IMS Announces 91% Revenue Increase
International
Monetary Systems (OTCBB:INLM) has released sales volume and revenue
figures for August. Following the pattern for most of this year, the
company had substantial increases in gross revenue, trade volume and
client enrollments.
The August 2007
results are:
·
Trade volume for the
month totaled more than $8.6 million—representing sales only—an
increase of 81% over the $4.7 million in August of 2006.
·
Gross revenue billed
was $1.2 million compared to $628,000 for August of last year, a 91%
increase. The August revenue also was $100,000 higher than the
average gross revenue for the previous four months.
·
New-client enrollments
set an all-time record with 320 new members joining the barter
network this August, representing an increase of 68% over the 190
new members signed the previous August.
(The totals
listed above are taken from the company's internal records and have
not been audited.)
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