OTC ADVISORS, LLC: Huge Alert On: (OTCBB:ASFG) - (OTCBB:CSGJ) - (OTCBB:DKAM)
The Company reported revenue of $5,550,000 for the three months ended March 31, 2010 as compared to $5,027,000 for the three months ended March 31, 2009 an increase of $523,000 or 10.5%. Operating loss was $211,000 for the three month ended March 31, 2010 as compared to income of $244,000 for March...
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| Published in: | M2 Presswire |
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| Format: | Newsletter |
| Language: | English |
| Published: |
Coventry
Normans Media Ltd
02.06.2010
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| Subjects: | |
| Online Access: | Get full text |
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| Summary: | The Company reported revenue of $5,550,000 for the three months ended March 31, 2010 as compared to $5,027,000 for the three months ended March 31, 2009 an increase of $523,000 or 10.5%. Operating loss was $211,000 for the three month ended March 31, 2010 as compared to income of $244,000 for March 31, 2009. Net loss before income taxes was $587,000 for the three months ended March 31, 2010 which included $62,000 of expenses from the Change in Fair Value of Derivative Liabilities, compared to a loss of $163,000 for the three months ended March 31, 2009. The Net loss was $719,000 and $315,000 for the three month periods ended March 31, 2010 and 2009 respectively. The Company reported revenue of $18,508,000 for the nine months ended March 31, 2010 as compared to $15,877,000 for the nine months ended March 31, 2009 an increase of $2,631,000 or 16.6%. Operating income was $644,000 for the nine month ended March 31, 2010 as compared to a loss of $61,000 for March 31, 2009. Net loss before income taxes was $98,000 for the nine months ended March 31, 2010 which included $253,000 of income from the Change in Fair Value of Derivative Liabilities, compared to a loss of $5,199,000 for the nine months ended March 31, 2009. The Net Loss was $876,000 and $5,664,000 for the nine month periods ended March 31, 2010 and 2009 respectively. The Company reported revenue of $1,568,000 and $3,982,000 from its US and UK operations, respectively, for the three month period ended March 31, 2010, compared to $1,769,000 and $3,257,000, respectively, during the same period in 2009. Revenue from the Company's UK operations was negatively impacted by the effect of a stronger US Dollar versus the British Pound relative to the same period a year ago. Revenue in GBP from UK operations increased from 1,988,000 GBP for the three months ended March 31, 2009 to 2,637,000 GBP for the three months ended March 31, 2010. |
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