Cleartronic, Inc. Announces Its 2021 Third Quarter Financial Results
BOCA RATON, Fla., Aug. 24, 2021 (GLOBE NEWSWIRE) -- Cleartronic, Inc. (CLRI:OTCPINK) on Monday, August 16, 2021 released its 2021 third quarter financial statements for the nine months ended, June 30, 2021. CLRI now shows six consecutive quarters of profitability.
Marc Moore, CEO of Cleartronic states, “We are very pleased to have consistent growth and profitability, especially during this period of reduced economic activities nationwide due to COVID. Our growth and profitability are generated primarily from our ReadyOp platform and demonstrates the value that ReadyOp means to our clients. In addition to adding new clients, revenue from renewals of many existing clients grew as the clients increased their use of ReadyOp in their operations. Along with increased revenue from our ReadyOp platform, we were able to improve our balance sheet and cash flow.”
The full 10-Q report for the nine months ended June 30, 2021 can be view on the USSEC Edgar system.
About Cleartronic, Inc.
Cleartronic, Inc., a diversified holding Company, creates and acquires operating subsidiaries with the goal of manufacturing and selling products, services, and integrated systems to government agencies, business enterprises, and the general public. In addition to its ongoing research and development projects, Cleartronic currently has one operating subsidiary, ReadyOp Communications, Inc. www.cleartronic.com, www.readyop.com.
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties so that actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements because of certain factors not within the control of the company. The Company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact and Inquiries for Investor Relations:
561-939-3300 Ext 143
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bd4ba263-1046-46e6-a805-0d08aecb2546