Orie Rechtman, CEO of Crednology Holding Corp. commented: “Although the year started slowly, business has improved significantly since the beginning of April, with a 60% increase in the E-Waste division’s revenues. We anticipate exceeding last year’s Revenues and EBITDA for the full year.
Take a look at the first Q ending March 31. They had a rev of $255k with $110k in profits. That means the 3 months ending on Jun 30 they made $291k in rev with $200k in profits. That is a great increase Q over Q. If that same increase holds true for our next Q we are looking at $350+k in revenue with $250+k in profits. We will see, but I'm pretty happy with the direction this company is headed.
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