Business
ISW Holdings Announces Record Revenues, Accelerating Growth as Coronavirus Outbreak Drives Home Healthcare Demand
ISW Holdings Announces Record Revenues, Accelerating Growth as Coronavirus Outbreak Drives Home Healthcare Demand.
About this update from Blockquarry Corp.
[{"type":"text","content":"\n LAS VEGAS, NV, April 02, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- ISW Holdings, Inc. (OTCMKTS: ISWH) (“ISW”, “ISWH”, or the “Company”), an emerging diversified leader in the healthcare and data infrastructure markets, is excited to announce record results for the Company in 2019, and to update shareholders on ISW’s current rapid growth thus far in 2020 as the COVID-19 outbreak drives accelerating demand for home healthcare services. Record Results. The Company just published its 2019 Financial Statements. For the year ended December 31, 2019, ISW Holdings posted revenues of $527,151. Management notes that these results were achieved on accelerating sequential quarterly growth, with nearly half of those revenues appearing in Q4. Sequential growth in Q3 (versus Q2) was 26%. Sequential growth in Q4 (versus Q3) was 29%. The Company projects Sequential growth in Q1 2020 to come in at a new record level significantly outpacing Q4 2019 results.  The Company also believes this growth curve may further steepen in Q2 2020 given projections released by the White House this week and the strong relationship between expanding healthcare needs related to the COVID-19 outbreak and overflow demand for non-traditional healthcare solutions such as those offered by ISW. Home Healthcare. The Company continues to experience increasing demand for home healthcare services in major metropolitan centers in the State of Texas. As an Essential Service Provider, the state’s recent lockdown announcement does not impact the Company’s operations.  The Company also continues to take steps to expand into Nevada, New Mexico, Arizona, and Florida. In addition, the Company will be providing FDA approved and NIOSH air filtration N95 masks for its workforce of dedicated CNA’s providing professional home healthcare services for clients. ISW will also be providing EPA-registered broad spectrum disinfectants for use in home healthcare operations. These steps will amplify productivity per worker and increase the safety for workers and clients. Finally, the Company also plans to partner with local community officials to participate in ensuring that the community is prepared with personal protection equipment and supplies to combat the spread of COVID-19. This may include donating e...