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Second Quarter2024 Highlights
Revenuefor the quarter ended
December 31, 2023 , was$619,578 , compared to$678,370 in the same quarter of the previous year. For the six months endedDecember 31, 2023 , revenue totaled$961,924 , compared to$1,090,697 in the corresponding period of 2023.Hardware revenuefor the quarter
December 31, 2023 , was$337,606 , compared to$431,245 in the same quarter of the previous year. For the six months endedDecember 31, 2023 , revenue totaled$408,790 , compared to$582,221 in the corresponding period of 2023.Communication or recurring revenuefor the quarter
December 31, 2023 , was$167,709 , compared to$153,047 in the same quarter of the previous year. For the six months endedDecember 31, 2023 , revenue totaled$335,816 , compared to$300,431 in the corresponding period of 2023.Gross profitfor the quarter ended
December 31, 2023 , was$385,879 , compared to$387,761 in the same quarter of the previous year. For the six months endedDecember 31, 2023 , gross profit totaled$585,225 , compared to$611,270 in the corresponding period of 2023.Net incomefor the quarter ended
December 31, 2023 , was$101,553 , compared to$114,409 in the same quarter of the previous year. For the six months endedDecember 31, 2023 , net income totaled 85,291, compared to$237,884 in the corresponding period of 2023.Cash, cash equivalents, and term depositsas at
December 31, 2023 , was$2,538,858 , compared to cash, cash equivalents, and term deposits of$2,404,179 atDecember 31, 2022 .
Consolidated Statements of Income and Comprehensive Income
For the Quarter Ended
Consolidated Financial Statements of Financial Position
For the Quarter Ended
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Consolidated Statements of Cash Flows
For the Quarter Ended
About
These modules are wireless modems that utilize microcomputers integrated with sensors, GPS engines, WiFi, RFID and various inputs and outputs. User interface requires NO special APPs or equipment as configuration is facilitated through a wireless WiFi connection to any smartphone, tablet, laptop, or datalogging firmware by the user through the Internet. ROM is an authorized airtime reseller and hardware developer for satellite, cellular and wireless IP Networks.
Contact Information
neil@totaltelcom.com
Neither the
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Copyright (c) 2024 TheNewswire - All rights reserved., source