International Monetary Systems Second
In the second quarter ending June 30, IMS
Barter processed more than 14 million in trade transactions,
generating gross revenues of $1,810,654, compared to $1,596.594 in
the second quarter of 2005.
Total expenses for the quarter increased 23%
from $1,398,551 in 2005 to $1,722,046 in 2006, attributable to the
recent acquisitions and the hiring of new salespeople.
Year-to-date gross revenue for the six-months
ending June 30 totaled $3,552,990, compared to $2,738,976 for the
same period in 2005...an increase of 30%. Total expenses for the
same six-month period were $3,435,649 in 2006, compared to
$2,531,812 for 2005...an increase of 36%. Total year-to-date net
loss for the first six months of 2006 was $68,597, compared to a
profit of $96,558 for that period in 2005.
For more information on IMS go to