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Spcb .21 SuperCom Reports Record Profit and 400% YoY EBITDA Growth for the First Quarter 2024

Source: PR Newswire (US)
Revenue of $6.9 million; Net Income of $0.8 million; EBITDA of $2 million

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[AveragePenny]

$CBDW 1606 Corp. Reports Great Success on IR Chat Sales Push and Shows Increased Revenue Last Quarter


https://www.accesswire.com/865756/1606-corp-reports-great-success-on-ir-chat-sales-push-and-shows-increased-revenue-last-quarter

SEATTLE, WA / ACCESSWIRE / May 21, 2024 / 1606 Corp. (OTC PINK:CBDW) (the "Company," "1606," or "CBDW"), a leader in innovative AI chatbot solutions, is pleased to provide an update on our recent sales push for IR Chat and the latest Company filings. We are thrilled to announce several significant milestones that mark our continued growth and success in the industry.

Key Highlights:

Partnership with ISO Company:

We have successfully partnered with an Independent Sales Organization (ISO) to enhance our client acquisition efforts. This strategic alliance will enable us to expand our reach and bring our cutting-edge IR Chat solutions to a broader audience. The ISO's established network of over 50 clients and decades of expertise in sales will allow us to tap into new sales channels, accelerating our growth trajectory. This partnership is expected to significantly boost our client base and drive higher sales volumes in the coming months. The Company has already been introduced to multiple companies to use the bot for their public company websites.

First IR Chat Bot Client:

We are excited to announce that we have signed our first IR chatbot bot client, marking a significant achievement for our team. This client, a well-known player in the Solar industry, Singlepoint (CBOE: SING), will be utilizing our IR Chat technology to enhance their customer service and engagement strategies. The deployment of our chatbot will streamline their communication processes, improve customer satisfaction, and reduce operational costs. This success story is a testament to the versatility and effectiveness of our chatbot solutions, and we anticipate this will pave the way for more clients to adopt our technology.

Strong Financial Performance:

Our first-quarter financial results demonstrate an increase in revenue compared to last year's 1st quarter, driven by new client acquisitions and higher demand for our products and services. This growth is a testament to the effectiveness of our sales strategies and the strong demand for our innovative solutions. Our financial stability and consistent growth enable us to reinvest in research and development, ensuring that we continue to offer state-of-the-art technology to our clients.

CEO's Statement:

"Our team is incredibly excited about the future of the Company. The partnerships we have formed and the clients we have onboarded are just the beginning. We are committed to continuing this momentum. We believe that our innovative solutions with IR Chat will revolutionize the way businesses interact with their customers," said Greg Lambrecht, CEO of 1606 Corp.

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[AveragePenny]

$INTV Integrated Ventures Delivers 376% Q2-to-Q1 Growth With Revenues Of $1,728,108 vs $1,059,064

https://www.integratedventuresinc.com/single-post/integrated-ventures-delivers-376-q2-to-q1-growth-with-revenues-of-1-728-108-vs-1-059-064

Philadelphia, PA – February 8, 2024 /PRNewswire/ -- Integrated Ventures Inc. (OTCQB: INTV), (“Company”) is pleased to confirm filing of Q2/2024 Report, scheduled to be filed after market close, on 02/09/2024, for financial period, ending on December 31, 2023

Financial Highlights (*) are as follow:


Total Revenues: For the Q2/2024, the Company had generated the revenues of $1,728,108.00 vs $1,059,064.00 for Q1/2024.
Gross Loss/Profit: Excluding Equipment Depreciation Expense, the Company's mining operations produced gross profit of $556,358.00 vs accounting based loss of $189,362.00.
Net Income Loss/Profit: Excluding Equipment Depreciation Expense, the Company's mining operations produced net income profit of $391,381.00 vs accounting based loss of $354,340.00.
Total Assets: As of December 31, 2023, the Company reported the total assets, in the amount of $5,445,348.00.
Total Current Liabilities: As of December 31, 2023, the Company reported the total liabilities (non-cash), in the amount of $3,026,042.00 (Q2/2024) vs $2,975,452.00 (Q1/2024).
Total Liquid Assets (Cash+ Digital Securities): The ending balance was $816,316.00 (Q2/2024) vs $705,423.00 (Q1/2024).
Net Loss Per Share: the Company's net loss per common share reported was (0.00) cents (Q2/2024) vs (0.01) (Q1/2024).

* Operational Highlights:

(1) # of miners online: 2,500+

(2) mining gross margins: 35-40%,

(3) network difficulty: 75+

(4) BTC pricing: $44,000.00+ (as of 02/07/2024).

(5) annual mining revenues are projected to be in $7.5-8 million range.

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[JusDePomme]

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[JusDePomme]

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[Zardiw]

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$BANT accumulation around the $0.01 area. $4.1M Dod contract, profitable manufacturing facility acquisition and more: https://finance.yahoo.com/quote/bant

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