Increased Revenue 654% over comparable quarter of the prior year!
ADYE: Aradyme Corporation
Current Price:.33 (up 10% today)
The News:
Aradyme Reports Quarterly Results of Operations
Tuesday February 21, 8:53 am ET
The most notable trends in the Company's financial performance in the three-month period ended December 31, 2005, compared to the comparable period ended December 31, 2004, is the increased revenue of approximately 654% over the comparable quarter of the prior year, while total operating expenses increased approximately 28%, and the Company's net loss decreased about 11% for the same comparable period.
Revenue for the first fiscal quarter ended December 31, 2005, was $202,155, an increase of approximately 654% over prior year first quarter revenue of $26,800.
The Company expects revenues will increase in future quarters over the level recognized in the three-month period ended December 31, 2005, as further progress is made on projects that are currently underway, as well as on new projects for which the Company has recently executed contracts.
About Aradyme Corporation
Aradyme Corporation is a data management company that provides world-class solutions in data migration/conversion, data integration and application development. These solutions are made possible through a mix of proprietary next-generation database technologies, methodologies and experience that enables customers to simplify their data management efforts and substantially increase the quality of their data.
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Information within this report contains forward looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21B of the SEC
Act of 1934. Any statements that express or involve discussions with respect to
predictions or projections of future events or performance are not statements of
historical fact and may be forward 1ooking statements. Don't rely on them to make
a decision.Today's company has disclosable material items you need to know to make
an informed and intelligent decision. These items include: an accumulated deficit,
a reliance on loans from a director and an affiliate of an officer, a going concern
opinion form its auditor and some related party transactions. Read the Company's SEC
filings before you invest. The Company is going to need financing to survive. This
report shall not be construed as any kind of investment advice or solicitation. You
can lose all your money by investing in this stock. We have received one hundred fifty
thousand free trading shares from a third party not an officer, director or affiliate shareholder for our services. We intend to sell all these shares now, which could cause
the stock to go down, resulting in losses for you. Do your due diligence before you invest.
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