BRAVADA Provides Full Year 2012 Revenue Estimates and Expects Triple Digit Revenue Growth to Continue
September 12 2011 - 8:46AM
Business Wire
BRAVADA International Ltd. (www.Bravada.com) (Pink
Sheets:BRAV) announced today that it expects triple digit
revenue growth to continue through fiscal year 2012 and is
providing full year 2012 revenue estimates as well as 2011. BRAVADA
estimates its revenue to be as follows:
Fiscal Year 2011: $775,000 - $
850,000 Fiscal Year 2012: $3,500,000 - $ 4,500,000
BRAVADA anticipates 2011 year over year revenue growth of
between 600% - 700%; BRAVADA reported revenue in 2010 of
$112,717.40 with a 2011 revenue range of $750,000 - $850,000.
BRAVADA anticipates 2012 year over year revenue growth of 500%+
given its current projected results, existing revenue growth trends
with estimates of $3,500,000 - $4,500,000.
BRAVADA Revenue estimates are predicated on United States GDP
growth of between 0% - 1.0%. BRAVADA believes that an acceleration
in economic activity can have a material impact on its
estimates.
Daily revenue in September 2011 has been between $3,500 - $4,500
and accelerating post Labor Day. BRAVADA has a number of
significant growth initiatives planned and because BRAVADA deals
with the law of small numbers, actual results may vary from
estimates provided. BRAVADA is strategically planning the release
of its BRAVADA Elite women's activewear, sexy workout apparel and
yoga clothes line that it expects will fuel revenue growth. In
addition, its ecommerce online strategy has been performing well
beyond expectations and additional growth is expected. BRAVADA
previously announced that it believes that OnlyLeggings.com can
reach monthly revenue of $250,000+ monthly.
In addition, growth drivers include BravadaWomen.com and
expansion of its BRAVADA Women's Athletica Retail store operations.
BRAVADA has a number of growth initiatives planned for its high
performance women's activewear, workout clothes and yoga sport line
which includes BRAVADA Elite, expansion of its online ecommerce
mall, BravadaWomen.com, as well as initiatives for its BRAVADA
Women's Athletica retail stores. Retail store expansion is expected
to resume in the early part of 2012.
Due to BRAVADA's huge revenue growth in August and September, it
has had to delay its marketing plans for its women's ecommerce
women's fashion store, FashionDollarStore.com, so that capacity can
be increased to ensure it can service that growth, however, sales
have been exceeding expectations nonetheless.
BRAVADA is completing upgrades to its online fulfillment center
that will allow it to process up to $12,000 daily with retail store
capacity of $15,000 daily. BRAVADA is looking to triple its
capacity by the early part of 2012 which will most certainly
include a dedicated facility for online order fulfillment.
"BRAVADA is experiencing incredible growth in an economy that is
one of the worst since the Great Depression," replied Danny Alex,
CEO and Founder of BRAVADA. "I prepared BRAVADA for this economy
and we are proving that our strategy was right on the money in
every way. BRAVADA is a proud American company inspired by our
culture of 'Getting Excited About Being You.' We look forward to
going head to head with our Canadian competition, lululemon in 2012
and will prove that BRAVADA's California inspired women's workout,
yoga clothes and sexy gym wear is a culture of positivity that
cannot be stopped because it's all about people. The BRAVADA
culture is about everything we are as an individual and being
inspired by the person inside us all and that is a powerful notion
when applied. The BRAVADA Culture of 'Getting Excited About Being
You' is infectious and BRAVADA is inspired by all women across
middle America that want to do better for themselves."
About BRAVADA
BRAVADA owns BRAVADA Women’s Athletica, BravadaWomen.com,
OnlyLeggings.com and FashionDollarStore.com. BRAVADA specializes in
high performance women's activewear and Brazilian workout clothing.
OnlyLeggings.com is an online superstore for leggings, cotton
leggings, faux leather leggings, metallic leggings, plus size
leggings and more. FashionDollarStore.com is a online women's
fashion superstore specializing in high end women's fashion. It's a
women's clothing sale everyday at FashionDollarStore.com.
www.BravadaWomen.comwww.OnlyLeggings.comwww.FashionDollarStore.comwww.Bravada.com
This news release may contain statements about future
expectations, plans, prospects or performance of BRAVADA
International Ltd that constitute forward-looking statements for
purposes of the safe harbor Provisions within the meaning of the
Securities Act of 1933 and the Securities Exchange Act of 1934, as
amended by the Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by phrases such
as BRAVADA "believes," “intends,” "expects," "anticipates,"
"foresees," "forecasts," "estimates" or other words or phrases of
similar import. Similarly, statements herein that describe the
Company's business strategy, outlook, objectives, plans, intentions
or goals also are forward-looking statements. All such
forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those in forward-looking statements.
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