HIRU is going SICK!!! Hiru Corporation would li
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Posted On: 03/10/2023 3:51:03 PM
HIRU is going SICK!!!
Hiru Corporation would like to announce its financial performance for fiscal year end December 31, 2022.
For the three months ended December 31, 2022, the Company generated gross revenues of$5,901,152 USDwith net income of$873,106 USD. This is a 604% increase in top line revenue when compared to the three months ended December 31, 2021, of $876,544 USD. Additionally, the Company had a 374% increase in net income for the same period as compared to December 31, 2021, of $232,976 USD.
For the FYE of December 31, 2022, the Company generated gross revenues of$13,717,447 USDwith net income of$4,463,211USD.This is over ten times the top line revenue made for FYE December 31, 2021, of $1,249,733. More importantly, the Company beat its projected fiscal year end 2022 top line revenue of $12,500,000 by $1,217,447 USD.
Ms.Kathryn Gavin(President and CEO of the Company), states..."Our business and client base has been growing exponentially in the 18 months of revenue generating operation. Each quarter has been better than the previous and we continue to hit all our projected top line revenue projections along the way. While top line revenue is very important, the real question is how we are operating our core business. If you look at our FYE 2022 numbers, our profit margin is a healthy 32.5%. In the end, that is the most important number for any business. We expect that moving forward during calendar year 2023, we will continue the trend of each quarter being better than the last and pulling a profit margin very close to what we attained this past fiscal year. We will move forward by continuing to expand our operational footprint and bringing on new co-packing clients like we have had in the past 18 months. But more importantly, our main goal is continuing to meet the expectations of our growing client base and our shareholders. The Company fully expects that we will be able to hit our projected top line revenue mark of between $30,000,000 USD and $40,000,00 USD by the end of FYE 2023."
Hiru Corporation would like to announce its financial performance for fiscal year end December 31, 2022.
For the three months ended December 31, 2022, the Company generated gross revenues of$5,901,152 USDwith net income of$873,106 USD. This is a 604% increase in top line revenue when compared to the three months ended December 31, 2021, of $876,544 USD. Additionally, the Company had a 374% increase in net income for the same period as compared to December 31, 2021, of $232,976 USD.
For the FYE of December 31, 2022, the Company generated gross revenues of$13,717,447 USDwith net income of$4,463,211USD.This is over ten times the top line revenue made for FYE December 31, 2021, of $1,249,733. More importantly, the Company beat its projected fiscal year end 2022 top line revenue of $12,500,000 by $1,217,447 USD.
Ms.Kathryn Gavin(President and CEO of the Company), states..."Our business and client base has been growing exponentially in the 18 months of revenue generating operation. Each quarter has been better than the previous and we continue to hit all our projected top line revenue projections along the way. While top line revenue is very important, the real question is how we are operating our core business. If you look at our FYE 2022 numbers, our profit margin is a healthy 32.5%. In the end, that is the most important number for any business. We expect that moving forward during calendar year 2023, we will continue the trend of each quarter being better than the last and pulling a profit margin very close to what we attained this past fiscal year. We will move forward by continuing to expand our operational footprint and bringing on new co-packing clients like we have had in the past 18 months. But more importantly, our main goal is continuing to meet the expectations of our growing client base and our shareholders. The Company fully expects that we will be able to hit our projected top line revenue mark of between $30,000,000 USD and $40,000,00 USD by the end of FYE 2023."
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