IDenta Corp Reports Third Quarter 2024 Results with 100% Increase in Sales
IDenta Corp (OTCQB: IDTA), a leader in Field Detection and Home Diagnostic Testing Kits, reported strong Q3 2024 results with a 100% year-over-year revenue increase to $366,870. The company's financial performance showed significant improvements across all metrics, with gross profit rising to $274,542 and operating profit reaching $100,295, compared to a loss in Q3 2023. Net profit turned positive at $102,344, reversing the previous year's loss. Cash and cash equivalents strengthened to $469,615, up from $259,953 in Q3 2023.
IDenta Corp (OTCQB: IDTA), un leader nel settore della Rilevazione sul Campo e dei Kit di Diagnosi Domestica, ha riportato risultati notevoli per il terzo trimestre 2024, con un aumento dei ricavi del 100% anno su anno fino a 366.870 dollari. Le performance finanziarie dell'azienda hanno mostrato miglioramenti significativi in tutti i parametri, con il profitto lordo che è salito a 274.542 dollari e il profitto operativo che ha raggiunto i 100.295 dollari, rispetto a una perdita nel terzo trimestre 2023. Il profitto netto è tornato positivo a 102.344 dollari, invertendo la perdita dell'anno precedente. La liquidità e le disponibilità liquide sono aumentate a 469.615 dollari, rispetto ai 259.953 dollari del terzo trimestre 2023.
IDenta Corp (OTCQB: IDTA), un líder en Detección de Campo y Kits de Diagnóstico Doméstico, reportó resultados sólidos para el tercer trimestre de 2024, con un aumento de ingresos del 100% interanual hasta 366,870 dólares. El desempeño financiero de la compañía mostró mejoras significativas en todas las métricas, con una ganancia bruta que ascendió a 274,542 dólares y una ganancia operativa que alcanzó los 100,295 dólares, en comparación con una pérdida en el tercer trimestre de 2023. La ganancia neta se volvió positiva en 102,344 dólares, invirtiendo la pérdida del año anterior. El efectivo y equivalentes de efectivo se fortalecieron hasta 469,615 dólares, en comparación con 259,953 dólares en el tercer trimestre de 2023.
IDenta Corp (OTCQB: IDTA)는 현장 탐지 및 가정 진단 테스트 키트의 선두주자로서 2024년 3분기 실적을 발표하며 전년 대비 매출이 100% 증가해 366,870달러에 이르렀습니다. 회사의 재무 성과는 모든 지표에서 큰 개선을 보여주었으며, 총이익이 274,542달러로 증가하고 운영이익이 100,295달러에 도달했습니다. 이 결과는 2023년 3분기 손실과 비교됩니다. 순이익은 102,344달러로 긍정적 변화를 보였으며, 이전 해의 손실을 반전시켰습니다. 현금 및 현금성 자산은 2023년 3분기의 259,953달러에서 469,615달러로 증가했습니다.
IDenta Corp (OTCQB: IDTA), leader dans la détection sur le terrain et les kits de diagnostic à domicile, a annoncé de solides résultats pour le troisième trimestre 2024, avec une augmentation des revenus de 100 % par rapport à l'année précédente atteignant 366 870 dollars. La performance financière de l'entreprise a montré des améliorations significatives sur tous les indicateurs, avec un bénéfice brut atteignant 274 542 dollars et un bénéfice opérationnel de 100 295 dollars, contre une perte au troisième trimestre 2023. Le bénéfice net est devenu positif à 102 344 dollars, inversant la perte de l'année précédente. Les liquidités et équivalents de liquidités ont augmenté pour atteindre 469 615 dollars, contre 259 953 dollars au troisième trimestre 2023.
IDenta Corp (OTCQB: IDTA), ein führendes Unternehmen im Bereich der Feldmessung und Heimdiagnosetests, hat starke Ergebnisse für das 3. Quartal 2024 veröffentlicht, mit einem Umsatzanstieg von 100 % im Jahresvergleich auf 366.870 USD. Die finanzielle Leistung des Unternehmens zeigte signifikante Verbesserungen in allen Kennzahlen, mit einem Bruttogewinn von 274.542 USD und einem Betriebsergebnis von 100.295 USD, verglichen mit einem Verlust im 3. Quartal 2023. Der Nettogewinn wurde positiv und betrug 102.344 USD, wodurch der Verlust des Vorjahres umgekehrt wurde. Die liquiden Mittel und Zahlungsmitteläquivalente stiegen auf 469.615 USD, verglichen mit 259.953 USD im 3. Quartal 2023.
- Revenue doubled to $366,870 in Q3 2024 from $173,451 in Q3 2023
- Gross profit increased to $274,542 from $133,168 year-over-year
- Operating profit improved to $100,295 from a loss of $27,899
- Net profit turned positive at $102,344 from a loss of $22,837
- Cash position strengthened to $469,615 from $259,953
- None.
Mr. Amichai Glattstein, Chief Executive Officer, commented: "Under our strategic guidance, IDenta has not only expanded its market share but also introduced groundbreaking innovations that have captured the attention of customers. We've strategically invested in product development, expanded our customer reach, and streamlined operations, and the results are clear. As we look ahead, we remain confident in our ability to sustain this momentum and deliver long-term value to our shareholders and customers. Improved gross margins and operating efficiencies, driving both top-line and bottom-line growth".
Highlights of the Third Quarter of 2024 compared to the Third Quarter of 2023:
- Doubling revenues for the third quarter of 2024 were
$366,870 compared to revenues of$173,451 in the third quarter of 2023. - Gross profit increased to
$274,542 $133,168 - Operating profit is
$100,295 $27,899 - Net profit for the third quarter of 2024 was
$102,344 compared to net profit of ($22,837 - Cash and cash equivalents increased to
$469,615 $259,953
About IDenta Corp.
IDenta Corp. is a global leader in the development and supply of Field Detection and Home Diagnostics Testing Kits for Drugs & Explosives and Unique Forensic Products in the Homeland Security and Consumer Markets. IDenta develops, manufactures and distributes revolutionary products for both the professional Law and Retail markets which consistently pass the highest qualifications and testing procedures of law enforcement and security agencies around the world. For more information, please visit at www.identa-corp.com and www.touch-know.com or follow us on social media.
Safe Harbor Statement
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements" that are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.
Company Contact Information:
Public Relations
Tel: (240) 545-6646
E: pr@identa-corp.com
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SOURCE IDenta Corp.
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