Vapor Hub International Inc. (VHUB)
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0.00(3.48%) Nov 24, 3:19PM ESTVapor Hub International Posts Q1 Revenue of $1.37 Million; Profitable One Year After Inception
SIMI VALLEY, Calif., Nov. 20, 2014 /PRNewswire/ -- Vapor Hub International Inc. (VHUB) recently announced the results of its operations for the quarter ended September 30, 2014, including revenue of approximately $1.37 million. The Company posted gross profit of $628,226 and net income of $44,486 for the period.
"We anticipate increasing revenue throughout the balance of 2014," said Kyle Winther, CEO. "We are pleased with these financial results and believe they show both shareholders and potential investors that we are undervalued based on the revenues and profitability we have posted."
About the Company
Vapor Hub International Inc. is a California-based company engaged in the development, production and sales of electronic cigarette products, including high quality e-liquids, custom vaporizers, and unique personal vaporizer modifications. In addition, the Company operates the Vapor Hub Lounge in Simi Valley, California, where customers and potential customers can relax, try the complete line of Vapor Hub products, and receive world-class customer service.
For more information regarding the Company, visit www.vapor-hub.com.
Source/Read more:
- Vapor Hub International Posts Q1 Revenue of $1.37 Million; Profitable One Year After InceptionPR Newswire(Thu, Nov 20)
We agree with the CEO stating-views as undervalued as evidenced by their market cap of 755,000 and low float for a one cent stock.....This low float suggests that when it starts to move, it could run stronger then average.
| Shares Outstanding5: | 68.06M |
| Float: | 30.06M |
Noticing Yahoo stats on them also point to very strong growth:
| Income Statement | |
| Revenue (ttm): | 2.50M |
| Revenue Per Share (ttm): | 0.03 |
| Qtrly Revenue Growth (yoy): | 1,668.50% |
Source: http://finance.yahoo.com/q/ks?s=VHUB+Key+Statistics
Bottom Line: We are montoring closely, especially for a developing a higher low at .01 in light of their most recent, upbeat earnings press release...Debate for potential doubling again on next company PR.
Vapor Hub International is dedicated to deliver a superior and distinctive E- cigarette brand through leading online and retail distribution all supported through low-cost infrastructure, quality production and efficient supply chain systems all geared towards to driving significant value for its shareholders.We are committed to establishing and maintaining mutually beneficial and rewarding relationship with all our business partners – employees, franchisees, suppliers and customers. Our mission is to become a market leader in the emerging cigarette and "vaping" industry and, in doing so, create value for all shareholders.Here in California if we don't like something -we change it – It's just how we do things. It's the reason Kyle Winther manufactured his first Mod, and why Vapor Hub Group has made a promise to deliver only the best quality California manufactured products that reflect a quality craftsmanship that goes into each of our original American made Vape Mechanical Mods and custom E-Liquid blends.
Disclosure:
Greenbackers is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to its readers.
While the majority of our stock mentions are unbiased, Greenbackers is compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about from time to time
Greenbackers was compensated from a third party in the amount of $500.00 to assist in expanding awareness with VHUB
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