Exxe Group Inc (AXXA)

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The
Performance Snapshot

AXXA generated $9,263,526 gross revenues in 3Q2021 surpassing the $8.2M record set in 2Q2021; a 13% sequential Quarter-over-Quarter growth. Compared to the same period last year, 3Q revenue increased 103% from $4,547,502. Net income for the period was $2,390,875 as compared to net income of $147,272 in 3Q2020, an increase of 1,523%.

AXXA's revenues for the first nine months of FY-2021 were $23,723,944 and grew 183% as compared to $8,373,694 in the same period last year.

Gross revenue per share for the first nine months of FY-21 was $0.048 as compared to $0.021 in the same period last year, an increase of 128%.

Total assets were $215,442,113 in 3Q2021 as compared to $180,216,920 in the same period last year, an increase of $35,225,193 or 19%.

Agribusiness was Exxe Group's single largest revenue contributor as commodity prices for corn, barley, and wheat prices rose during the Third Quarter. The Company also saw solid revenue increases in its e-commerce automotive segment in the German and Swiss markets.

Eduard Nazmiev, Ph.D., CEO, and President of Exxe Group commented: "Exxe Group is pleased to report record total gross revenues of $23.7M and gross revenue per share of $0.048 for the first three Quarters of FY-21. Based on continued strength in the markets in which we operate AXXA is raising its FY-21 annual revenue forecast by 6% from $30.8M to $32.7M."re is not a better stock than AXXA that i can find.