STOCK TITAN

GPOPlus+ Announced it Filed its Fiscal Q3 2022 Quarterly Report on Form 10-Q

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

GPOX reported a quarterly revenue of $397,094, bringing year-to-date earnings to $995,813, reflecting a significant 160% growth compared to the 2021 Q3 year-to-date revenue of $622,384. The report was filed with the SEC for the fiscal third quarter ending January 31, 2022. CEO Brett Pojunis highlighted the company's momentum, underscoring a solid foundation with growing revenues and new product developments.

Positive
  • Quarterly revenue increased to $397,094.
  • Year-to-date revenue reached $995,813.
  • Growth of 160% compared to Q3 2021 YTD revenue of $622,384.
Negative
  • None.

GPOX reports quarterly revenue of $397,094 and the year to date is $995,813 with increased growth of 160% compared to 2021 Q3 YTD revenue of $622,384

LAS VEGAS, NV, March 21, 2022 (GLOBE NEWSWIRE) -- GPO Plus, Inc. (OTCQB: GPOX), a publicly traded company of diversified industry-specific Group Purchasing Organizations (GPOs), today announced the Company has filed with the Securities and Exchange Commission (“SEC”) its Quarterly Report on Form 10-Q for its fiscal third quarter ended January 31, 2022 (“Q3”).

A copy of the Quarterly Report on Form 10-Q is available to be viewed or downloaded at www.GPOPlus.com/ir in the GPOX Investor Portal. Through the GPOX Investor Portal, shareholders can schedule a call with a Shareholder Success Team Member to learn more about the company, sign up for alerts, and more.

GPOX Quarterly Growth (historical numbers in thousands):

  • $0                   10-K for the fiscal year ended: April 30, 2020 (pre-revenue)
  • $6,338            10-Q for the fiscal quarterly period ended July 31, 2020 (Q1 2020)
  • $24,289         10-Q for the fiscal quarterly period ended October 31, 2020 (Q2 2020)
  • $591,757       10-Q for the fiscal quarterly period ended January 31, 2021 (Q3 2021)
  • $204,347       10-K for the fiscal year ended: April 30, 2021
  • $369,558       10-Q for the fiscal quarterly period ended July 31, 2021 (Q1 2021)
  • $229,161       10-Q for the fiscal quarterly period ended October 31, 2021 (Q2 2020)
  • $397,094       10-Q for the fiscal quarterly period ended January 31, 2021 (Q3 2021)

“We are excited to report quarter over quarter continued growth since we became publicly traded,” said Brett H. Pojunis, CEO of GPOX. Pojunis continued, “we now have our team in place, products that are in demand, revenue growth, new products in development; that is a great foundation upon which to build our future.”

Please connect with us on social media to view live video updates, content, and general information about GPOX and its GPOs: https://gpoplus.com/social.

Sign up for your FREE account on the GPOX Investor Relations Portal:
Once you Activate your GPOX Investor Account you will have immediate access to real time information available on GPOX. Sign up for alerts (email and SMS) to be the first to know about news, SEC Filings, Investor Events, updated Investor Presentations, and more: www.GPOPlus.com/ir.

About GPOPlus+ (GPOX)

Headquartered in Las Vegas, Nevada, GPOPlus+ (OTCQB: GPOX) is a publicly traded company of diversified industry-specific Group Purchasing Organizations (GPOs).

Our Purpose is to create efficient GPOs and our Mission is to create value for our GPO Members, partners, and suppliers while creating long term shareholder value.

Our Mantra:
We Aggregate, Negotiate + Share!

  • Aggregate - We aggregate the purchasing power of our Members.
  • Negotiate - We leverage buying power to negotiate discounts.
  • Share - We share the discounts with our Members and save them money.

For more information, please visit www.GPOPlus.com. To activate your free GPOX Investor Account at www.GPOPlus.com/ir.

Information about Forward-Looking Statements

This press release contains “forward-looking statements” that include statements regarding expected financial performance and growth information relating to future events. Forward-looking statements include statements with respect to beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond the control of the Company and its officers and managers, and which may cause actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. Important factors that could cause these differences include but are not limited to; inability to gain or maintain licenses, reliance on unaudited statements, the Company’s need for additional funding, governmental regulation of the cannabis industry, the impact of competitive products and pricing, the demand for the Company’s products, and other risks that are detailed from time-to-time in the Company’s filings with the United States Securities and Exchange Commission.  All statements other than statements of historical fact are statements that could be forward-looking statements. You can typically identify these forward-looking statements through use of words such as “may,” “will,” “can” “anticipate,” “assume,” “should,” “indicate,” “would,” “believe,” “contemplate,” “expect,” “seek,” “estimate,” “continue,” “plan,” “point to,” “project,” “predict,” “could,” “intend,” “target,” “potential,” and other similar words and expressions of the future. The Company expresses its expectations, beliefs and projections in good faith and believes that its expectations reflected in these forward-looking statements are based on reasonable assumptions. However, there is no assurance that these expectations, beliefs and projections will prove to have been correct. Such statements reflect the current views of the Company with respect to its operations and future events, and are subject to certain risks, uncertainties and assumptions relating to its proposed operations, including the risk factors set forth herein. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, the Company’s actual results may vary significantly from those intended, anticipated, believed, estimated, expected or planned. In light of these risks, uncertainties and assumptions, any favorable forward-looking events discussed herein might not be realized and occur. The Company has no obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. For a more detailed description of the risk factors and uncertainties affecting GPO Plus, Inc. GPOX, please refer to the Company’s recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Shareholder Sucess Team + Investor Relation Contacts:

Investor, Media + Press Contacts:
King Tide Media LLC
Delray Beach Fl
Phone Number: 561.903.0007

Shareholder Success Team + Investor Inquiries:
Brett H. Pojunis, CEO
Email: ir@gpoplus.com  
Shareholder’s Line: 855.935.GPOX (4769)

Attachment


FAQ

What were GPOX's quarterly earnings for Q3 2022?

GPOX reported quarterly earnings of $397,094 for Q3 2022.

How much revenue has GPOX earned year-to-date?

GPOX's year-to-date revenue stands at $995,813.

What is the growth percentage of GPOX compared to last year?

GPOX experienced a 160% growth compared to the 2021 Q3 year-to-date revenue.

When was GPOX's quarterly report filed with the SEC?

GPOX's quarterly report was filed with the SEC for the fiscal third quarter ended January 31, 2022.

GPO PLUS INC

OTC:GPOX

GPOX Rankings

GPOX Latest News

GPOX Stock Data

2.89M
42.27M
26.66%
Specialty Business Services
Industrials
Link
United States of America
Las Vegas