Last Years Results:
(Stockgroup(TM) reported Q4 revenue of US$1,795,813, up 31.6% over previous year, with earnings of US$58,717, up 45.5% over previous year. The Company ended its fiscal 2005 with US$6,099,528 in revenue, an improvement of 26.5% over fiscal 2004. It posted a loss of US$58,590, primarily due to a one-time settlement with its data vendors, reported in Q3 2005. The Company generated US$555,114 of positive operating cash flow and ended the year with US$2,056,761 in cash and cash equivalents.)
With the recent Aqusition :
( Stockgroup Closes Acquisition of Wireless Financial Data Company
09:02 EST Wednesday, February 07, 2007
NEW YORK, NEW YORK--(CCNMatthews - Feb. 7, 2007) - Stockgroup Information Systems Inc. (OTCBB:SWEB)(TSX VENTURE:SWB), a financial media company, today announced that it has closed the acquisition of the Mobile Finance Division of TeleCommunication Systems, Inc., an Annapolis, Maryland based provider of wireless data solutions.
"We are pleased to have completed this transaction and welcome our esteemed new customers, employees and partners," said Marcus New, President and CEO of Stockgroup.
The terms of the acquisition and benefits to our shareholders were detailed in a previous press release distributed January 25, 2007. Further information regarding the acquisition can be obtained by visiting www.stockgroup.com.)
:which we won't see earnings for in this quarter things are going very well for the second most popular financial website in Canada.
I amazed that the investors and posters on SNO-V and TAH are not buying up shares in the company the post all their thoughts and opinoins on SWB-V StockGroup/StockHouse.
It might do them well to check into SWB-V especially the Tahara shareholders I don't think StockGroup will be seeing any Reverse splits like Tahara did.
Not to mention StockGroup has a relationship with Microsoft and Cramer