B-Scada's 3rd Quarter Revenue Increases by 89% Over 2012
September 10 2013 - 9:10AM
Marketwired
B-Scada (OTCQB: MOBS) has filed its 10Q for the 3rd quarter,
posting an increase in revenues of 89% over the same three month
period last year.
Revenue for the nine months ending July 31, 2013 increased by
62% to $1,055,013 compared to $659,022 for the same period in 2012,
while net income increased from $16,034 to $317,267.
"Demand for our consulting services, graphics design and custom
development was much higher than anticipated this year. Our retail
product sales are increasing, revenue from technology licensing is
up. Overall we are having an exceptional year. While demand for
consulting services may cool for 2014, we are projecting increases
in technology licensing revenue. New relationships, partnerships
and agreements in the pipeline along with increased marketing
efforts will contribute to increased retail product sales. New
products in development will come online early in the New Year and
will begin to contribute to revenue growth towards the end of 2014.
Our current projections show solid growth continuing for the
remainder of the year and well into 2014." - Ron DeSerranno,
CEO
B-Scada specializes in the compelling visualization of real-time
data. Our visualization technology and SCADA products are deployed
in manufacturing, power & utilities, transportation,
petrochemical, HVAC, and other fields of business where real-time
data visualization is critical. B-Scada's in-house expertise and
experience has provided us the opportunity to partner with
companies from various vertical markets, and assist them to develop
custom solutions that meet their specific needs. Our goal is to
help our clients transfer their real-time production and
operational data into actionable information through
graphically-compelling, functional, and intuitive user
interfaces.
Contact B-Scada, Inc. Kathleen O'Keefe Investor Relations
kokeefe@b-scada.com 1255 N. Vantage Point Dr. Suite A Crystal
River, FL 34429 http://www.scada.com
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