TheDirectory.com Reports Fifth Consecutive Year of Revenue Growth; Company Posts Record 2013 Sales and Profits
19 Dicembre 2013 - 10:01PM
Marketwired
TheDirectory.com Reports Fifth Consecutive Year of Revenue Growth;
Company Posts Record 2013 Sales and Profits
Company to Host Investor Conference Call
TAMPA, FL--(Marketwired - Dec 19, 2013) - TheDirectory.com, Inc.
(PINKSHEETS: SEEK), an emerging leader in the vertical and Local
search space, today announced its preliminary financial results for
its full fiscal year ended November 30th, 2013.
During the Year ended November 30, 2013, TheDirectory.com, Inc.
generated total sales of $780,163 versus prior year sales of
$506,026 resulting in year over year top-line growth rate of 54%.
During 2013 the Company posted net income of $109,153 versus 2012
profits of $6,776 for a gain of over 1,600%. On the balance sheet,
assets grew from $396,200 in 2012 to $3,335,086 at the end of 2013
for a gain of 840%. The Company will file its audited results in
the form 10 to become fully reporting with the Securities and
Exchange Commission in January.
TheDirectory.com founder and CEO Scott Gallagher stated, "We're
pleased to report our 5th consecutive year of top-line revenue
growth and our second consecutive year of profitability. We've now
turned the corner and established the Company as a player, albeit a
small one at this point, in the Local search space. "
Gallagher continued, "In January we'll become an SEC exchange
act reporting Company and will have completed 3 years of audited
financials in just the 3-months time. The Company, our auditors and
lawyers are actively working on the form 10. We'll file the
document with the SEC on January 23rd, a full five weeks before the
filing deadline for fully reporting Companies. At that point the
up-listing will be complete and we'll no longer be a Pink Sheet
Company. We plan to host an investor call after the market closes
on January 23rd to discuss the up-listing and provide shareholders
with a mid-quarter update. While we're not giving specific revenue
guidance for Q1 at this point, I can say this, our Q1 revenue level
will beat what we did for the entire year in 2013 and we will be
profitable."
About TheDirectory.com, Inc.
www.TheDirectory.com network includes over 2,000 locally
targeted Internet domains and websites that generate over 6 million
unique users a month. The Company owns and operates vertical
directories such www.PodiatristProfiles.com, www.Chiropractor.net,
www.Therapists.net, www.Dietitians.net, www.DentistAppointments.com
and others. The Company also owns and operates one of the world's
largest city guide networks under the www.HelloNetwork.com brand.
For more information see the company's financial statements and
related filings on www.OTCMarkets.com or www.SEC.Gov.
Forward-Looking Statements
Certain statements contained herein are "forward-looking"
statements (as defined -- Private Securities Litigation Reform Act
of 1995). TheDirectory.com, Inc. cautions that the statements made
in this press release constitute forward-looking statements and no
guarantees of future performance and actual results or developments
may differ materially from projections in forward-looking
statements. Forward-looking statements are based on estimates and
opinions of management at time the statements are made.
Contact: Scott Gallagher 727-417-7807 Email Contact
Grafico Azioni TheDirectory com (CE) (USOTC:SEEK)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni TheDirectory com (CE) (USOTC:SEEK)
Storico
Da Set 2023 a Set 2024