OM Holdings Intl Inc (OMHI)

[clydesur]

$OMHI
Company Remains profitable with a Net Income of $1.7M
Company Increases Net Income by 10% Earning Higher Margins
Company Expects OTCQX Uplisting to be Announced within Days
MIAMI , Dec. 06, 2021 (GLOBE NEWSWIRE) -- OM Holdings International Inc. (OTC Pink: OMHI) an owner and operator of OneMart super merchandising stores and Builders Depot in the British Virgin Islands and the parent of its technology subsidiary, Rydeum Caribbean, Inc. today announced its financial results for the fiscal year ended August 31,2021 .
Year End Results and Milestones (As compared to year-end August 31 , 2020):
Net income increased 10 percent to $1,710,179 , an increase of $155,138
Earnings per share remains unchanged at $0.04
Net margins increased due to higher food service and yacht provisioning sales
Total revenue increased 2.5 percent to $28,898,969 , an increase of $707,794
Three additional stores are now on track to be opened by June 30, 2022
DoGetGo Mobile App is scheduled to launch in Montego Bay, Jamaica this month
Company expects to be uplisted to the OTCQX Tier within days