Identa Corp (IDTA): If the recent Qly result is true!, then...

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Monday, 09/13/2021 3:34:00 PM

Monday, September 13, 2021 3:34:00 PM

If the recent Qly result is true!, then it is a Profit making co?, can't believe they are profitable?... but numbers published by them say so!!!!..

Highlights of the Second Quarter of 2021 compared to the Second Quarter of 2020:

Revenues for the second quarter of 2021 were $387,042 compared to revenues of $495,666 in the second quarter of 2020. This is a 22% decrease in sales.
Gross profit increase to $286,129 in the second quarter of 2021 compared to gross profit of $242,526 in the second quarter of 2020. This is a 18% increase.
Operating profit increased to $119,992 in the second quarter of 2021 compared to $101,595 in the second quarter of 2020. This is a 19% increase.
Net profit for the second quarter of 2021 was to $112,772 compared to net profit of $96,424 in the second quarter of 2020. This is a 17% increase.
Cash and cash equivalents decrease to $400,704 for the second quarter of 2021 compared to $639,705 for the second quarter of 2020 as a result of giving credit to customers.