ValueSetters Announces Positive Operating Cash Flo
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(Total Views: 194)
Posted On: 03/15/2019 1:56:28 PM
ValueSetters Announces Positive Operating Cash Flow for First Half of Fiscal 2019
Highlights:
● Positive operating cash flow of $8,890
● 517% increase in revenues
● Operating loss reduction of 84%
● 83% reduction in interest expense
● Total debt reduction of $11,316
BOSTON , MA – December 17, 2018 – ValueSetters, Inc. (OTC:VSTR) announced positive
operating cash flow of $8,890 for the first half of fiscal 2019. “We were pleased to report
positive operating cash flow again this quarter, as a direct result of the growth in our consulting
business,” said Cecilia Lenk, CEO. “In addition, we were able to significantly reduce operating
losses and continued to make progress on deleveraging our balance sheet. Revenue growth was
significant, up more than 500% in the first half, and we are seeing a pickup in the number of
business referrals from existing clients. Our demonstrated success in fundraising for clients
through digital marketing has attracted significant interest and is driving an increase in our
pipeline. As a result, we remain optimistic about our future growth prospects.”
For additional disclosure regarding operating results, please refer to the Quarterly Report on
Form 10-Q for the period ended October 31, 2018, which has been filed with the Securities and
Exchange Commission.
About ValueSetters:
Led by a team of professional investors, digital marketing experts, and technology specialists,
ValueSetters is a publicly- traded boutique advisory firm with unique expertise in helping early
stage companies raise capital over the internet. The company also provides technology consulting
services as well as strategic advice to help companies grow and evolve to meet the challenges of
today's marketplace. For more information, visit our website at http://valuesetters.com.
Highlights:
● Positive operating cash flow of $8,890
● 517% increase in revenues
● Operating loss reduction of 84%
● 83% reduction in interest expense
● Total debt reduction of $11,316
BOSTON , MA – December 17, 2018 – ValueSetters, Inc. (OTC:VSTR) announced positive
operating cash flow of $8,890 for the first half of fiscal 2019. “We were pleased to report
positive operating cash flow again this quarter, as a direct result of the growth in our consulting
business,” said Cecilia Lenk, CEO. “In addition, we were able to significantly reduce operating
losses and continued to make progress on deleveraging our balance sheet. Revenue growth was
significant, up more than 500% in the first half, and we are seeing a pickup in the number of
business referrals from existing clients. Our demonstrated success in fundraising for clients
through digital marketing has attracted significant interest and is driving an increase in our
pipeline. As a result, we remain optimistic about our future growth prospects.”
For additional disclosure regarding operating results, please refer to the Quarterly Report on
Form 10-Q for the period ended October 31, 2018, which has been filed with the Securities and
Exchange Commission.
About ValueSetters:
Led by a team of professional investors, digital marketing experts, and technology specialists,
ValueSetters is a publicly- traded boutique advisory firm with unique expertise in helping early
stage companies raise capital over the internet. The company also provides technology consulting
services as well as strategic advice to help companies grow and evolve to meet the challenges of
today's marketplace. For more information, visit our website at http://valuesetters.com.
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1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
3️⃣I will not and cannot be held liable for any actions you take as a result of anything you read here.
4️⃣Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.
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