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nev_investor

11/30/19 9:53 AM

#102 RE: Serael #101

Financials for Q1 already out: sedar_filings

Summarized everything in the context of expectations. The next financials should be record-breaking with the current deals.

For the period ended September 30, 2019, the Company generated $464,347 in revenues (2018 - $466,462) of which $304,593 (2018 - $248,002) related to revenue generated by FlowWorks, $24,150 (2018 - $24,150) related to revenue generated by ETS, $135,604 (2018 - $189,000) related to revenue generated by Astra, and $nil (2018 - $10,587) generated from the provision of digital currency verification services. Revenue from FlowWorks is comprised of service fees from its web-based application used for data analysis in addition to set-up fees and custom programming service contracts. FlowWorks revenue is increasing with a steady stream of new customers signing on while Astra revenue has declined with the loss of a major customer in December of 2018 that has only recently been replaced.