NXG Nexgenrx Inc

NEXGENRX INC. ("NexgenRx" or the "Corporation") (TSX VENTURE:NXG) is pleased to
report financial results for its second quarter, ended September 30, 2013.


Revenue from transaction fees for the quarter ended September 30, 2013 was
$1,224,648 representing an increase of 16% over the same period in 2012. Cost of
sales decreased by 12%, generating a gross profit increase of 24.8%. The Company
generated positive net income of $129,671. The gross profit for the period was
$1,001,285, an increase of 24.8% compared to the same quarter in 2012.


"Year to date, our net income is $622,496. Cash on hand at the end of the period
is $837,674, which will enable us to continue to dedicate the necessary funds to
accelerate our new sales strategy and continue our growth," stated Ron Loucks,
President and CEO.


About NexgenRx

NexgenRx is a growing health benefits management company engaged in the design,
management and administration of health benefit plans offered by employers and
other plan sponsors for the benefit of their employees and plan members. More
information on NexgenRx can be found at www.nexgenrx.com.


Caution Regarding Forward-Looking Statements - This news release contains
certain forward-looking statements, including statements regarding the business
and anticipated financial performance of the Corporation. These statements are
subject to a number of risks and uncertainties. Actual results may differ
materially from results contemplated by the forward-looking statements. When
relying on forward-looking statements to make decisions, investors and others
should carefully consider the foregoing factors and other uncertainties and
should not place undue reliance on such forward-looking statements.


"Neither 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 the release."


FOR FURTHER INFORMATION PLEASE CONTACT: 
NexgenRx Inc.
Ronald C. Loucks
President and CEO
416.695.3393 x801


NexgenRx Inc.
Taba Merrikh
Director of Finance
416-695-3393x803
www.nexgenrx.com

Nexgenrx (TSXV:NXG)
Historical Stock Chart
From May 2024 to Jun 2024

Nexgenrx (TSXV:NXG)
Historical Stock Chart
From Jun 2023 to Jun 2024