Exxe Group Inc (AXXA)

[wiseowal]

Wow! Revenue grew by a substantial 484% to $2,610,756 as compared with $448,021 for the same period last year. On a quarter-to-quarter basis, top-line rose by an impressive 117%, as compared with the June 2019 period. Operating income jumped by 31% to $245,921 versus $187,141 in the corresponding quarter in 2019. Net loss for the quarter was ($270,713), reflecting financing costs related to the series of acquisitions executed during the period. For the first six months of the fiscal year, Exxe Group recorded $3,826,192 in revenue and a net loss of ($1,007,092) versus $796,460 and net profit of $294, 830, for the same period last year, respectively.