Thursday, May 04, 2017 11:36:48 AM
Mr. Silva stated: "The Etelix.com acquisition is turning into a much better deal than we anticipated. We have generated $1,893,600 in 1st quarter revenue based on invoice billed services, with positive EBTIDA. Final numbers are still being put together, but Etelix has continued to operate profitably on an EBITDA and Net Income basis, even though the Company is investing heavily in growth. We have been working with Etelix since before the acquisition in helping them structure the business for continued growth. Metrospace has a very active role in Etelix and things are starting to come together synergistically very nicely. This past first quarter we have seen revenue grow from $572,000 in January to approximately $714,000 in March.
About Etelix.com USA, LLC
All my posts are my opinion and are not a buy or sell recommendation
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