$BYOC(.0006) legit co. Revenue increased 216%
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Posted On: 07/01/2020 3:00:00 PM
$BYOC(.0006) legit co. Revenue increased 216%
Beyond Commerce Reports First Quarter 2020 Results
Press Release | 05/15/2020
Refined Strategy with Complementary and Accretive Opportunities Around Service 800
LAS VEGAS, NV / ACCESSWIRE / May 15, 2020 / Beyond Commerce, Inc. (OTC PINK:BYOC) (the "Company"
, a provider of B2B internet marketing analytics, technologies and services, today announced the company's financial results for its first quarter ended March 31, 2020. Beyond Commerce entered into a Settlement and Release Agreement and unwound its acquisition of PathUX effective April 1, 2019, with all assets and liabilities returned to its former shareholders without any further recourse to the Company. Of note, Beyond Commerce closed its acquisition of Service 800 on March 4, 2019
Key Financial Highlights for Q1 2020:
Revenues increased by 216% to $1.47 million
Gross margin of 56%
Net loss decreased by 89% to $0.4 million
Total assets of $8.7 million
Total shareholders' deficit of $3.2 million, a significant improvement from $15.8 million deficit at the end Q2 2019
Key Business Highlights for Q1 2020:
Closed acquisition of Customer Centered Strategies
Identified and improved operating efficiencies with Service 800
Beyond Commerce Reports First Quarter 2020 Results
Press Release | 05/15/2020
Refined Strategy with Complementary and Accretive Opportunities Around Service 800
LAS VEGAS, NV / ACCESSWIRE / May 15, 2020 / Beyond Commerce, Inc. (OTC PINK:BYOC) (the "Company"
, a provider of B2B internet marketing analytics, technologies and services, today announced the company's financial results for its first quarter ended March 31, 2020. Beyond Commerce entered into a Settlement and Release Agreement and unwound its acquisition of PathUX effective April 1, 2019, with all assets and liabilities returned to its former shareholders without any further recourse to the Company. Of note, Beyond Commerce closed its acquisition of Service 800 on March 4, 2019 Key Financial Highlights for Q1 2020:
Revenues increased by 216% to $1.47 million
Gross margin of 56%
Net loss decreased by 89% to $0.4 million
Total assets of $8.7 million
Total shareholders' deficit of $3.2 million, a significant improvement from $15.8 million deficit at the end Q2 2019
Key Business Highlights for Q1 2020:
Closed acquisition of Customer Centered Strategies
Identified and improved operating efficiencies with Service 800
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