Wednesday, September 02, 2020 2:47:28 PM
With MORE Surprises to come....why....well, very simply put...
https://www.otcmarkets.com/stock/AXXA/news/Exxe-Groups-Reports-Over-600-Increase-in-Annual-Revenue-and-111-in-Net-Income?id=272210
Quote:
- Revenue of $15.3 million for year ended March 31, 2020 versus $2.1 million a year ago
- Net income for the year was $3.6 million as compared with $1.7 million last year
- Shareholder's equity leaped to $116. 2 million, up from $37.8 million
Quote:
Shareholder's equity jumped by over 207% to $116.2 million, up from $37.8 million, aided by a large increase in assets from $65.3 million in the previous year to $192.8 million in assets as of March 2020. Based on the shares outstanding at the end of the period, book value per AXXA share was $0.29, a level many times greater than the stock's recent share price.
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