NetworkNewsBreaks – LiveWire Ergogenics Inc. (LV
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Posted On: 12/20/2019 6:08:22 PM
NetworkNewsBreaks – LiveWire Ergogenics Inc. (LVVV) Achieves 935% YoY Revenue Increase in Q3 2019
LiveWire Ergogenics (OTC: LVVV) recently reported considerable net income increases during Q3 2019, including impressive year-over-year (“YoY”) revenue growth. An article discussing the results reads, “These figures, along with its emphasis on both producing and distributing world-class cannabis throughout the state of California, illuminate the company’s unique positioning in the ever-evolving cannabis industry. . . . In its report, the company noted a 935% boom in revenues, reaching $184,200 for Q3 2019 from $17,790 the same period the prior year (http://nnw.fm/K1uBh). For the 2019 quarter — the three months ended September 30 — LVVV showed a net income of $94,749 compared to a loss of $1,717,712 reported for the comparable period in 2018. Additionally, the company reported a gross profit of $177,240 in the 2019 quarter compared to a loss of $27,119 for the same period in 2018. The company has also improved its balance sheet, showing current assets of $3,081,048 and exceeding current liabilities by $539,570 as of September 30, 2019.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
LiveWire Ergogenics (OTC: LVVV) recently reported considerable net income increases during Q3 2019, including impressive year-over-year (“YoY”) revenue growth. An article discussing the results reads, “These figures, along with its emphasis on both producing and distributing world-class cannabis throughout the state of California, illuminate the company’s unique positioning in the ever-evolving cannabis industry. . . . In its report, the company noted a 935% boom in revenues, reaching $184,200 for Q3 2019 from $17,790 the same period the prior year (http://nnw.fm/K1uBh). For the 2019 quarter — the three months ended September 30 — LVVV showed a net income of $94,749 compared to a loss of $1,717,712 reported for the comparable period in 2018. Additionally, the company reported a gross profit of $177,240 in the 2019 quarter compared to a loss of $27,119 for the same period in 2018. The company has also improved its balance sheet, showing current assets of $3,081,048 and exceeding current liabilities by $539,570 as of September 30, 2019.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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