UA Multimedia Analyst Report Prepared by ARCE Rese
Post# of 371
PR Newswire
NEW YORK, April 1, 2015
NEW YORK, April 1, 2015 /PRNewswire/ -- UA Multimedia Inc. (OTCBB: UAMM) based out of Irvine, CA has just released its annual report for the year 2014. The highlights of this report are related to the improvement in key financial metrics that came as not a big surprise based on the quarterly reports previously released by the company. Net income increases 2,391% to $43,514, the company's revenue jumped 122% to $151,170 coming from activities related to its core business, whereas operating expenses increased 80% compared to 2013. The year-end report even shows a small reduction in the accumulated deficit in shareholders' equity going from $1.31 million in 2013 to $1,27 million by the end of 2014.
Along with the submission of the annual report, UA Multimedia has just started the theatrical release of the film Gentle in Vietnam. Now it is a matter of time to confirm if the expectations built around the good reviews in various film festivals will be reflected in the income generated not only by the screening but also from the DVD's sales.
UA Multimedia Inc. is a media company with holding in web, mobile applications, film production and distribution. The company specializes in developing online information and directory portals for various vertical markets and offer customized web design and development.
A report including analysis of UA Multimedia Inc. financials and market position can be viewed by clicking the link below. There is no cost obligation to view the analyst brief:
http://bit.ly/-UAMM--AnalystReport