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Posted On: 12/16/2019 12:51:59 PM
Post# of 103626
$VSTR Reports Second Quarter Net Profit, Positive Shareholders Equity, and Revenue Growth of 943%
BOSTON, MA, Dec. 16, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – ValueSetters, Inc. (OTC: VSTR)
Six Month Highlights:
Income Statement (vs. six months ended 10/31/18)
Net income of $566,926
Revenue increase of 420%
Gross profit margin of 99%, an increase of 7 points
Balance Sheet and Liquidity (vs. year-end balance sheet dated 4/30/19)
Cash balances up 63%
Investment balances up 101%
Positive shareholders equity of $638,699 vs. ($865,258) at year-end
Three Month Profit and Revenue Metrics:
Quarter Ended 10/31/19 vs. Quarter Ended 10/31/18:
Revenue increase of 943%
Gross profit margin of 100%, an increase of 12 points
Net income of $542,451
Sequential Results:
Revenue increase of 504%
Gross profit margin increase of 2 points
Net income increase of 2116%
https://www.otcmarkets.com/stock/VSTR/news/st...id=1497800
HOY .0165 a few month back. Now at .008s
Market Cap
6,645,454
12/13/2019
Authorized Shares
900,000,000
12/09/2019
Outstanding Shares
830,681,712
BOSTON, MA, Dec. 16, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – ValueSetters, Inc. (OTC: VSTR)
Six Month Highlights:
Income Statement (vs. six months ended 10/31/18)
Net income of $566,926
Revenue increase of 420%
Gross profit margin of 99%, an increase of 7 points
Balance Sheet and Liquidity (vs. year-end balance sheet dated 4/30/19)
Cash balances up 63%
Investment balances up 101%
Positive shareholders equity of $638,699 vs. ($865,258) at year-end
Three Month Profit and Revenue Metrics:
Quarter Ended 10/31/19 vs. Quarter Ended 10/31/18:
Revenue increase of 943%
Gross profit margin of 100%, an increase of 12 points
Net income of $542,451
Sequential Results:
Revenue increase of 504%
Gross profit margin increase of 2 points
Net income increase of 2116%
https://www.otcmarkets.com/stock/VSTR/news/st...id=1497800
HOY .0165 a few month back. Now at .008s
Market Cap
6,645,454
12/13/2019
Authorized Shares
900,000,000
12/09/2019
Outstanding Shares
830,681,712
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Anything I write is pure gibberish...perhaps thought provoking and fun...but investment advice??? I don't think so.
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