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Wednesday, January 29, 2014 3:44:44 PM
Keep in mind, at the bottom of this post, projections are to exceed revenue and net income for all of their record 2013 numbers in the first quarter!!! Also note they have over 3 million in assets. This helps define the value of the company.
During the Year ended November 30, 2013, TheDirectory.com, Inc. generated total sales of $780,163 versus prior year sales of $506,026 resulting in year over year top-line growth rate of 54%. During 2013 the Company posted net income of $109,153 versus 2012 profits of $6,776 for a gain of over 1,600%. On the balance sheet, assets grew from $396,200 in 2012 to $3,335,086 at the end of 2013 for a gain of 840%. The Company will file its audited results in the form 10 to become fully reporting with the Securities and Exchange Commission in January.
The Company is projecting 2014 Q1 revenue in the range of $800,000 to $900,000 with Q1 net income in the range of $200,000 to $300,000. For the full year the Company is projecting revenue of between $4.5 and $6 Million with net income in the $1.1 to $1.6 Million range
This would mean SG forecasts SEEK revenue to increase from its record amount in 2013 another 576% (4.5mm) and Net income from its record amount in 2013 another 1,000% (1.1mm)
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