Monday, January 26, 2015 9:08:12 PM
SeanieMac International BETS Current in Financial Filings; CEO Provides Shareholder Update on 2014 Financial Performance
BETS NEWS
Date : 01/14/2015 @ 8:30AM
Source : PR Newswire (US)
HUNTINGTON, NY, Jan. 14, 2015 /PRNewswire/ -- SeanieMac International, Ltd (OTCQB: BETS), announces it is has regained OTCQB status, after becoming current in its SEC filings with the filing of its 3rd quarter results on December 31, 2014. The CEO also provided the following update:
Dear Shareholders,
As promised in SeanieMac's previous shareholder update, the Company is now current in its financial reporting and has been reinstated on the OTCQB. I would like to update shareholders on our business, financing and corporate goals for 2015.
The most important thing we do every day is manage our business in Ireland. In spite of the challenges presented in 2014 by the delay of our audit, we were able to continue to manage our platform and add thousands of customers over the past few months.
On an unaudited basis, we had turnover revenue of $10,750,114 in 2014 versus $2,949,471 in 2013, representing an increase of 364%. SeanieMac generated a gross profit of $643,200 in 2014 versus $222,391 in 2013, representing an increase of 289%. We accomplished this without a marketing budget for most of the year.
SeanieMac launched in May 2013, so we only have month-to-month comparisons from May 2013 to December 2014. For every month, company turnover increased year-over-year when comparing 2014 to 2013. In 2014, we had $7,718,000 in turnover, compared to $2,949,471 in 2013, representing an increase of 261% year-over-year.
In 2014, we registered 9,336 new customers and processed and paid over 172,434 bets.
We remain in advanced discussions on financing on substantially better terms then some of the prior debt financing we entered into in 2013. We hope to update shareholders on this shortly, along with our JV discussions. Both these discussions are in the final stages now that we are current in our financial reporting. With these items in place, we believe we can substantially grow the business in 2015.
2014 was definitely a challenging year. We at SeanieMac are excited and determined to make 2015 a great year. I am extremely proud of our team and think our level of growth for a start-up has been exceptional.
Thank you for you continued support.
Shane O'Driscoll
http://ih.advfn.com/p.php?pid=nmona&article=65162265
BETS NEWS
Date : 01/14/2015 @ 8:30AM
Source : PR Newswire (US)
HUNTINGTON, NY, Jan. 14, 2015 /PRNewswire/ -- SeanieMac International, Ltd (OTCQB: BETS), announces it is has regained OTCQB status, after becoming current in its SEC filings with the filing of its 3rd quarter results on December 31, 2014. The CEO also provided the following update:
Dear Shareholders,
As promised in SeanieMac's previous shareholder update, the Company is now current in its financial reporting and has been reinstated on the OTCQB. I would like to update shareholders on our business, financing and corporate goals for 2015.
The most important thing we do every day is manage our business in Ireland. In spite of the challenges presented in 2014 by the delay of our audit, we were able to continue to manage our platform and add thousands of customers over the past few months.
On an unaudited basis, we had turnover revenue of $10,750,114 in 2014 versus $2,949,471 in 2013, representing an increase of 364%. SeanieMac generated a gross profit of $643,200 in 2014 versus $222,391 in 2013, representing an increase of 289%. We accomplished this without a marketing budget for most of the year.
SeanieMac launched in May 2013, so we only have month-to-month comparisons from May 2013 to December 2014. For every month, company turnover increased year-over-year when comparing 2014 to 2013. In 2014, we had $7,718,000 in turnover, compared to $2,949,471 in 2013, representing an increase of 261% year-over-year.
In 2014, we registered 9,336 new customers and processed and paid over 172,434 bets.
We remain in advanced discussions on financing on substantially better terms then some of the prior debt financing we entered into in 2013. We hope to update shareholders on this shortly, along with our JV discussions. Both these discussions are in the final stages now that we are current in our financial reporting. With these items in place, we believe we can substantially grow the business in 2015.
2014 was definitely a challenging year. We at SeanieMac are excited and determined to make 2015 a great year. I am extremely proud of our team and think our level of growth for a start-up has been exceptional.
Thank you for you continued support.
Shane O'Driscoll
http://ih.advfn.com/p.php?pid=nmona&article=65162265
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