Tuesday, 21 January 2014

YANGAROO Fourth Quarter Sets New Sales Record - Over $1 Million In Revenue

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YANGAROO announced today that for the first time in the company’s history, it surpassed $1 million for revenue in a quarter. According to the news release, this sales milestone was led by the “Advertising Division”, which brought in 15 new clients and brands during the quarter. The “Music Division” also saw new revenues from Sean “Diddy” Comb’s new music television network Revolt, and there was continued growth in revenues from YANGAROO’s “Awards Division”.

Yangaroo management has publicly stated that it expected the company to be cash flow positive in the fourth quarter. This achievement is very possible if the fourth quarter’s Operating Expenses are in line with the last quarter, which was reported as $1,006,602.

To view today’s news release, please click here.


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