OTC DISCLOSURE & NEWS SERVICE
SPO Networks, Inc. (SPOI) Timely Files First Quarterly Report On OTCMarkets; Shows Pretax Income From Operations Of $1.48 Million+ During First Quarter 2022
Press Release | 05/26/2022
The Pretax Income Through Three Months Ended March 31, 2022, Was $1.48+ Million
FARMINGTON, AR / ACCESSWIRE / May 26, 2022 / SPO Networks, Inc. (OTC:SPOI) ("SPOI" or the "Company"), a publicly-traded company that is actively exploring potential acquisitions and opportunities in diversified industries, including an established revenue generating waste/recycling subsidiary plus a newly launched medical and recreational cannabis and genetic seed operations entity with the expectation of rapid expansion in the cannabis industry utilizing a proprietary vertical market from cultivation facilities, to wholesale and retail dispensaries, announced that it has timely filed its Quarterly Report for the First Quarter of 2022.
SPO Networks, Inc., Thursday, May 26, 2022, Press release picture
Tom Smith CEO of SPO Networks Inc. said: "Our filing shows that we are growing at increased pace, adding assets we and hope to continue substantial growth through next quarter and beyond. The Company is coming off a blockbuster Q1, where we showed a:
Pretax income of $1.487,672 million for the Three Months Ended March 31, 2022[1] Compared to $648,449 Three Months Ended March 31, 2021[2] showing over a doubling increase in revenue.
Net income of $179,180 for the Three Months Ended March 31, 2022
We have been adding assets and increasing revenues and we and hope to continue substantial growth through next quarter and beyond."
