Metatron/i-Mobilize (MRNJ) Reports Second Quarter
Post# of 153
Posted On: 08/19/2014 3:30:39 PM
Metatron/i-Mobilize (MRNJ) Reports Second Quarter 2014 Earnings-Profits Up Expenses Down
Metatron/i-Mobilize Reports Second Quarter 2014 Earnings
DOVER, DE- Metatron, Inc. (MRNJ)
METATRON, Inc., and its mobile app division i-Mobilize, a top digital media developer and distributor of transformative content for release in digital form, announces its operating results for its second quarter 2014, ending June 30, 2014.
2014 Q2 Revenue was $142,010 a 25.9% decrease from 2013 Q2 Revenue of $191,668.
2014 Q2 Net Income was $26,416 an approximate 108% increase from 2013 Q2 Net Income which was $12,695.
Total Expenses for the second quarter were $115,582, a 35% decrease from $178,973, the Total Expenses for the same time period last year.
Metatron’s complete 2014 2nd Quarterly report has been published and is located on the OTC website.
2nd Quarter:
In the quarter, the company, via its mobile subsidiary i-Mobilize, continued its development, release, of Apps for both the Apple iOS and Google Play platforms. The company released 20 Apps on the Google Play market from content created by Glenn Harrold and Christiane Kerr.
Lower revenues were somewhat due the movement of apps to different iTunes accounts and resulting delayed payments. This was done because of clients requests and Apple’s changing policies. Also primarily because its traditionally a slower app sales season overall, compared to first quarter, which has January as a powerhouse sales month.
Net income was increased primarily by lowering development costs and improving ad campaign efficiency.
We are also near the release date for our texting app code named “Blink”, which will allow users to send and receive private messages which are not saved and self-erase after a certain time-frame.
Business Outlook
The company is in the final stages of development of its first social media app, projected for submittal to Apple and public release over the next couple of months. Management’s 1 million dollar investment agreement with Macallan Partners is in the SEC review process and resolution on the funding agreement is expected in the near-term. Apple is poised to announce its next generation iPhone in September and on sale for consumers prior to the 2014 holidays and this has historically meant increased sales for Metatron’s apps. Management remains steadfast in their commitment towards long-term sustainable growth in company and shareholder value via the release of empowering, uplifting and evergreen content, and appreciates the continuing support of its loyal shareholders.
About Metatron, Inc
Metatron, Inc. is a corporate network of highly-related fast growing multi-sector businesses that transact through the Internet and mobile devices. We harness the power of technology to make people’s lives more productive and enjoyable in today’s connected world. Metatron companies operate in the hottest business sectors including online dating, credit card processing, next-gen relational database development, search engine advertising optimization, and mobile device applications.
Website: http://metatroninc.com/
Facebook: http://www.facebook.com/metatroninc
Facebook: http://www.facebook.com/iMobilize
News: http://metatroninc.wordpress.com
Twitter: http://twitter.com/metatroninc
See Metatroninc.com or official blog (http:/metatroninc.wordpress.com)
Metatron/i-Mobilize Reports Second Quarter 2014 Earnings
DOVER, DE- Metatron, Inc. (MRNJ)
METATRON, Inc., and its mobile app division i-Mobilize, a top digital media developer and distributor of transformative content for release in digital form, announces its operating results for its second quarter 2014, ending June 30, 2014.
2014 Q2 Revenue was $142,010 a 25.9% decrease from 2013 Q2 Revenue of $191,668.
2014 Q2 Net Income was $26,416 an approximate 108% increase from 2013 Q2 Net Income which was $12,695.
Total Expenses for the second quarter were $115,582, a 35% decrease from $178,973, the Total Expenses for the same time period last year.
Metatron’s complete 2014 2nd Quarterly report has been published and is located on the OTC website.
2nd Quarter:
In the quarter, the company, via its mobile subsidiary i-Mobilize, continued its development, release, of Apps for both the Apple iOS and Google Play platforms. The company released 20 Apps on the Google Play market from content created by Glenn Harrold and Christiane Kerr.
Lower revenues were somewhat due the movement of apps to different iTunes accounts and resulting delayed payments. This was done because of clients requests and Apple’s changing policies. Also primarily because its traditionally a slower app sales season overall, compared to first quarter, which has January as a powerhouse sales month.
Net income was increased primarily by lowering development costs and improving ad campaign efficiency.
We are also near the release date for our texting app code named “Blink”, which will allow users to send and receive private messages which are not saved and self-erase after a certain time-frame.
Business Outlook
The company is in the final stages of development of its first social media app, projected for submittal to Apple and public release over the next couple of months. Management’s 1 million dollar investment agreement with Macallan Partners is in the SEC review process and resolution on the funding agreement is expected in the near-term. Apple is poised to announce its next generation iPhone in September and on sale for consumers prior to the 2014 holidays and this has historically meant increased sales for Metatron’s apps. Management remains steadfast in their commitment towards long-term sustainable growth in company and shareholder value via the release of empowering, uplifting and evergreen content, and appreciates the continuing support of its loyal shareholders.
About Metatron, Inc
Metatron, Inc. is a corporate network of highly-related fast growing multi-sector businesses that transact through the Internet and mobile devices. We harness the power of technology to make people’s lives more productive and enjoyable in today’s connected world. Metatron companies operate in the hottest business sectors including online dating, credit card processing, next-gen relational database development, search engine advertising optimization, and mobile device applications.
Website: http://metatroninc.com/
Facebook: http://www.facebook.com/metatroninc
Facebook: http://www.facebook.com/iMobilize
News: http://metatroninc.wordpress.com
Twitter: http://twitter.com/metatroninc
See Metatroninc.com or official blog (http:/metatroninc.wordpress.com)
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