MRNJ Announces Record 2014 Q1 Results
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Posted On: 05/20/2014 11:35:20 AM
MRNJ Announces Record 2014 Q1 Results
METATRON, Inc., and its mobile app division i-Mobilize, a top digital media developer and distributor with a focus on developing content for release in digital form that can enable personal transformation, announces its operating results for its 1st quarter 2014, ending March 31, 2014.
2014 Q1 Revenue was $188,397, a 1.87% increase from 2013 Q1 Revenue which was $184,930, and a 6.28% sequential increase from the recent 2013 Q4 Revenue, which was $177,256.
2014 Q1 Net Income was $46,054 an approximate 290% increase from 2013 Q1 Net Income which was $11,806. This was also new record high for quarterly net income.
Total Expenses for the first three months of 2014 were $142,343, a 17.9% decrease from $173,125, the Total Expenses for the same time period last year.
Metatron’s complete 2014 1st Quarterly report has been published can be found on the OTC Markets Website
Highlights of the 1st Quarter:
The company’s progress continued in the first quarter of 2014 as post-holiday sales combined with two brand new Glenn Harrold Apps were a key driver for sales. Other key milestones in the quarter:
• Launched of relaxandsleepwell.com, an information hub for the company’s flagship App, Relax & Sleep Well by Glenn Harrold: A Relaxation Self-Hypnosis Meditation. The company’s top selling app has reached the #1 grossing rank in the Lifestyle category on iTunes in 53 countries to date and been downloaded over 3 million times.
• Released new Spiritual Weight Loss and Pain Control app tracks by Glenn Harrold.
• Realized a 50% increase in the number of individuals who signed up to receive company News or Blog alerts.
• Recorded 6.9 million Ad Impressions in Q1 2014, representing a 28% increase YOY, marking the highest quarterly total in company history.
Business Outlook
The company was hard at work in the quarter working on high impact social media and entertainment/video apps, while also developing new Mega-Apps for popular hypnotherapist Glenn Harrold and others. All are projected for release in calendar 2014. In May 2014, company announced agreement on a 1 million dollar investment agreement with Macallan Partners (pending SEC approval) that, if approved, will enable the company to release major projects faster and potentially accelerate the company’s growth rate.
METATRON, Inc., and its mobile app division i-Mobilize, a top digital media developer and distributor with a focus on developing content for release in digital form that can enable personal transformation, announces its operating results for its 1st quarter 2014, ending March 31, 2014.
2014 Q1 Revenue was $188,397, a 1.87% increase from 2013 Q1 Revenue which was $184,930, and a 6.28% sequential increase from the recent 2013 Q4 Revenue, which was $177,256.
2014 Q1 Net Income was $46,054 an approximate 290% increase from 2013 Q1 Net Income which was $11,806. This was also new record high for quarterly net income.
Total Expenses for the first three months of 2014 were $142,343, a 17.9% decrease from $173,125, the Total Expenses for the same time period last year.
Metatron’s complete 2014 1st Quarterly report has been published can be found on the OTC Markets Website
Highlights of the 1st Quarter:
The company’s progress continued in the first quarter of 2014 as post-holiday sales combined with two brand new Glenn Harrold Apps were a key driver for sales. Other key milestones in the quarter:
• Launched of relaxandsleepwell.com, an information hub for the company’s flagship App, Relax & Sleep Well by Glenn Harrold: A Relaxation Self-Hypnosis Meditation. The company’s top selling app has reached the #1 grossing rank in the Lifestyle category on iTunes in 53 countries to date and been downloaded over 3 million times.
• Released new Spiritual Weight Loss and Pain Control app tracks by Glenn Harrold.
• Realized a 50% increase in the number of individuals who signed up to receive company News or Blog alerts.
• Recorded 6.9 million Ad Impressions in Q1 2014, representing a 28% increase YOY, marking the highest quarterly total in company history.
Business Outlook
The company was hard at work in the quarter working on high impact social media and entertainment/video apps, while also developing new Mega-Apps for popular hypnotherapist Glenn Harrold and others. All are projected for release in calendar 2014. In May 2014, company announced agreement on a 1 million dollar investment agreement with Macallan Partners (pending SEC approval) that, if approved, will enable the company to release major projects faster and potentially accelerate the company’s growth rate.
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