During the 4th quarter 2015 Excc acquired U.S OPERATION OF CALPIAN, INC. Capital Inc, Capital Commerce.
Note: We did not acquire Money on-Mobile because is located in Indian. At the time EXCC close the acquired U.S OPERATION OF CALPIAN, INC. CALPIAN were trade at .85 cents.
Let look at Capian, Inc, and Capian Commerce 2015 revenues Net
Revenue 2016 for Capian, Inc, and Capian Commerce isn't included in EXCC third quarter 10-Q.
The combine both companies revenues should be reporter on EXCC 2016 annual 10-k
EXCC report another strong quarter solid earning growth, and with 25 million term loan facility, the company is well positioned to execute on new acquisition at anytime.
EXCC nine month revenues $12,731,311 Costs and Expensive $10,575,592 Operating income from continuing operations $2,155,719 Net income from continuing operations $1,238,301
Excc next quarter should be around $5 million plus and 2016 CALPIAN GROWTH around $25 plus. Therefore... to Summary Consolidated Financial Results.
CALPIAN $25 million Excel Corp. $18 million Combine Revenues $43 million
SUMMMRY FINANCIAL DATA:
CALPIAN expected with the continue growth revenue. Target 2016 $7 million net income Excel Corp. $2 million net income. Combine net income $9 million.
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