$ISWH ISW Holdings Inc. (ISWH) Reports Record Reve
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Posted On: 12/20/2021 12:54:59 PM
$ISWH ISW Holdings Inc. (ISWH) Reports Record Revenue, Forecasts $7M Per Month
https://www.globenewswire.com/news-release/20...Month.html
NEW YORK, Dec. 20, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- ISW Holdings Inc. (OTC: ISWH) today announces its placement in an editorial published by NetworkNewsWire ("NNW"
, one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.
To view the full publication and forward-looking statements, please visit: https://nnw.fm/YrdIL
Developments are translating to revenue and cash flow, resources that will underscore growth in 2022 and beyond with Pod City and other hosting and mining operations. During Q3, ISW Holdings Inc. (OTC: ISWH) reported revenue from operations of $1.075 million (including deferred revenues), up 2,435% on a year-over-year basis. That didn’t include a full three months of 550 new miners acquired from Minerset, 150 of which came as a result of ISWH meeting stock performance milestones. Total assets during Q3 increased 5,263% year to date to $9.56 million, while total liabilities decreased 73%, and total derivative liabilities decreased 98% to under $340,000. ...
Looking ahead, revenue at Pod City will be comprised of hosting service fees, which aren’t contingent upon cryptocurrency pricing. Once running at full capacity, the company estimates annual revenue in excess of $7 million per month, a tremendous improvement compared to current capacity with the benefit of being recurring under service contracts.
https://www.globenewswire.com/news-release/20...Month.html
NEW YORK, Dec. 20, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- ISW Holdings Inc. (OTC: ISWH) today announces its placement in an editorial published by NetworkNewsWire ("NNW"
, one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities. To view the full publication and forward-looking statements, please visit: https://nnw.fm/YrdIL
Developments are translating to revenue and cash flow, resources that will underscore growth in 2022 and beyond with Pod City and other hosting and mining operations. During Q3, ISW Holdings Inc. (OTC: ISWH) reported revenue from operations of $1.075 million (including deferred revenues), up 2,435% on a year-over-year basis. That didn’t include a full three months of 550 new miners acquired from Minerset, 150 of which came as a result of ISWH meeting stock performance milestones. Total assets during Q3 increased 5,263% year to date to $9.56 million, while total liabilities decreased 73%, and total derivative liabilities decreased 98% to under $340,000. ...
Looking ahead, revenue at Pod City will be comprised of hosting service fees, which aren’t contingent upon cryptocurrency pricing. Once running at full capacity, the company estimates annual revenue in excess of $7 million per month, a tremendous improvement compared to current capacity with the benefit of being recurring under service contracts.
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