Perpetual Industries Announces Strong First Quarter 2021
May 24, 2021 09:00 ET | Source: Perpetual Industries Inc. Perpetual Industries Inc.
Perpetual” or the “
Company”) is pleased to announce the highlights of its financial and operating results for the first quarter ended March 31, 2021.
First Quarter 2021 Highlights:
Record gross profits recorded of $531,006, a growth of 100% year over year.
An 87% decrease in net operating losses recorded of $(21,924) in Q1 2021 over $(174,176) Q1 2020.
Cash recorded of $1,669,838, an increase of 183% over year ending Dec. 2020.
Total assets recorded of 4,746,166, an increase of 435% over year ending Dec. 2020.
Acquisition of Worldwide Auctioneers, a wholly-owned subsidiary and new revenue stream.
Purchased AutoGrafic Software System, a SaaS and social application for the Blockchain division.
Perpetual Industries Acquires the AutoGrafic Software System einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.