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ORCODA LIMITED — Earnings Release 2013
Feb 6, 2014
65482_rns_2014-02-06_7b201fff-6e13-4108-b31d-903800d668a8.pdf
Earnings Release
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7 February 2014
SmartTrans’ MyLife and Digi8 China & Hong Kong January Revenue $316,000, Gross Profit $131,000
SmartTrans saw continued strong performance from its China and Hong Kong online business activities through its MyLife and Digi8 activities in January.
This followed on from good growth in the Quarter ending December 2013, during which this business unit grew its gross revenue to approximately AUD 640,000 for the quarter.
The company focussed on the profitability of its online business activities in China and Hong Kong, with the MyLife and Digi8 online businesses achieving Gross Revenue of AUD316,000 with a Gross Profit of approximately AUD 131,000 in January.
SmartTrans shares equally with its partner, Zhenya Tsvetnenko all expenses and profit derived from these business activities.
SmartTrans China and Hong Kong Revenue and Gross Profit
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----- Start of picture text ----- AUD 400,000AUD 350,000AUD 300,000 AUD 98,500AUD 250,000 AUD 131,000AUD 200,000AUD 109,500AUD 150,000AUD 100,000AUD 50,000 AUD 4,800AUD 0Aug-‐13 Sep-‐13 Oct-‐13 Nov-‐13 Dec-‐13 Jan-‐14Expenses Gross Profit CumulaEve Gross Profit----- End of picture text -----
Gross Profit is the profit after deduction of marketing, content provider, billing partner fees and Bitcoin mining fees. SmartTrans is entitled to 50% of the profits from these operations.
With the success of its China and Hong Kong online business services, SmartTrans is applying the earnings from these activities to continue growing its MyLife business by reinvesting its earnings in a further Bitcoin mining contract for resale or retention, marketing of its MyLife applications and the deployment and marketing of its online training services.
_______________________________ For further information contact: Bryan Carr Director SmartTrans Australia 0412 111 968
China +86 138 1188 8401
Beijing Melbourne Sydney P erth 6th Floor, West Tower, Level 1 G.05 Suite 3, Level 1 Prosper Center 10 Queens Road 55 Miller St 614 Newcastle Street 5 Guanghua Road MELBOURNE PYRMONT LEEDERVILLE BEIJING CBD, 100022 VIC 3004 NSW 2009 WA 6007 Ph: +86 (010) 8573 1101 Ph: (03) 9866 7333 Ph: (02) 9660 4564 Ph: (08) 9228 1199