AXP 50.0% 0.1¢ axp energy limited

Ann: Shareholder Update Webinar

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    Quarterly Net Revenue $7,513,165 (prior quarter
    $4,961,817) – A 51.4% increase;
    Quarterly Net Customer Receipts $6,595,000 (prior
    quarter $4,403,000) – A 49.8% increase;
    Positive operating cashflow of $1.61M (prior
    quarter $186K) – A 9-fold increase);
    Cash and cash equivalents at quarter end
    $3.386M, up on $2.439M last quarter;
    Annual Net Revenue $20.75M* (prior year $4.24M)
    – a 389% increase;
    Annual Net Customer Receipts $19.31M* (prior
    year $4.29M) – a 351% increase;
    Well-funded with solid cash reserves to drive
    current growth plans.
 
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