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NetworkNewsBreaks – GEMXX Corporation (GEMZ) Rel

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Posted On: 08/10/2023 3:38:51 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – GEMXX Corporation (GEMZ) Releases Quarterly Financial Report, Provides Corporate Update

GEMXX (OTC: GEMZ), a leader in the Ammolite gemstone mine-to-market segment, is reporting positive revenues for the quarter and providing an update on significant company achievements for the quarter. Highlights of the report include shares issued and outstanding totaling 96,866,845 with the quarter’s account receivables reaching $690,310, up from $318,390 in the same quarter last year. Net Income reached $182,992.00 compared to $126,360 in the previous quarter with total long-term liabilities being reported as zero, down from $226,759 last year. GEMXX total assets came in at total assets totaled $18,610,757, up from $1,226,354. “The company continues to build a solid foundation for growth and expansion,” said GEMXX CEO Jay Maull in the press release. “We continue to focus on growth by working with our strategic partners and customers alike to supply cruise lines, shopping channels and retail stores. This is done with hard work and determination supplemented by the company’s ability to offer great Ammolite jewelry designs.”

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