The Company’s revenues for the three months ended March 31, 2010 and 2009 were earned in the following geographic areas:
2010 / 2009
The People’s Republic of China $ 7,505,237 / 3,349,050
Germany 5,773,464 / 6,714,002
United Kingdom 3,709,221 / 3,273,036
France 3,191,889 / 948,490
Europe-Other 1,111,431 / 301,930
Japan 2,776,857 / 4,689,704
United States 2,071,447 / 1,231,610
Total 26,139,546 / 20,507,822
Revenue increases for the first quarter of 2010 versus the first quarter of 2009 does show an improvement. It seems the world may be slowly coming back from recession. Most notable is the improvement in China.
This is only revenue numbers from one small company in one industry, but it is interesting to see the improvement or lack of improvement in different countries around the world. In this incredibly small sample of data, China seems to be leading the way back to economic recovery.