Metatron/i-Mobilize Announces Record 2013 Revenue and Profit
DOVER, DE--(Marketwired - Mar 31, 2014) - Metatron, Inc.
(PINKSHEETS: MRNJ)
METATRON, Inc., and its mobile app division i-Mobilize, a top
digital media developer and distributor with a focus on packaging
content for release in digital form that can enable personal
transformation, announces its full year operating results for 2013,
ending December 31, 2013.
For a second consecutive year, the company produced all-time
record revenues and profits. In 2013, Metatron successfully launch
more content as "freemium" Mega-Apps into the digital marketplace,
while maintaining growth in the usage rate of long running
Apps.
2013 Revenue was $730,751, a 27% year-over-year (YOY) increase
from 2012 Revenue of $572,391, an all-time record for the
company.
2013 Net Income (Profit) was $68,563, a 430% year-over-year
(YOY) increase from 2012 Net Income of $12,917.
2013 Expenses were $662,118, an 18% increase from 2012 Expenses of
$559,474.
2013 Q4 quarterly revenue $177,256, representing a 14% increase
from 2012 Q4 revenue of $155,080.
Metatron's 2013 Annual Report has been published and can be
found on the OTC Markets Website.
Our mobile subsidiary, i-Mobilize, has developed and released
2,000+ Apps for sale on the Apple and Google Play App platforms
over the last 4 1/2 years. By the end of 2013, the company had 24
Mega and Subscription Apps selling globally, with a diverse
portfolio of top content in the self-help, spirituality, travel,
entertainment, and fitness genres. The company's top selling App,
Relax and Sleep Well by Glenn Harrold, has been downloaded to over
2 million+ distinct users, and the App's footprint is global and
growing. To-date, our Apps have generated over $2.0+
million in worldwide sales and have been downloaded over 3.5
million times and updated nearly 3 million times. Ad Impressions,
an indicator of revenue earned via advertising, increased from 9.7
million in 2012, to 28.7 million in 2013, a strong 195% increase
YOY.
2014 Outlook
2013 was a record revenue year for Metatron, as much of our
"Apped" content maintained high retention rates while demonstrating
timeless relevance. Contrary to most new apps, where decay in use
is typical over time, our top downloaded apps continued to grow
their user base month after month in 2013. Entering 2014,
Management continues to expand into new and popular areas of
content such as social media and entertainment/video apps. The
adoption and use of content in digital form as Apps is in its early
days, and a virtual endless amount of content has yet to be
released in the preferred app digital format. With nearly 5
years of proven expertise in conceiving, creating, and monetizing
apps, Metatron is well positioned to build upon its success in the
coming calendar year.
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.
Metatron, Inc. Corporate Website: http://metatroninc.com/
i-Mobilize Website: http://i-mobilize.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.
Contact: Metatron, Inc. ir@Metatroninc.com
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