Replies to post #2128224 on MOMO'S BREAKOUT BOARD

[AdamS007]

$AXXA - Major Swiss NEWS with Factual Book Value of .28 Coming...

Ok, so let's start by saying that we're waiting on the content from Moritz of our $AXXA Swiss Crew sometime in the next couple of days. We'll get the PR ready based on that. No intention to go slower but dealing with Swiss you must know everything is proper & on their Swiss time.

— Exxegroup (@exxegroup) September 18, 2020

Exxe Group Announces Record Results for Quarter Ending June 30, 2020
- 1Q21 revenue of $7.7M was essentially half of the revenue reported for all of last year
- The current annual revenue-run rate of $30.8M is double the total recorded sales of a year ago
- Sales for the period ending June 30, 2020 increased by over 530% from $1.2M in 2019
- Net income of $926,860 for the period compares with loss of ($736,379)
- Shareholder's equity increased to $122.7M, a 52% rise from $$80.3M last year
PR Newswire

NEW YORK, Sept. 16, 2020

NEW YORK, Sept. 16, 2020 /PRNewswire/ -- Exxe Group, Inc. (OTC PINK: AXXA), a diversified company focused on synergistic acquisitions in financial services, real estate, diversified technologies, and agribusiness, is pleased to announce its financial results for the first fiscal quarter ending June 30, 2020. Despite operating during the unprecedented COVID-19 pandemic AXXA generated gross revenues of $7,677,080. This is an increase of approximately 535% over the same period a year ago when top-line revenue was $1,206,616. This figure compares with $6.7 million recorded in the fourth quarter ended March 31, 2020, and is an impressive 15% sequential quarterly growth in one of the global economy's most difficult periods. Net income of $926,860 was substantially greater than the performance in the corresponding period a year ago when there was a loss of ($735,379).

Shareholder's equity rose over 52% to around $122.7 million, up from $80.3 million last year, and is a solid increase from the $116.2 million recorded just one quarter ago. Based on the shares outstanding at the end of the period, AXXA's book value per share was $0.28.