Revenue Growth
Combined 2024 revenue was $895,000, an increase of $832,000 over 2023, representing revenue growth of 1,321%. Q4 2024 revenue alone was $723,000, an increase of $694,000 over the same period last year, representing growth of almost 2,400%.
Debt-Free Balance Sheet
The company has paid off all its debt, redeemed all previously issued preferred shares, and restructured its balance sheet. Shareholder equity went from almost $2 million negative in June 2023 to more than $16 million positive in December 2024.
Successful Financing Strategy
The company used Reg A to structure capital raise initiatives, avoiding predatory hedge-fund investors and allowing them to issue straight common shares, priced at-the-market, with no warrant coverage and no investment banking fees.
Launch of New Ventures
Introduction of new business units like VANITY Prescribed and GO FUND YOURSELF, showing significant growth potential. GO FUND YOURSELF generated $25,000 in Q3 and $233,000 in Q4.
AI Integration
The acquisition of LyveCom's AI technology is expected to reduce operational costs by approximately $1 million per year and enhance the platform's capabilities.