Communicate.com Announces Record Q2 Results
320% Increase in Revenues, 330% Increase in Net Profit over Q2
2003
Financial In Market VANCOUVER, British Columbia--(BUSINESS WIRE)--Aug. 16,
2004--Communicate.com Inc. (OTCBB:CMNN) today announced results for
the second quarter and six months ended June 30, 2004. All figures
are in U.S. dollars.
Financial Highlights, Second
Quarter & Six Months 2004:
Tokyo, Honda Motor Co., Ltd., today announced a summary of automobile production, Japan domestic sales, and export results for the month of October, time records...
Oriental Trading -- Record quarterly revenues of $733,107 in the second quarter,
compared to $173,895 for the same period in 2003, an increase of
320 percent
Due to customer demand and an increased market trend towards tradable spot commodities, FOREXYARD is happy to announce the addition of spot Gold, Silver and Oil to its online trading platform. Nicosia, Cyprus (PRWEB) May 30, - Due to customer demand and an increased market trend towards tradable spot commodities, FOREXYARD is happy to announce the addition of spot Gold, Silver and Oil to its online trading platform. Customers will now benefit from the ability to trade these exclusive items without any additional software downloads or fees.
Financial Forex Forex Software -- Record second quarter net income of $120,908, compared to
$27,801 for the same period in 2003, an increase of 330 percent
-- Nero, leaders in digital media technology, announced today that the company's booth at the 3GSM trade show in Barcelona will feature Nero Mobile, which now supports Symbian, and is specially optimized and ported for the i.MX.31 application processor. As well, Nero will feature its Nero Digital™ and Nero Digital™ Audio+ recording and playback codecs.
Trading -- Record second quarter gross profit of $327,486, compared to
$127,494 for the same period in 2003, an increase of 155
percent
We are pleased to announce that we have added the following currencies to our trading arena. Please note that these currencies are available for trading against the USD or the EUR only. CZK Czech Koruna ( 00 GMT) HKD Hong Kong Dollar (24 hrs) MXN Mexican Peso ( 00 GMT) SEK Swedish Krona (24 hrs) TRY Turkish Lira ( 00 GMT) ZAR South African Rand (24 hrs) results of the $2, 007 raffle We are happy to announce that we have run the raffle for $2, 007.>
Trading Financial System -- Second quarter product sales of $373,651, compared to $55,692
for the same period in 2003, an increase of 570 percent
Secure Corporation achieved accelerated, 11% quarter over quarter growth rate in its strategic Internet Service Provider (ISP) business during Q2. The overall Q2 revenue growth was also strong and increased by 18% compared to the same quarter last year, reaching a record level of ' 3.3m. EBIT was healthy at 16% of revenues, and ' .7m.
Day Trading -- Record six month revenues of $1,229,216, compared to $255,052
for the same period in 2003, an increase of 380 percent
Forex Financial Trading The -- Six month net income of $166,095, compared to $33,671 for the
same period in 2003, an increase of 390 percent
Fortune Make Option Trading -- Six month gross profit of $569,156, compared to $208,651 for
the same period in 2003, an increase of 170 percent
Science Of Financial Market -- Six month product sales of $603,212, compared to $55,758 for
the same period in 2003, an increase of 980 percent
Future Trading -- Cash and cash equivalents of $504,978 as at June 30, 2004,
compared to $137,605 as at June 30, 2003
Financial Sales Services Corporate Highlights, Second Quarter 2004:
Commodity Trading -- Launched Karate.com online martial arts
superstore
Financial Services Trading -- Launched version 3.0 of Importers.com, the
company's rapidly growing global
B2B trade portal
Online Forex Trading -- Opened Malaysian FrequentTraveller.com sales office to book
Malaysia.com & Indonesia.com clients
Financial Portfolio Trade -- Received the fourth $200,000 payment from Manhattan Assets,
Inc. towards the purchase of four URLs for $1 million
Sierra Trading Post Communicate.com's President, David Jeffs, commented: "We are
pleased with our results in the second quarter, which marks our
sixth consecutive profitable quarter. Third quarter revenues have
been strong thus far and should surpass our record second quarter
revenues. Our online fragrance sales continue to grow and our
travel subsidiary has seen a steady rise in bookings through our
operating country/travel websites. We are also very encouraged by a
recent report by Forrester Research which stated that U.S. online
retail sales are on a strong growth track and should hit $316
billion by 2010, with online travel to reap a projected $119
billion."
Trading Financial Future Selected Income Statement Data (Unaudited):
Forex Trading Software Three Months Ended Six Months Ended
June 30, June 30,
2004 2003 2004 2003
-------- -------- -------- --------
Revenues $733,107 $173,895 $1,229,216 $255,052
Gross Profit 327,486 127,494 569,156 208,651
Net Income 120,908 27,801 166,095 33,671
Earnings Per Share $0.01 $0.00 $0.01 $0.00
Weighted Average
Shares Outstanding 14,739,416 14,691,339 14,739,416 14,691,339
Trading Post
Selected Balance Sheet Data (Unaudited):
As of June 30,
2004 2003
-------- --------
Cash and Cash Equivalents $504,978 $137,605
Trading System Communicate.com's quarterly report on Form 10-QSB, as filed with
the SEC, can be accessed at Nasdaq.com via
http://communicate.com/investor.php.
Forex Trading System About Communicate.com:
Fx Trading Communicate.com is an emerging growth Internet company that
owns, develops and operates more than 25 intuitively branded
top-level eCommerce websites, including Perfume.com, Karate.com and
Importers.com. Communicate.com's brand categories include health
& beauty, travel, telecommunications, sports and consumer
electronics. The Company's network of B2C and B2B websites
intuitively attracts approximately one million visitors and
potential clients per month with no marketing
costs, giving Communicate.com a
competitive advantage in customer acquisition and price. For
more information, please visit www.communicate.com.
Trading Card This news release contains "forward-looking" statements, as such
term is defined in the Private Securities Litigation Reform Act of
1995. Because such statements include risks and uncertainties,
actual results may differ from those expressed or implied herein.
Further information on potential factors that could affect the
financial results of Communicate.com is included in the Company's
filings with the U.S. Securities and Exchange Commission.
In Online Trading Contacts
Online Commodity Trading
Communicate.com Inc.
Adam Rabiner, 866-898-4354
investors@communicate.com
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