Monday, November 16, 2020 9:05:34 PM
Total Assets and Revenues Continue to Grow Year-on-Year with No Debt.
Revenues of $10.7 million for the three months ended September 30, 2020,
compared to $6.0 million for the prior year.
Net income for recent three-month period: $2.2 million, or $0.06 per share,
versus $55 thousand, or $0.00 per share, for the comparable prior year period.
Comments from COO David Neibert:
"Despite the negative effects of the COVID-19 pandemic on a global basis, our operating subsidiaries have found ways to adapt and continue to be in operation and profitable. As a diverse global holding company looking to expand our portfolio of subsidiaries, we were only slightly delayed in our acquisition of Printstock this quarter due to the pandemic, and we are continuing to pursue our corporate goal to build a profitable, diverse organization through organic growth, acquisitions and new ventures".
Comments from CEO Nicholas Gerber:
"To say this has been a strange year would be an understatement. To say our strategy of diversification has paid off would also be an understatement. When others have suffered undue hardship during the recent 6 months, we have smoothed the curve and prospered. For the remainder of this fiscal year we are looking forward to the addition of Printstock in New Zealand contributing revenues and profits as well as making good on our launch of a new fintech venture. The coming year will hopefully not be as strange as the last, but it promises to be as exciting."
https://seekingalpha.com/pr/18088158-concierge-technologies-reports-fiscal-first-quarter-financial-results
$CNCG
https://www.conciergetechnology.net/
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