Cleartronic, Inc. Reports Earnings Results for the Second Quarter Ended March 31, 2020
May 15, 2020 at 09:00 pm
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Cleartronic, Inc. announced earnings results for the second quarter ended March 31, 2020. For the second quarter, the company announced sales was USD 516,107 compared to USD 279,003 a year ago. Net income was USD 5,813 compared to net loss of USD 149,126 a year ago. For the half year, sales was USD 943,902 compared to USD 470,335 a year ago. Net loss was USD 31,371 compared to USD 260,286 a year ago.
Cleartronic, Inc. is a diversified holding company that creates and acquires operating subsidiaries to manufacture and sell products, services, and integrated systems to governmental agencies, private and not-for-profit business enterprises, and the general public. The Company operates through its wholly owned subsidiary, ReadyOp Communications, Inc. (ReadyOp). ReadyOp facilitates the marketing and sales of subscriptions to the ReadyOp and ReadyMed platform and the AudioMate IP gateways. ReadyOp is a Web-based planning, communications and operations platform for planning, managing, communicating, and directing operations and emergency response. ReadyOp is used by local, state and federal government agencies, corporations, school districts, utilities, hospitals and others to manage and report daily operations. ReadyMed is a Web-based secure communications platform designed for the healthcare industry. It also offers Internet protocol (IP) gateways branded as AudioMate 360 IP Gateway.