Metatron Announces Record 1st Quarter 2013 Revenues
April 30 2013 - 2:16PM
Marketwired
Metatron, Inc. (PINKSHEETS: MRNJ)
METATRON, Inc., and its mobile app division i-Mobilize, a top
digital media developer and distributor with a focus on content
that empowers people and makes a positive impact on their lives, is
pleased to announce its operating results for its 1st quarter 2013,
ending March 31, 2013.
2013 Q1 Revenue was $184,931, a 41% increase from 2012 Q1
Revenue which was $130,892, and a 23% increase from the recent 2012
Q4 Revenue, which was $153,642. Revenues for the first quarter
represent an all-time record for the company.
2013 Q1 Net Income was $11,806 an approximate 85% increase from
2012 Q1 Net Income which was $6,397.
Total Expenses for the first three months of 2013 were $173,125,
a 39% increase from $124,494, the Total Expenses for the same time
period last year.
Metatron's complete 2013 1st Quarterly report has been published
and can be found on the OTC Markets Website at
http://www.otcmarkets.com/stock/MRNJ/filings.
Highlights of the 1st Quarter:
The company's momentum continued in the first quarter of 2013 as
the post-holiday sales pulse combined with 6 new Mega-Apps released
were a key driver for sales. The company introduced 5 new Mega-apps
on Google Play, which fueled a nearly 70% increase YOY in sales on
the platform. The conversion of Glenn Harrold's popular Meditation
4 Inner Wisdom to a Mega-App on the Apple Appstore in late January
instantly placed it in the company's Top 5 grossing apps on a daily
basis. By quarter's end, the company has released a total of 21
Mega-Apps in only 10 months, and the concept has proven to be an
enormous success. Other key milestones in the quarter:
- The company's top selling app, "Relax and Sleep Well by Glenn
Harrold" has reached the #1 grossing rank in the Lifestyle category
on iTunes in 38 countries to date. The App has ranked in the Top 20
grossing Lifestyle Apps in the United States for over 304 straight
days
- Spiritual leader Eckhart Tolle's "Teachings and Tools to
Support the Evolution of Human Consciousness" Subscription App has
reached the #1 grossing Rank in the Lifestyle category on iTunes in
10 countries to-date. A new Google play version was released by the
company in March 2013.
- Metatron experienced a 13% increase in app downloads for 2013
Q1 compared to 2012 Q4 vs. the industry average of 11% (Source:
Canalys)
- 5.3 million Ad Impressions in Q1 2013, representing an 500%+
increase YOY, and an 29% increase sequentially.
- Metatron announced an extension of the moratorium on Authorized
Share increase or reverse splits through Q3 2013, with no plans to
end either beyond that time frame.
- Company revamped the website of its app development subsidiary
i-Mobilize's. It can be found at http://i-mobilize.com/
2nd Quarter Outlook
The first quarter results have started 2013 with a flourish,
with a company all-time record revenue quarter achieved. The
release of several Mega-Apps from Glenn Harold, Eckhart Tolle, and
Benjamin Bonetti on both Apple and Google Play platforms during the
quarter, along with holiday sales, helped App sales to increase
YOY. More importantly, sales continue to be elevated even after the
post-holiday afterglow. Key app infrastructure improvements
initiated last year and early in 2013 are energizing sales.
Preliminary sales trends in the current quarter (Q2 2013) have
continued to outpace last year's similar time period. With more
Mega-Apps in development and slated for launch, including one from
renowned spiritual teacher Gary Zukav, along with other brand new
content, management is expecting another strong quarter.
About Metatron, Inc
Metatron, Inc. is a corporate network of highly-related fast
growing multi-sector businesses that transact through the Internet
and mobile devices. We harness the power of technology to make
people's lives more productive and enjoyable in today's connected
world. Metatron companies operate in the hottest business sectors
including online dating, credit card processing, next-gen
relational database development, search engine advertising
optimization, and mobile device applications.
Website: http://metatroninc.com/ Facebook:
http://www.facebook.com/metatroninc Facebook:
http://www.facebook.com/iMobilize News:
http://metatroninc.wordpress.com Twitter:
http://twitter.com/metatroninc
See Metatroninc.com or official blog
(http://metatroninc.wordpress.com)
Forward-Looking Statements: Any statements made in this press
release which are not historical facts contain certain
forward-looking statements, as such term is defined in the Private
Litigation Reform Act of 1995, concerning potential developments
affecting the business, prospects, financial condition and other
aspects of the company to which this release pertains. These
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results
of the specific items described in this release, and the company's
operations generally, to differ materially from what is projected
in such forward-looking statements. Although such statements are
based upon the best judgments of management of the company as of
the date of this release, significant deviations in magnitude,
timing and other factors may result from business risks and
uncertainties including, without limitation, the company's need for
additional financing, which is not assured and which may result in
dilution of shareholders, the company's status as a small company
with a limited operating history, dependence on third parties and
the continuing popularity of the iOS operating system, general
market and economic conditions, technical factors, receipt of
revenues, and other factors, many of which are beyond the control
of the company. Although we believe that the expectations reflected
in the forward-looking statements are reasonable, we cannot
guarantee future results, levels of activity, performance, or
achievements. Moreover, neither we nor any other person assumes
responsibility for the accuracy and completeness of such
statements, and we disclaim any obligation to update information
contained in any forward-looking statement.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: Metatron, Inc. ir@Metatroninc.com
Metatron (PK) (USOTC:MRNJ)
Historical Stock Chart
From Jun 2024 to Jul 2024
Metatron (PK) (USOTC:MRNJ)
Historical Stock Chart
From Jul 2023 to Jul 2024