NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Fil
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Posted On: 04/15/2021 4:10:55 PM
NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Files 2020 Financial Performance Data
ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth and cryptocurrency mining, has announced that it completed the filing of its 2020 financial performance data. The filing showed continued top-line growth and strong cash growth along with an overall positive net profitability on sales, and strong growth in cash. Specifically, highlights of the report shows gross revenues of more than $1 million for Paradigm Home Health (“PHH”), which is a 69% increase over last year’s gross revenues of $627,498, along with PHH showing a two-year net profit average of 9.95%. Net cash for ISWH reached $86,000, an increase of 528%, and total assets for the company increased 276% from the year previously. The filing showed a number of operational highlights for the company as well, including an investment in cryptocurrency mining through ISWH’s Bit5ive LLC partnership. That partnership led to the design, assembly and installation of the company’s first POD5IVE mining pod. In addition, ISWH invested in telehealth technology through itsTeleCare subsidiary and established an anti-dilution initiative, resulting in reducing authorized and outstanding shares and convertible note liabilities. The company also established a stock option compensation plan and began the process to uplist onto OTCQB exchange tier. “While this data is important, it references a period that predates the commercial launch of our cryptocurrency mining and mining equipment segment, but we are still proud to have continued our strong trend of growth in telehealth and home healthcare, and that trend is evident in our 2020 performance data,” said ISW Holdings president and chair Alonzo Pierce in the press release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth and cryptocurrency mining, has announced that it completed the filing of its 2020 financial performance data. The filing showed continued top-line growth and strong cash growth along with an overall positive net profitability on sales, and strong growth in cash. Specifically, highlights of the report shows gross revenues of more than $1 million for Paradigm Home Health (“PHH”), which is a 69% increase over last year’s gross revenues of $627,498, along with PHH showing a two-year net profit average of 9.95%. Net cash for ISWH reached $86,000, an increase of 528%, and total assets for the company increased 276% from the year previously. The filing showed a number of operational highlights for the company as well, including an investment in cryptocurrency mining through ISWH’s Bit5ive LLC partnership. That partnership led to the design, assembly and installation of the company’s first POD5IVE mining pod. In addition, ISWH invested in telehealth technology through itsTeleCare subsidiary and established an anti-dilution initiative, resulting in reducing authorized and outstanding shares and convertible note liabilities. The company also established a stock option compensation plan and began the process to uplist onto OTCQB exchange tier. “While this data is important, it references a period that predates the commercial launch of our cryptocurrency mining and mining equipment segment, but we are still proud to have continued our strong trend of growth in telehealth and home healthcare, and that trend is evident in our 2020 performance data,” said ISW Holdings president and chair Alonzo Pierce in the press release.
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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