Posted On: 03/31/2015 11:00:15 AM
Post# of 1040
Inergetics is providing certain preliminary unaudited results of operations that it expects to report for the full fiscal year ended December 31, 2014. The unaudited financial results provided in this release are prior to the completion of the annual audit by the company's external auditor and therefore are subject to change.
On a preliminary basis for the year ended December 31, 2014, the company expects:
Total revenue generated from the sales of Surgex®, Bikini Ready®, SlimTrim, OmEssentials® and Martha Stewart™ Essentials to be $ 1,991,688 , which reflects a more than 135% increase over the $847,834 of total revenue reported during the prior year ended December 31, 2013.
Gross profit to be $520,354, up 113% as compared to $244,830 in the prior year ended December 31, 2013.
"In 2014 we continued to deliver on our growth strategy by significantly increasing sales and distribution across our portfolio of innovative nutritional health products," said Mike James, CEO. " As we launch Nulief™ , the first in our new line of CBD-based nutritional supplements, we believe our expanding brand portfolio will generate increasingly positive feedback from increasing numbers of consumers and a growing range of retail outlets."
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On a preliminary basis for the year ended December 31, 2014, the company expects:
Total revenue generated from the sales of Surgex®, Bikini Ready®, SlimTrim, OmEssentials® and Martha Stewart™ Essentials to be $ 1,991,688 , which reflects a more than 135% increase over the $847,834 of total revenue reported during the prior year ended December 31, 2013.
Gross profit to be $520,354, up 113% as compared to $244,830 in the prior year ended December 31, 2013.
"In 2014 we continued to deliver on our growth strategy by significantly increasing sales and distribution across our portfolio of innovative nutritional health products," said Mike James, CEO. " As we launch Nulief™ , the first in our new line of CBD-based nutritional supplements, we believe our expanding brand portfolio will generate increasingly positive feedback from increasing numbers of consumers and a growing range of retail outlets."
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