Home
Unisource Corporate Corporation
Unisource Shareholder Update On Q2 2015 Performance
Business
Aug 20 2015
4 min read

Unisource Shareholder Update On Q2 2015 Performance

Unisource Shareholder Update On Q2 2015 Performance

 

Miami, FL — August 20, 2015, Unisource Corporate Corporation (OTC Markets: USRC) has issued the following statement to update shareholders on our financial performance for the Q2 2015:

 

Since our acquisition of Top Flight Concepts in May of 2014, Unisource has focused on internal growth of our operations. This two-year operating plan, adopted in 2014, has achieved significant improvement in earnings results. For the fiscal year 2013, Unisource reported earnings of $-0.02 per share. For the fiscal year 2014, we reported earnings of $0.00 per share, or break even. Reported revenues during the period also increased dramatically. From a performance and EPS point of view, Unisource is now much stronger than a year ago. The company previously stated that this growth will continue to accelerate into 2016.

 

As of June 30, 2015, excluding non-cash expense items; Management has reached a significant milestone. For the first time since inception, the Company is now cash flow positive. As a result, excluding non-cash expense items, the Company has also generated a modestly positive EPS for the first time since inception, year to date.

 

Management believes that this performance will continue to be enhanced for the balance of 2015, and should result in positive net earnings and overall annualized positive EPS for shareholders, including non-cash expenses, for the year.

 

Unisource is also currently in discussions with another potential M&A target for a similar type of transaction as we achieved with Top Flight Concepts last year. Although not a completed deal, the company will continue to pursue these types of engagements, all of which have the potential to substantially increase shareholder value.

 

 

For additional information on Unisource please visit www.unisourcecorp.com or call +1 (561) 228-5181.

 

About Unisource

Unisource, (OTC Markets: USRC), a global transportation and logistics management company, aggregates third-party logistics (3PL) service companies as well as cloud-based logistic applications to improve efficiencies and deliver significant cost savings to users worldwide. In November 2012, USRC acquired Visionship, a SaaS-based proactive transportation management system, which delivers predictive, in-transit transportation data to users driving significant cost savings to manufacturers, distributors and carriers. In June 2014, USRC acquired Top Flight Concepts, a market leader in development of innovative customized freight management solutions, as well as TFConnect®, a complete shipping management system designed to directly connect shippers, brokers and carriers to facilitate all facets of shipping and freight data management. Serving all transportation modes, USRC provides core logistics services to users for ALL modes of shipping. With ability to ship anything, USRC currently operates in multiple industries of manufacturing including: automotive, printing, telecommunications, electronics, industrial products, food grade products, packaging, household and consumer goods among others. www.unisourcecorp.com

 

Forward-Looking Statements Disclosure

This release contains forward-looking statements that reflect Unisource Corporate Corporation’s plans and expectations. In this press release and related comments by Company management, words like "expect", "anticipate", "estimate", "forecast", "objective", "plan", "goal", "position", "equate", and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.

###