Sonomax first quarter net revenue decreases to $149,726

May 29 2012

Sonomax Technologies Inc. ("Sonomax" or the "Company") (TSX Venture: SHH) today disclosed its results for the three-month period ended March 31, 2012.

First Quarter 2012 highlights were:

  • Increase in operating expenses due to increased marketing and product development efforts to $1,429,820 in 2012 compared to $1,288,568 in 2011
  • Decrease in net revenue to $149,726 in 2012 from $156,584 in 2011.
  • Gross profit was $7,303 in 2012 compared to gross profit of $4,926 in 2011.      
Source:

Sonomax Technologies Inc.    

Posted in: Business / Finance

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