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Wednesday, August 09, 2006 6:45:10 PM
Sales Income % Income
Mobot $219 ($619) -283%
Sponge $1,224 ($38) -3%
Gavitec $486 ($290) -60%
12snap $6,231 115 2%
BSD $5,274 247 5%
* BSD and 12snap are profitable
* Sponge is approximately break-even
* Gavitec while still losing money, had significantly improved profitability this quarter compared to the 1st quarter
* Mobot also lost less money this quarter compared to 1st quarter
* Neomedia results are not shown due to the complexity of showing their results minus the "paper" gain on derivative financial instruments. Excluding this "paper" gain, Neomedia corporate (including NMPR) has a high net loss.
The good news is the acquisition companies have improving financial results, and I believe they are well positioned to take full advantage of what the mobile marketing industry is looking for right now.
SS9173
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