Trucept Inc. Announces First Quarter 2021 Results
Trucept Inc. (OTC Pink: TREP) reported Q1 2021 revenues of $3.8 million, marking a 48.76% increase year-over-year and maintaining profitability for consecutive quarters. CEO Norman Tipton expressed satisfaction with the results, highlighting progress on financial audits to enable uplisting on the OTCQB. The company’s professional services portfolio includes marketing, insurance, payroll, human resources, employee benefits, accounting support, and safety management, aimed at helping businesses navigate growth.
- Q1 2021 revenues increased by 48.76% year-over-year to $3.8 million.
- The company has achieved consecutive quarters of profitability.
- Progress on financial audits may allow for uplisting on the OTCQB.
- None.
Trucept Inc. (OTC Pink: TREP) has released its updated financials for Q1 2021. The company has experienced another consecutive quarter of profitability, as Trucept reported revenues of
CEO Norman Tipton said he extremely pleased with the results. “We are in an exciting period for Trucept,” he said. “Our core business and subsidiaries continue to thrive and we are making progress on financial audits which will allow the company to uplist on the OTCQB.”
PROFESSIONAL SERVICES
Trucept’s professional services help businesses navigate growth. The company’s professional services now encompass the following:
- Marketing, technology, and Accessibility Act compliance services
- Insurance offerings and third-party administrator (TPA) services
- Payroll
- Human resources and management
- Employee benefits administration
- Accounting support
- Safety and risk management
About Trucept Inc.
Trucept Inc. helps organizations focus on growing their business. With a dedicated suite of powerful tools and services designed to put business owners in charge of running their businesses, Trucept tackles a variety of administrative needs and provides a host of value-added advantages. The company offers expert business services in the form of payroll, human resources and management, employee benefits, accounting support, safety and risk management, and marketing and technology services. For more information, call 858-798-1620 or visit https://truceptservices.com/.
Disclaimer
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management’s current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company’s expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company’s success are more fully disclosed in the Company’s most recent public filings with the U.S. Securities and Exchange Commission (“SEC”), including its annual report on Form 10-K.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210521005080/en/
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