VRX Worldwide Reports 2013 Annual Results
01 5월 2014 - 8:50AM
Marketwired
VRX Worldwide Reports 2013 Annual Results
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 30, 2014) - VRX
Worldwide Inc. (TSX-VENTURE:VRW) -
- VRX Studios' broadening service offerings and strengthening
global markets drive 15% increase in Service Revenue
- MediaValet's Revenue Increases 172% with new customers in
agriculture, healthcare, education, manufacturing, transportation,
sports and recreation, tourism, and consumer products
- Investment and momentum increases with $525,000 Equity Raise in
the 4th Quarter
VRX Worldwide Inc., a global provider of content production and
cloud-based digital asset management services, is pleased to report
it's annual and fourth quarter results for 2013.
|
|
2013 |
|
2012 |
2011 |
|
|
Total revenue |
$ |
3,523,865 |
|
$ |
3,213,772 |
$ |
3,243,586 |
|
|
Gross profit |
$ |
1,782,394 |
|
$ |
1,783,237 |
$ |
1,845,030 |
|
|
EBITDA |
$ |
67,582 |
|
$ |
309,553 |
$ |
(366,730 |
) |
|
Net income (loss) |
$ |
(425,473 |
) |
$ |
13,057 |
$ |
(619,185 |
) |
|
Earnings (loss) per share |
$ |
(0.01 |
) |
$ |
0.00 |
$ |
(0.02 |
) |
|
Total assets |
$ |
1,855,175 |
|
$ |
1,618,141 |
$ |
1,107,431 |
|
|
| Summary of Quarterly Results (Unaudited) |
|
|
2013 Q4 |
|
2013 Q3 |
|
2013 Q2 |
|
2013 Q1 |
|
2012 Q4 |
|
Total revenue |
$ |
931,275 |
|
$ |
944,220 |
|
$ |
915,841 |
|
$ |
732,529 |
|
$ |
875,553 |
|
Gross profit |
$ |
459,131 |
|
$ |
473,681 |
|
$ |
457,887 |
|
$ |
391,695 |
|
$ |
497,568 |
|
EBITDA |
$ |
(74,078 |
) |
$ |
64,964 |
|
$ |
59,495 |
|
$ |
17,201 |
|
$ |
106,593 |
|
Net income |
$ |
(234,259 |
) |
$ |
(54,116 |
) |
$ |
(58,978 |
) |
$ |
(78,120 |
) |
$ |
53,335 |
|
Earnings per share |
$ |
(0.01 |
) |
$ |
0.00 |
|
$ |
0.00 |
|
$ |
0.00 |
|
$ |
0.00 |
|
Total assets |
$ |
1,855,175 |
|
$ |
1,753,169 |
|
$ |
1,725,068 |
|
$ |
1,594,014 |
|
$ |
1,618,141 |
Total revenue increased 9.6% year over year and 6.4% quarter
over quarter due to VRX Studios' strengthening client base, it's
broadening service offering, and MediaValet's growing licensing
stream. Gross profit, EBTIDA and net income decreased over both
time frames due to increased investment in operations, sales and
marketing, research and development, and corporate development
activities; and higher financing costs.
"Throughout 2013 we invested in the foundation of our business,
successfully growing several new service offerings, nurturing a new
brand, and attracting new investors who share our vision for the
future," commented David MacLaren, President and CEO of VRX
Worldwide. "With the ongoing improvement in the global economy,
demand from VRX Studios' 13,000 hotel customers continued to
strengthen, our new service initiatives generated higher returns,
and version 2.0 of MediaValet helped us land many new customers in
a variety of industries across North America, Europe, the Middle
East and Asia."
The full financial statements and related MD&A are now
available on the Company's website (www.vrxworldwide.com) and on
SEDAR (www.sedar.com).
ABOUT VRX Worldwide Inc.
Through its wholly owned brands, MediaValet™ and VRX Studios™,
VRX Worldwide delivers cloud-based digital asset management and
global content production services to many of the world's leading
manufacturing, healthcare, resource, high-tech, agricultural,
consulting, consumer, travel and hospitality brands.
VRX Worldwide Inc.,
David MacLaren, CEO
"Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release."
Forward-Looking Information
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address events or
developments that VRX Worldwide Inc. (the "Company") expects to
occur, are forward-looking statements. Forward-looking statements
are statements that are not historical facts and are generally, but
not always, identified by the words "expects", "plans",
"anticipates", "believes", "intends", "estimates", "projects",
"potential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur. Although the
Company believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance and actual results may differ
materially from those in the forward-looking statements. Factors
that could cause the actual results to differ materially from those
in forward-looking statements include regulatory actions, market
prices, exploitation and exploration successes, and continued
availability of capital and financing, and general economic, market
or business conditions. Investors are cautioned that any such
statements are not guarantees of future performance and actual
results or developments may differ materially from those projected
in the forward-looking statements. Forward-looking statements are
based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made. Except as required
by applicable securities laws, the Company undertakes no obligation
to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors,
should change.
VRX Worldwide Inc.Investor & Public
Relations888.605.0059info@vrxworldwide.comwww.vrxworldwide.com
(TSXV:VRW)
과거 데이터 주식 차트
부터 1월(1) 2025 으로 2월(2) 2025
(TSXV:VRW)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025
