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GROUPE ATHENA INC (GATA)

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Last Post: 7/11/2016 12:39:03 PM - Followers: 34 - 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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#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. HighPlainsTrader 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
#1500   yeah but they state it will be 60-72 Bobwins 04/11/16 11:11:40 AM
#1499   I can only hope so. Maybe there will Traderfan 04/11/16 10:26:12 AM
#1498   some day we're going to get rewarded for Bobwins 04/11/16 10:21:38 AM
#1497   Quarterly report out! Another huge quarter. Doing 15 Traderfan 04/11/16 09:03:08 AM
#1496   Oh nice! I think they have huge potential! mKpeele 04/09/16 05:18:01 PM
#1495   One of the cheapest stocks in the entire Traderfan 04/09/16 03:38:30 PM
#1494   GATA financials are audited annually like most littlejohn 04/09/16 12:03:25 AM
#1493   $GATA 6 months chart for review http://www.sto $Pistol Pete$ 04/08/16 11:38:23 PM
#1492   Their financials are crazy good. It'd be nice mKpeele 04/08/16 11:32:47 PM
#1491   I bought a starter of 7500 shares today! mKpeele 04/08/16 11:30:25 PM
#1490   It looks like like GATA has been getting mKpeele 04/08/16 11:30:01 PM
#1489   What's happening here? mKpeele 04/08/16 11:29:44 PM
#1488   Is the GATA cash in Confederate Bonds?... littlejohn 04/05/16 12:24:40 AM
#1487   GATA, yes I'm disappointed as well that nobody Traderfan 02/16/16 11:06:34 AM
#1486   gata -.045 to $.14 couldn't resist. Bobwins 02/16/16 10:56:51 AM
#1485   Looks like a big quarter filed for GATA Traderfan 02/16/16 09:17:33 AM
#1484   its not wolfs ticker ~ good luck WarChest 11/16/15 09:42:37 PM
#1483   if this is wolfs ticker you will bank WarChest 11/16/15 02:38:42 PM
#1482   interesting ~ wolf has a ticker tomorrow WarChest 11/16/15 12:02:23 PM
#1481   Interesting. mKpeele 11/16/15 09:11:44 AM
#1480   It's been dead for years, no one believes Axel 11/16/15 02:23:48 AM
#1479   GATA has $75m in revenue!! mKpeele 11/15/15 05:28:20 PM
#1478   I get it. But once people catch on, mKpeele 11/14/15 01:42:59 PM
#1477   It's just a matter of time before this ErnieBilco 11/14/15 11:17:45 AM
#1476   I picked up 20k shares on Friday. The mKpeele 11/14/15 10:54:27 AM
#1475   Extremely nice but at .15 mKpeele 11/14/15 10:53:53 AM
#1474   EPS of 10 cents a share. ErnieBilco 11/09/15 09:19:57 AM
#1473   $GATA recent news/filings stocktrademan 07/28/15 01:56:25 PM
#1472   Very nice share structure here. Decent volume on nathanial 06/14/15 11:06:43 PM
#1471   MUMBAI, INDIA / ACCESSWIRE / June 9, 2015 mrbizzard 06/09/15 11:00:55 AM
#1470   Huge revenues in the news...sweet! Cabroncita 06/09/15 09:46:51 AM
#1469   News looks pretty good!! mrbizzard 06/09/15 09:43:18 AM
#1468   Check it out! http://finance.yahoo.com/news/groupe-athena-inc-posts-strong-13150 budfoxhub 06/09/15 09:41:18 AM
#1467   GATA huge news http://finance.yahoo.com/news/groupe-athena-inc-posts-strong-131 Mick Dodge 06/09/15 09:38:35 AM
#1466   Anyone have updated SS ? mrbizzard 06/09/15 09:02:13 AM
#1465   Get some popcorn, get ready for a show! Hooka 06/09/15 09:01:17 AM
#1464   Fibonacci Analysis for $GATA Hooka 06/09/15 09:00:33 AM
#1463   Agreed, pretty thin, wont take much pressure to mrbizzard 06/09/15 09:00:21 AM
#1462   Lots of Twitter buzz. GATA is getting talked up.. mrbizzard 06/09/15 08:59:44 AM
#1461   Get ready!! $GATA can fly! Hooka 06/09/15 08:59:34 AM
#1460   Watching that .40 level..could get hit soon. mrbizzard 06/09/15 08:59:25 AM
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