Revenue

GrowLife, Inc. Reports Increase in Quarter-Over-Quarter Revenue and Gross Margins in Q1 2020 Financial Results Filing

Friday, May 29, 2020 - 6:01pm

GrowLife reported a $400k sales order backlog, not included in revenue, to be shipped in the second quarter of 2020.

Key Points: 
  • GrowLife reported a $400k sales order backlog, not included in revenue, to be shipped in the second quarter of 2020.
  • GrowLife reduced operating expenses for the period ending March 31, 2020 by $772,000 when compared to the same period in 2019.
  • The Company reported growth in its revenue over the last quarter, reporting $1,661k for the period ending March 31, 2020, an increase of 12.8% quarter-over-quarter.
  • Net Revenue: For the period ending March 31, 2020, GrowLife showed net revenue of $1,661,000, as compared to revenue of $1,473,000 for the period ending December 31, 2019 an increase of 12.8%.

Alchip Technology Announces Record Q1 Earnings

Wednesday, May 27, 2020 - 11:06am

TAIPEI, Taiwan, May 27, 2020 /PRNewswire/ -- Alchip Technologies first quarter of 2020 achieved a record net income $5.79 million on record revenue of $50.49 million.

Key Points: 
  • TAIPEI, Taiwan, May 27, 2020 /PRNewswire/ -- Alchip Technologies first quarter of 2020 achieved a record net income $5.79 million on record revenue of $50.49 million.
  • Net earnings represent a 79% increase year-on-year over Q1 2019 net earnings of $3.23 million and a 25.2% increase quarter-on-quarter over Q4 2019 net earnings of $4.26 million.
  • Revenue represents a 39.3% increase year-on-year over Q1 2019 revenue of $36.23 million and a quarter-on-quarter increase of 7.4% over Q4 2019 revenue of $47 million.
  • Alchip is listed on the Taiwan Stock Exchange (TWSE: 3661) and is a TSMC-certified Value Chain Aggregator.

MMTEC, INC. Announces 2019 Year-End Financial Results

Friday, May 22, 2020 - 11:00pm

BEIJING, May 22, 2020 /PRNewswire/-- MMTEC, Inc. (NasdaqCM:MTC) ("MMTec" or the "Company") a China based technology company that provides access to the U.S. financial markets announced its financial results for the year ended December 31, 2019.

Key Points: 
  • BEIJING, May 22, 2020 /PRNewswire/-- MMTEC, Inc. (NasdaqCM:MTC) ("MMTec" or the "Company") a China based technology company that provides access to the U.S. financial markets announced its financial results for the year ended December 31, 2019.
  • Our revenue from investor relations management services was $86,788 for the year ended December 31, 2019.
  • Cost of Revenue.For the years ended December 31, 2019 and 2018, our cost of revenue was $90,890 and $16,308, respectively.
  • Gross Profit and Gross Margin.Our gross profit was $109,907 for the year ended December 31, 2019, representing gross margin of 54.7%.

Cellect Biotechnology Reports First Quarter 2020 Financial and Operating Results; Continues to Demonstrate Significant Progress Despite Adjusted Operations Due to COVID-19

Thursday, May 21, 2020 - 9:15pm

This collaboration is in the early phase and the results will be published following the conclusion of the preliminary studies.

Key Points: 
  • This collaboration is in the early phase and the results will be published following the conclusion of the preliminary studies.
  • Bolstered its balance through a registered direct offering of $3.0 million, before deducting fees and other estimated offering expenses.
  • "In addition to these clinical opportunities, we are making considerable progress elsewhere to advance our core capabilities and seeding potentially sizeable revenue opportunities."
  • Finance income for the first quarter of 2020 was $0.44 million, compared to finance expenses of $0.32 million in the fourth quarter of 2019.

HSMAI Introduces ROC@Home: A Day-Long Global Revenue Optimization Experience

Tuesday, May 19, 2020 - 12:00pm

"ROC@Home is the first experience of its kind," said Robert A. Gilbert, CHME, CHBA, president and CEO of HSMAI.

Key Points: 
  • "ROC@Home is the first experience of its kind," said Robert A. Gilbert, CHME, CHBA, president and CEO of HSMAI.
  • "At a time when revenue management teams need to think outside the box, resources like HSMAI can plant the seeds of thought that lead to great success stories.
  • HSMAI is a global organization of sales, marketing, and revenue optimization professionals representing all segments of the hospitality industry.
  • Operating as a leading voice for both hospitality and for the sales, marketing, and revenue optimization disciplines, HSMAI connects its members with customers.

Monaker Hires Randy Laser as VP, Products and Revenue Management

Monday, May 18, 2020 - 2:00pm

WESTON, FL, May 18, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE Monaker Group, Inc. (NASDAQ: MKGI), a technology leader in the travel and vacation rental markets, today announced it has hired travel industry veteran Randy Laser to the new position of Monaker Group VP, Products and Revenue Management.

Key Points: 
  • WESTON, FL, May 18, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE Monaker Group, Inc. (NASDAQ: MKGI), a technology leader in the travel and vacation rental markets, today announced it has hired travel industry veteran Randy Laser to the new position of Monaker Group VP, Products and Revenue Management.
  • Having Randy lead our efforts to create innovative solutions that increase occupancy rates and margins will help differentiate the Monaker Group portfolio of products, while also accelerating our growth.
  • Randy Laser has over 20 years of commercial experience in the travel industry including start-ups, mergers, and acquisitions.
  • Laser was a key revenue leader at several major airlines and hotels for strategic and innovative decision-making using revenue management systems, business intelligence tools, and building teams to optimize and enhance revenue.

Zhonghua Gas Holdings Limited Announces First Quarter Results for the Three Months Ended 31 March 2020

Wednesday, May 13, 2020 - 1:36am

HONG KONG, May 13, 2020 - (ACN Newswire) - Zhonghua Gas Holdings Limited (the "Company"; Stock Code: 8246) together with its subsidiaries (collective namely the "Group") today announces that the first quarter results for the three months ended 31 March 2020 ("the Current Period").

Key Points: 
  • HONG KONG, May 13, 2020 - (ACN Newswire) - Zhonghua Gas Holdings Limited (the "Company"; Stock Code: 8246) together with its subsidiaries (collective namely the "Group") today announces that the first quarter results for the three months ended 31 March 2020 ("the Current Period").
  • During the period, the Group's business has been seriously impacted by the Novel Coronavirus Disease ("COVID-19").
  • The total revenue from continuing operations recorded was reduced to HKD75.10 million, representing a 29.5% decrease in revenue year-on-year, from HKD113.6 million.
  • The gross profit ratio and net profit after tax dropped by 22.2% and 72.5% respectively comparing with those of the Previous Period.

PURA Announces 121% Annual Revenue Growth to $2.7 Million

Friday, May 15, 2020 - 2:05pm

The company realized 121% annual revenue growth reporting over $2.7 million for the year ended December 31, 2019 compared to $1.2 million for the year ended December 31, 2020.

Key Points: 
  • The company realized 121% annual revenue growth reporting over $2.7 million for the year ended December 31, 2019 compared to $1.2 million for the year ended December 31, 2020.
  • In addition to achieving continued high revenue growth, the company reported over $200,0000 in net profit.
  • PURA has sustained high revenue growth since introducing its EVERx CBD Sports Water early in 2018.
  • Management anticipates sustained growth in 2021 and plans to soon report the company's first quarter results for 2020.

LiveXLive To Launch Pay-Per-View Live Stream Music Events, Virtual Tours And Digital Ticketing To Drive New Revenue-share Model For Artists

Thursday, May 14, 2020 - 1:15pm

LiveXLive's Pay-Per-View (PPV) initiative will drive a new revenue-sharing model for both artists and LiveXLive via digital ticket sales, fan tipping, digital meet and greets, merchandise sales and sponsorship, enabling artists to go direct-to-consumer using LiveXLive's PPV platform.

Key Points: 
  • LiveXLive's Pay-Per-View (PPV) initiative will drive a new revenue-sharing model for both artists and LiveXLive via digital ticket sales, fan tipping, digital meet and greets, merchandise sales and sponsorship, enabling artists to go direct-to-consumer using LiveXLive's PPV platform.
  • Digital event ticketing for single, multi-day and virtual tours further diversifies LiveXLive's revenue model, adding to current advertising and subscription monetization.
  • We're excited to be among the first-movers in pay-per-view live stream music events where we see significant revenue potential for both artists and our business."
  • LiveXLive operates a live events business and offers branded entertainment, content development, advertising, merchandising, and live streaming services.

DGAP-News: Scout24 demonstrates growth and resilience in Q1 2020

Thursday, May 14, 2020 - 7:02am

"The first quarter of 2020 has again demonstrated the momentum and scalability of our growth strategy.

Key Points: 
  • "The first quarter of 2020 has again demonstrated the momentum and scalability of our growth strategy.
  • The cash and cash equivalents from continuing operations of the Scout24 Group increased to EUR 2,332.3 million as of 31 March 2020 (31 December 2019: EUR 65.6 million).
  • The strongest growth driver in the ImmoScout24 segment was the Residential Real Estate business with a year-on-year revenue growth rate of 7.1%.
  • This development was mainly due to strong growth in revenues with project developers and with business real estate core customers.