Cleartronic, Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2020
August 14, 2020 at 08:32 pm
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Cleartronic, Inc. announced earnings results for the third quarter ended June 30, 2020. For the third quarter, the company announced sales was USD 375,250 compared to USD 365,296 a year ago. Net income was USD 10,966 compared to net loss of USD 19,164 a year ago. For the nine months, sales was USD 1.319 million compared to USD 835,631 a year ago. Net loss was USD 20,405 compared to USD 279,450 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.