A Webinar With Robert Day, Futuris Company CFO

Rhea-AI Summary

Futuris Company (FTRS) reported revenues of over $40 million and a net profit of $2.9 million in its last reporting period. Chief Financial Officer, Robert Day, discusses the company's profitability through the acquisition of revenue-accretive and profitable companies. Futuris is looking to acquire more companies and has a Regulation A offering to raise additional capital.

Positive

• Futuris reported revenues of over $40 million and a net profit of $2.9 million, indicating strong financial performance.
• Futuris has successfully grown through the acquisition of eleven companies, which are now consolidated into seven subsidiaries.
• Futuris expects additional revenues from its two companies in the medical staffing field, HEALTHHR and INSIGMA, in the next reporting period.
• Futuris is raising additional capital through a Regulation A offering, providing potential growth opportunities.

Negative

• None.

ROCKVILLE, MD / ACCESSWIRE / October 23, 2023 / Futuris Company (FTRS) is publicly listed on the OTC. As of its last reporting period, 7/31/23, the company reported revenues of over $40 million and a net profit of $2.9 million. In this recorded webinar, Chief Financial Officer, Robert Day, discusses how Futuris has achieved this profitability through the acquisition of additional revenue-accretive and profitable companies. Robert also updates us on recent company milestones and talks about his confidence in the future of the company.

https://vimeo.com/873556223?share=copy

A Strategy Of Growth Through Acquisition

Futuris' strategy is to grow through acquiring other profitable HCM companies. Futuris has now acquired eleven companies that are now consolidated into seven subsidiaries and is looking to acquire more. The company now has two companies in the medical staffing field, HEALTHHR and INSIGMA and expects them to contribute to additional revenues in the next reporting period.

Futuris Is Raising Additional Capital

Futuris also has a Regulation A offering in process to raise additional capital. For more information about investing in the company's Regulation A offering go to the web page www.InvestInFuturis.com or contact your investment advisor or broker to invest in Futuris OTC stock (FTRS). You could lose some or all of your investment, so be sure and read our Offering Circular to see the risk factors:

https://www.sec.gov/Archives/edgar/data/1041633/000121390023081237/ea186414-1apos_futurisco.htm

About Futuris Company

Futuris is a Human Capital Management (HCM) company focused on Executive Search, Staffing, Consulting services, and Tech Services specializing in verticals such as Medical, Information Technology, Recruitment Process Outsourcing (RPO), and Legal. The Company is committed to building a global HCM company through highly targeted and revenue-accretive acquisitions and operational efficiencies.

Forward-Looking Statements:

Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the ability to successfully integrate acquired companies, overall economic conditions, the ability to find qualified personnel, and the ability to find new clients. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our business and although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The Company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof.

For more information, please visit https://www.InvestInFuturis.com

Contact Details:

Futuris Company (FTRS)

info.it@futuris.company

Website: www.InvestInFuturis.com

Twitter: http://www.twitter.com/futuriscompany

Investor relations: gene@investinfuturis.com or 310-871-3668

SOURCE: FUTURIS CO.
via PRISM Mediawire, LLC

View source version on accesswire.com:
https://www.accesswire.com/795678/a-webinar-with-robert-day-futuris-company-cfo

FAQ

What were Futuris' revenues and net profit in the last reporting period?

Futuris reported revenues of over $40 million and a net profit of $2.9 million.

How has Futuris achieved profitability?

Futuris has achieved profitability through the acquisition of revenue-accretive and profitable companies.

How many companies has Futuris acquired?

Futuris has acquired eleven companies, which are now consolidated into seven subsidiaries.

What is Futuris' strategy for growth?

Futuris' strategy for growth is to acquire other profitable HCM companies.

What is Futuris' plan to raise additional capital?

Futuris has a Regulation A offering in process to raise additional capital.

Where can I find more information about investing in Futuris' Regulation A offering?

For more information about investing in Futuris' Regulation A offering, visit the web page www.InvestInFuturis.com or contact your investment advisor or broker.