|
OTC BB symbol (PHDTF)
TORONTO, Dec. 14 /PRNewswire-FirstCall/ - The Company reported revenues
for the month of November 2005 of $619,271.00 and a net income of $182,611.00.
This compares to $321,190 in revenue and a net loss of $131,518 for October
2005.
Gross profit (revenue minus cost of sales) for November was $350,125 or
56.5% of revenue compared to a gross profit of $42,313 for October or 13.3% of
revenue.
Cost of sales was reduced to 43% of revenue for the month of November
which compared to 86.7% for the month of October and 96.9% for the previous
quarter (three months) ending September 30th 2005. The further reduction in
cost of sales is due to the recurring revenue model the company is building.
Cost of sales is posted in the month they are incurred.
"This continues a very favorable trend as sales are continuing to
improve. The company is on target with its business plan. Notably, the Company
reported its first month with positive net income." stated Lex van Arem C.E.O.
Monthly and Quarterly numbers are un-audited.
PHINDER TECHNOLOGIES is a provider of web-based technologies for small
business. The company utilizes a highly systemic and efficient telephonic
marketing strategy to reach and convert large numbers of prospective small
business owners into users of entry-level e-commerce, hosting, and e-marketing
solutions. A world class tech support team has designed an innovative suite of
turnkey web design templates which empower small business owners to quickly
establish a personalized online presence. Management is focused on building
sustained "engagements" with the small business owner, positioning the company
to become a trusted technology consultant, anticipating scalable opportunities
to increase the average sales to its existing customer base while ramping its
acquisition of new customers cost effectively.
Berlin WKN No. : A0DQU5
In compliance with the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995, PHDTF notes that statements contained in this
announcement that are not historical facts may be forward-looking statements
that are subject to a variety of risks and uncertainties. Accordingly, PHDTF
wishes to caution readers of this announcement that its future actual results
may differ materially from those that any forward-looking statements may
imply. There is no assurance the above-described events will be completed.
There can be no assurance of the ability of the company to achieve sales
goals, obtain contracts or financing, consummate acquisitions or achieve
profitability in the future. The above and additional factors are discussed in
detail in the companys filings with the U.S. Securities and Exchange
Commission. These may be viewed at http://www.sec.gov and many other Web sites
without charge.
|
|
