SPCK Out With SUPER Q1 Report
Superclick, Inc. (OTCBB: SPCK) is out with stellar financial results for Q1 FY2008 today that simply can not be overlooked by the small cap investment community. In addition to a 90.1% year- over-year revenue increase for the quarter, highlights of SPCK's solid Q1 include:Net income of $178,348 vs. a loss of ($61,471) during Q1 '07;
A 74.3% increase in gross profit (from $370,992 in Q1 '07 to $646,734 in Q1 '08);
SG&A represented 26% of net revs in Q1 '08 vs. 40% in Q1 '07;
Net income per share for Q1 '08 was $0.002 on a fully diluted basis;
Increase in rooms under customer support of approximately 14,700;
Continued expansion in the market with leading brands both in the U.S. and Asia;
Expansion of help desk support offering to deliver world-class VOD support; and
Increase of sales force.
This is a superb follow-up to Superclick's record net revenues of nearly $5M for FY 2007 and puts the company on pace to surpass that record in '08 with zero growth over the next 3 quarters. Even in a rough and tumble economic environment.
With lucrative relationships now in place with leading hospitality organizations including Four Seasons Hotels & Resorts in addition to technology solution providers like Swisscom International, SPCK is now pursuing opportunities on 3 continents (North America, Europe and Asia) with notable success.
posted by "Staff" at
11:14 AM
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