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GROUPE ATHENA INC (GATA)

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Last Post: 11/10/2017 8:43:27 AM - Followers: 37 - 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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#1550   http://www.otcmarkets.com/stock/GATA/filings bobkubecka 11/10/17 08:43:27 AM
#1549   I can't find any proof of GATA earnings. joeeasy 11/09/17 10:43:54 AM
#1548   Has anyone looked at the 10Q on GATA? joeeasy 11/09/17 10:11:24 AM
#1547   Yep crazy. Such good numbers. One of the Traderfan 11/07/17 04:19:03 PM
#1546   Strange indeed.A great earnings report. genlou 11/07/17 10:30:20 AM
#1545   Strange how no one wants this... PennyStalker 11/07/17 09:55:15 AM
#1544   Groupe Athena, Inc. Posts Strong 1st Quarter Results genlou 11/07/17 09:51:23 AM
#1543   This has got to be the weirdest stock PennyStalker 10/30/17 09:17:51 PM
#1542   $GATA huge news! Groupe Athena, Inc. Nominated for easymoneylucy 03/16/17 11:50:15 AM
#1541   GATA is a research and testing organization and zigzagman 03/16/17 10:41:56 AM
#1540   Groupe Athena, Inc. Posts 2nd Quarter Results Cabroncita 03/16/17 09:25:31 AM
#1539   Groupe Athena, Inc. Nominated for CFI.co Award zigzagman 03/16/17 09:17:35 AM
#1538   Watch for reversal here! easymoneylucy 03/16/17 09:00:02 AM
#1537   $GATA bounce chart on the breakout, see chart: easymoneylucy 03/15/17 03:55:49 PM
#1536   Groupe Athena Announces Revenue Update, and Increases Previous Estimate zigzagman 03/15/17 10:28:33 AM
#1535   Radar $GATA. Technical Chart for $GATA: easymoneylucy 03/15/17 09:20:19 AM
#1534   Volume picked up a bit yesterday... zigzagman 03/15/17 09:18:30 AM
#1533   Nice to see a green close here yesterday...up Cabroncita 03/15/17 08:47:05 AM
#1532   Radar $GATA, 7mm low floater! easymoneylucy 03/14/17 03:47:31 PM
#1531   Groupe Athena, Inc. was incorporated in June 2008 zigzagman 03/14/17 02:33:44 PM
#1530   Nice to see $GATA holding green! Looking Cabroncita 03/14/17 02:09:28 PM
#1529   New high of day! +37.5% at .11 zigzagman 03/14/17 09:45:49 AM
#1528   Yeah expect more coming this year! easymoneylucy 03/14/17 09:07:41 AM
#1527   $GATA $1.5M net income, that's nuts! Read this: http://finance.yahoo.com/news/g easymoneylucy 03/13/17 03:27:05 PM
#1526   Yes they have Zig and I think that Cabroncita 03/13/17 02:32:32 PM
#1525   GATA has put out some great News this year! zigzagman 03/13/17 02:02:07 PM
#1524   Revenue Update last week: Based on current orders easymoneylucy 03/13/17 10:02:05 AM
#1523   Radar! $GATA is nominated for the prestigious CFI.co easymoneylucy 03/13/17 09:31:19 AM
#1522   Yup $GATA on watch, buzzing. On top of radar!!! easymoneylucy 03/13/17 09:20:35 AM
#1521   Hey there Zig! Nice news indeed. Cabroncita 03/13/17 09:19:03 AM
#1520   Nice news out this morning! zigzagman 03/13/17 09:07:20 AM
#1519   $GATA the Company is serving India and South easymoneylucy 02/27/17 03:41:41 PM
#1518   Groupe Athena has a research and marketing facility zigzagman 02/27/17 12:19:52 PM
#1517   Great news for $GATA! easymoneylucy 02/27/17 11:24:43 AM
#1516   $GATA Up 15.79% is a nice way to Cabroncita 02/27/17 11:15:12 AM
#1515   +15.79% at .11 to start the week! zigzagman 02/27/17 10:08:10 AM
#1514   $GATA Serving India and South East Asia, Groupe Cabroncita 02/27/17 10:03:30 AM
#1513   Up nicely this morning! easymoneylucy 02/27/17 10:01:27 AM
#1512   $GATA on watch! Founded in 2008 almost 10 easymoneylucy 02/27/17 09:55:55 AM
#1511   Groupe Athena, Inc. Posts 2nd Quarter Results zigzagman 02/27/17 09:28:36 AM
#1510   It is a valid company in India and roby117 01/12/17 03:13:43 PM
#1509   The main reason is that it's Indian. I Traderfan 07/11/16 12:39:03 PM
#1508   This company is impossible. The PE is something Extravagance 07/09/16 11:18:32 PM
#1507   Adding .10 - .12 these are gifts. Cobalt Fusion 04/15/16 01:13:43 PM
#1506   KIK, please verify location of .21/share cash littlejohn 04/13/16 12:32:38 AM
#1505   LOL! I'd bet a LOT of money that Knowledge is King 04/12/16 08:55:05 AM
#1504   Blame it on gov't rules... littlejohn 04/12/16 12:50:50 AM
#1503   That's insane mKpeele 04/11/16 09:12:22 PM
#1502   Scammy GATA suffers from ~400000 shares quarterly dumped Knowledge is King 04/11/16 02:24:04 PM
#1501   But 2 years are already over. Hope it Traderfan 04/11/16 11:13:46 AM
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