow that other Traderfan 07/29/14 05:59:24 PM
#1257   No, I don't follow that stock. I look RealDutch 07/29/14 05:52:31 PM
#1256   GATA now doubled earlier today from the 18 Traderfan 07/29/14 05:41:13 PM
#1255   Current assets continue to remain strong at $14,988,476 ErnieBilco 07/28/14 06:33:58 PM
#1254   $GATA RELEASES EARNINGS! Penny Captain 07/28/14 06:23:41 PM
#1253   Thanks for your correspondence...yes, long waiting it has been! Optimistic Trader 04/29/14 02:54:56 PM
#1252   That's the question, how real are the numbers. Traderfan 04/29/14 01:06:19 PM
#1251   Any updates about GATA getting closer to US Optimistic Trader 04/29/14 12:09:08 PM
#1250   Yes I hope so. They are working on Traderfan 03/24/14 11:29:35 AM
#1249   Is GATA uplisting anytime soon? Lucky Moneysauce 03/24/14 05:46:32 AM
#1248   GATA needs to hire a PR firm... It's BillyBigBucks 03/15/14 10:16:55 AM
#1247   It certainly is undervalued big time. Traderfan 03/14/14 12:54:18 PM
#1246   P/E of just 2. This stock is incredibly undervalued BillyBigBucks 03/14/14 12:07:13 AM
#1245   With limited float this stock will take off BillyBigBucks 03/12/14 05:50:27 PM
#1244   The company's order position remains very healthy and BillyBigBucks 03/12/14 05:26:25 PM
#1243   GATA has no long-term or short-term debt. BillyBigBucks 03/12/14 05:24:09 PM
#1242   GATA believes this will be a break out year BillyBigBucks 03/12/14 05:20:17 PM
#1241   Amazingly good. Without double checking I believe their Traderfan 02/11/14 10:30:27 AM
#1240   Any thoughts on yesterday's earnings report? TIA Knowledge is King 02/11/14 09:37:37 AM
#1239   I didn't even know that they ever had Traderfan 02/08/14 05:06:28 PM
#1238   Being listed in the pump and dump hall randall899 02/08/14 10:56:11 AM
#1237   At 18 cents it doesn't take much for RealDutch 02/08/14 07:26:49 AM
#1236   You are certainly entitled to your opinion. I Traderfan 02/08/14 07:19:09 AM
#1235   I don't like the company much TF. They RealDutch 02/08/14 07:13:05 AM
#1234   You probably also know it's impossible to find Traderfan 02/08/14 06:03:10 AM
#1233   Then how do you explain this? (from the Traderfan 02/08/14 05:55:04 AM
#1232   $0.2625.. If the painter 10 bagger 09/30/13 10:35:58 AM
#1231   One of the best, it not the best Traderfan 09/27/13 11:44:16 AM
#1230   Thru my research I came up with this downtowner 09/27/13 10:40:59 AM
#1229   Another huge quarter for GATA. Amazing balance sheet Traderfan 09/23/13 11:36:17 AM
#1228   GATA.. $0.2601.. Keeps churning out good news.. It 10 bagger 09/23/13 10:24:45 AM
#1227   The Indian pharmaceutical industry was estimated to be genlou 09/13/13 08:24:49 AM
#1226   Hopefully this a start.. $GATA GROUPE ATHENA, deri21 09/03/13 09:24:23 AM
#1225   "Mumbai, India ? August db7 08/05/13 04:35:57 PM
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