Latest Anchor Funding Services Inc. (AFNG) Headlin
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Posted On: 03/08/2014 5:21:01 PM
Latest Anchor Funding Services Inc. (AFNG) Headlines
Anchor Funding Services, Inc. reports net income of $52,916 for the first quarter of 2013 as compared to $36,769 for the comparable period of the prior year.
PR Newswire - Tue May 14, 3:30PM CDT
Anchor Funding Services, Inc. (OTC Bulletin Board Symbol "AFNG.OB") announced today its results of operations for the quarter ended March 31, 2013. Anchor reported 2013 first quarter finance revenues increased to $602,607 from $542,496 for the comparable period of the prior year, an increase of 11.1%. The change in revenue was primarily due to an increase in business from existing clients and adding new clients. Our net income for the first quarter of fiscal 2013 increased to $52,916, as compared to $36,769 for the comparable period of the prior year, an increase of 43.9%. The improved operations for the first quarter of 2013 were accomplished through increased sales of 11.1%, which offset a 7.7% increase in additional operating expenses associated with the Company's opening of a sales office in Medley, Florida.
Anchor Funding Services, Inc. reports net income of $378,859 for calendar 2012 as compared to $275,225 for 2011
PR Newswire - Wed Mar 27, 3:30PM CDT
Anchor Funding Services, Inc. (OTC Bulletin Board Symbol "AFNG.OB") announced today its results of operations for the year ended December 31, 2012. Anchor reported 2012 finance revenues increased to $2,526,626 from $2,404,542 for 2011, an increase of 5.1%. The change in revenue was primarily due to an increase in business from existing clients and adding new clients. Our net income for 2012 increased to $378,859, as compared to $275,225 for 2011, an increase of 37.7%. The improved operations for 2012 were accomplished through increased sales of 5.1% and a decrease in interest expense of 9.2%, partially offset by a 2.5% increase in operating expenses.
Anchor Funding Services, Inc. reports net income of $52,916 for the first quarter of 2013 as compared to $36,769 for the comparable period of the prior year.
PR Newswire - Tue May 14, 3:30PM CDT
Anchor Funding Services, Inc. (OTC Bulletin Board Symbol "AFNG.OB") announced today its results of operations for the quarter ended March 31, 2013. Anchor reported 2013 first quarter finance revenues increased to $602,607 from $542,496 for the comparable period of the prior year, an increase of 11.1%. The change in revenue was primarily due to an increase in business from existing clients and adding new clients. Our net income for the first quarter of fiscal 2013 increased to $52,916, as compared to $36,769 for the comparable period of the prior year, an increase of 43.9%. The improved operations for the first quarter of 2013 were accomplished through increased sales of 11.1%, which offset a 7.7% increase in additional operating expenses associated with the Company's opening of a sales office in Medley, Florida.
Anchor Funding Services, Inc. reports net income of $378,859 for calendar 2012 as compared to $275,225 for 2011
PR Newswire - Wed Mar 27, 3:30PM CDT
Anchor Funding Services, Inc. (OTC Bulletin Board Symbol "AFNG.OB") announced today its results of operations for the year ended December 31, 2012. Anchor reported 2012 finance revenues increased to $2,526,626 from $2,404,542 for 2011, an increase of 5.1%. The change in revenue was primarily due to an increase in business from existing clients and adding new clients. Our net income for 2012 increased to $378,859, as compared to $275,225 for 2011, an increase of 37.7%. The improved operations for 2012 were accomplished through increased sales of 5.1% and a decrease in interest expense of 9.2%, partially offset by a 2.5% increase in operating expenses.
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