Thursday, March 24, 2016 12:06:04 PM
The Cash on hand is up 274% with the total assets increased by 281% because of the increase in accounts receivable of 346%.
As one would expect this has increased stockholders equity and the liabilities increase was only 6% while the Equity increased a great amount of 281%.
281% increased in our Equity is what we the shareholders, love to see in any company we invest with. This is an earmark of a great Management team respecting the shareholders investment.
These great numbers were all achievable because of the merger and they did great in keeping the profit off the revenues. as I will show below.
REVENUES INCREASED FROM $ 2,171,602 IN 2015 FOR SIX MONTHS FROM $ 289,547 IN 2014.
THE INCREASE IS 749% FOR YEAR OVER YEAR WITH THE CASH INCREASE OF 1,882,055.
THE TOTAL EXPENSES WERE $2,000,536 IN 2015 COMPARED TO $233,365 IN 2014.
THIS ALLOWED A PROFIT AFTER TOTAL EXPENSES TO INCREASE FROM $ 56,182 IN 2014 TO NET EARNINGS $ 171,066 directly to the company and shareholders Equity.
SANUWAVE Announces Reverse Stock Split, Note and Warrant Exchange, and PIPE Offering • SNWV • Oct 18, 2024 9:31 AM
Vocodia Addresses Recent Stock Price Movement and Future Strategic Partnerships • VHAI • Oct 18, 2024 9:00 AM
Mass Megawatts Announces the Start of an Online Discount Solar Energy Equipment Business with Revenue Recognized for the First Time Since Year 2010 in this Fiscal Quarter • MMMW • Oct 18, 2024 7:32 AM
Unitronix Corp Advances DeFi Innovation with Tokenized Real-World Assets Integration • UTRX • Oct 17, 2024 7:38 AM
Mass Megawatts Commences Solar Energy Sales Efforts • MMMW • Oct 16, 2024 7:45 AM
SANUWAVE Health Announces 1-For-375 Reverse Stock Split • SNWV • Oct 16, 2024 7:40 AM