GTXO The company has international distributors
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Posted On: 01/25/2021 12:02:00 PM
GTXO
The company has international distributors servicing customers in over 35 countries and is a US Military Government contractor.
GTX Corp has delivered hundreds of thousands of PPE items to a wide range of entities such as essential businesses, assisted living facilities, pharmacies, Fortune 1,000 companies, hospitals, police departments, nonprofits, and local, state and federal government agencies.
Other customers include public health authorities and municipalities, emergency and police authorities, private companies, public and private senior care homes, and consumers.
Most widely known for its patented GPS SmartSole and Smartphone GPS Tracking App, GTX also owns and licenses a large portfolio of patents in the GPS and wearable technology space, is a U.S. military contractor, has several other consumer products available on its online store and Amazon and most recently soft launched its NFC Veritap solution.
* Showed Net Profit.
* Product Sales increased 54% over 2019 comparable period.
* Cash on Hand increased 198% over 2019 comparable period.
* Net Loss decreased 101% from 2019 comparable period.
* Current Debt & Liabilities reduced by $595K over 2019 comparable period.
* Did not take on any new debt.
Nine Month Financial Highlights
* GTX showed a net profit for Q1, Q2 and Q3 of 2020.
* Product Sales increased 151% over 2019 comparable period.
* Total Operating Expenses decreased 24% from 2019: Wages & Benefits decreased 7% over 2019 comparable period.Professional Fees decreased 48% from 2019 comparable period.G&A decreased 30% from 2019 comparable period.
* Loss from Operations decreased 631% from 2019 comparable period.
* Other Income/(Expense) decreased 177% from 2019 comparable period
* Net Loss decreased 108% from 2019 comparable period.
The company has international distributors servicing customers in over 35 countries and is a US Military Government contractor.
GTX Corp has delivered hundreds of thousands of PPE items to a wide range of entities such as essential businesses, assisted living facilities, pharmacies, Fortune 1,000 companies, hospitals, police departments, nonprofits, and local, state and federal government agencies.
Other customers include public health authorities and municipalities, emergency and police authorities, private companies, public and private senior care homes, and consumers.
Most widely known for its patented GPS SmartSole and Smartphone GPS Tracking App, GTX also owns and licenses a large portfolio of patents in the GPS and wearable technology space, is a U.S. military contractor, has several other consumer products available on its online store and Amazon and most recently soft launched its NFC Veritap solution.
* Showed Net Profit.
* Product Sales increased 54% over 2019 comparable period.
* Cash on Hand increased 198% over 2019 comparable period.
* Net Loss decreased 101% from 2019 comparable period.
* Current Debt & Liabilities reduced by $595K over 2019 comparable period.
* Did not take on any new debt.
Nine Month Financial Highlights
* GTX showed a net profit for Q1, Q2 and Q3 of 2020.
* Product Sales increased 151% over 2019 comparable period.
* Total Operating Expenses decreased 24% from 2019: Wages & Benefits decreased 7% over 2019 comparable period.Professional Fees decreased 48% from 2019 comparable period.G&A decreased 30% from 2019 comparable period.
* Loss from Operations decreased 631% from 2019 comparable period.
* Other Income/(Expense) decreased 177% from 2019 comparable period
* Net Loss decreased 108% from 2019 comparable period.
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