11/27/2007
IMS Announces Record Revenue Of $1.4
Million
International Monetary Systems (OTCBB:INLM), a
worldwide leader in business-to-business barter services, has
provided its sales volume and revenue figures for October. The month
produced the company’s highest revenue total to date, as well as
strong new-client enrollments.
The October 2007 results are:
-
Trade volume for the month totaled more than $9.8 million. (This
amount represents only the sale side of the transactions.) In
October of 2006, the trade volume was $10 million. The higher
volume last year was a result of more reciprocal and non-fee
transactions. Although the trade volume for October of 2007 was
$200,000 less than last year, the actual billable client amount
was greater and generated increased revenue.
-
Gross revenue billed was $1.4 million, compared to $1.2 for
October of last year, a 17% increase. This revenue was the
highest monthly total in the company’s history.
-
New-client enrollments were strong with 300 new members joining
the barter network, representing an increase of 117% over the
138 new members signed up in October of last year.
The totals listed above are taken from the
company’s internal records and have not been audited.
|
|
|
