Business
Mastermind Marketing Increases Revenue By 22% And Operating Income by 62% for First 6 Months
Mastermind Marketing Increases Revenue By 22% And Operating Income by 62% for First 6 Months.
About this update from Mastermind, Inc.
[{"type":"text","content":"\n \n Mastermind, Inc. (OTCQB: MMND), a leading involvement marketing \n agency that designs, creates and activates marketing campaigns for \n global brands, today announced financial results for the six months \n ended March 31, 2019 showing year to date growth in revenue, operating \n income, and net income.\n \n \n “We are pleased with our organic growth and profitability for the first \n six months of the year. Revenue increased 22 percent, operating income \n increased 62 percent, and net income increased over 16 percent,\" stated \n Daniel Dodson, CEO of Mastermind. “We are pleased with our organic \n growth, and we are eager to start making strategic acquisitions and \n complete our proprietary AR marketing platform. To that end, we are \n actively looking for investment banking partners to help provide the \n capital for these investments.”\n \n \n Highlights from Mastermind’s first six months of the fiscal year \n (October 1, 2018 - March 31, 2019) include:\n \n \n \n Total revenues increased 22 percent from $2,210,424 to $2,695,377\n \n \n Gross profit increased 19 percent from $1,975,005 to $2,349,959\n \n \n Operating income increased 62 percent from $259,276 to $418,867\n \n \n Net income increased 16.4 percent from $250,677 to $291,743.\n \n \n \n Detailed financial information can be found in Mastermind’s Annual \n Report on Form 10-K for the period ending September 30, 2019, and \n Quarterly Reports on Forms 10-Q for the period ended March 31, 2019 and \n 2018 filed with the Securities Exchange Commission on May 20, 2019.\n \n \n About Mastermind, Inc.\n \n \n Mastermind, Inc. provides thinking that drives results for leading \n marketers. It has over 30 years of experience in dozens of industries \n helping involve people with brands in ways that inspire them to take \n action. Mastermind has a total, data-driven approach that drives brand \n consideration, trial, loyalty, and advocacy. The company has extensive \n marketing expertise in Content, Digital, Influencer, Social, Promotion, \n Channel Optimization, and Contingency Communications. This allows \n Mastermind to create and execute multi-dimensional campaigns that drive \n results. More information about Mastermind, Inc. is available at its \n website: www.MastermindMarketing.com.\n \n \n Forward-Looking Statements\n \n \n Th...