Connect with us

Technology

Ubiquitech Software Corp (OTCMKTS:UBQU) Reports Positive Results From Its Q4 And Year End 2017

Published

on

Ubiquitech Software Corp

Ubiquitech Software Corp (OTCMKTS:UBQU) recently announced results from its fourth quarter and fiscal year-end earnings of 2017. The company reported a drastic increase of revenues from $1.2 million to above $4.5 million with an income net of $352,447 for the year. According to James Ballas CEO of Ubiquitech, the company has sustainably recorded double digit revenue for the last four years and expects to grow even higher in the fiscal year end 2018.

The company was thrilled with continuous growth of its revenues and plans to expand its presence in the cannabis market by adding innovative offerings to its existing product line. With the anticipated launch of CryptoBuy unit, the firm expects to improve its earnings and shareholders’ value in the near future.

Ubiquitech has various subsidiary companies that use advanced internet marketing channels including Direct-Response Television, Radio Web Content, and other traditional marketing strategies to expand its unique products and services to the new and emerging markets in various industries.

The company develops a wide range of Hemp and CBD-based products including CannazALL™ CBD oil product line comprising of CBD Tinctures, e-liquids, GelCaps, Concentrated Oils and CannazALL Pets™ CBD products.

The recent positive news about the revenue growth of the company will encourage investors to take note in strengthening its long-term goals. Last year, Ubiquitech extended its operations in the cannabis industry through its fully-owned subsidiary company; HempLifeToday.com. The company has focused on producing its CannazALL CBD Oil products as part of the strategy to capitalize on the lucrative opportunities in the multi-billion cannabis industry.

Ubiquitech garnered revenues of over $4.5 million in the fourth year consecutively. For instance, the recent fourth quarter results revealed that the firm’s revenue grew to more than $1.2 million. The company expects to grow its revenue particularly after incorporating the cryptocurrency payment option to tap into the market of those who demand alternative payment options for easier transactions.

Advertisement src="//cdn.bannersnack.com/iframe/embed.js">
Advertisement
Advertisement

Title

INDUSTRIAL HEMP3 months ago

Near-Term Headwinds Hit Scotts Miracle-Gro Co (NYSE:SMG) With A Huge Impact

Bank of America Corp (NYSE:BAC) has disclosed that Scotts Miracle-Gro Co (NYSE:SMG) has lately been experiencing several near term risks....

INDUSTRIAL HEMP3 months ago

Argitek Holdings Inc (OTCMKTS:AGTK) To Focus On Acquisition, Revenues & Profitability In 2018

Argitek Holdings Inc (OTCMKTS:AGTK) recently revealed that in 2018, the company’s main focus will be the acquisition, revenues, and profitability....

INDUSTRIAL HEMP3 months ago

PharmaCyte Biotech Inc (OTCMKTS:PMCB) Completes Pore Size Studies & 29 Tests Useful In Pancreatic Cancer Therapy

PharmaCyte Biotech Inc (OTCMKTS:PMCB) has said that the cells it is planning to use in the clinical trial in patients...

INDUSTRIAL HEMP3 months ago

Puration Inc (OTCMKTS:PURA) To Apply For Canadian Recreational Cannabis Cultivation License; To Give EVERx CBD Sports Water Free Samples

Puration Inc (OTCMKTS:PURA) recently announced that it will be applying for the Canadian recreational cannabis cultivation license. The confirmation came...

INDUSTRIAL HEMP3 months ago

Marijuana Company Of America Inc (OTCMKTS:MCOA)’s JV Completes 10,000 Sq. Ft. Greenhouse Set up; Provides Update on Oregon Project

Marijuana Company Of America Inc (OTCMKTS:MCOA) recently announced that its Joint Venture with Bougainville Ventures Inc. based in Washington has...

INDUSTRIAL HEMP3 months ago

Lifestyle Delivery Systems Inc.(OTCMKTS:LDSYF)’s CSPA Group Inc. Receives 15000 Reveur Units & 300 Liters Distillates’ Purchase Orders In Two Different Deals

Lifestyle Delivery Systems Inc. (OTCMKTS:LDSYF) recently made two big announcements related to the receipt of two open purchase orders to...

INDUSTRIAL HEMP3 months ago

Viaderma Inc (OTCMKTS:VDRM) Provides Update On Its Flagship Product Vitastem; Signs $250,000 Agreement With Vage Nigeria Ltd.

Viaderma Inc (OTCMKTS:VDRM), a publicly traded specialty pharmaceutical company recently announced an update on the sales of its flagship product...

INDUSTRIAL HEMP3 months ago

Plandai Biotechnology Inc (OTCMKTS:PLPL) Phytofare Gaining Traction in International Markets

Plandai Biotechnology Inc (OTCMKTS:PLPL) recently issued an update following the successful launch of its Phytofare® supplement. Plandai Biotechnology is a...

INDUSTRIAL HEMP3 months ago

MassRoots Inc (OTCMKTS:MSRT) Issues 2018 Annual Shareholder Letter

MassRoots Inc (OTCMKTS:MSRT) has issued its 2018 Annual Shareholder Letter highlighting on its recent developments as well as its plans...

INDUSTRIAL HEMP3 months ago

Players Network (OTCMKTS:PNTV) Signs Binding Letter Of Intent To Acquire A 56,000-Square-Foot, Fully Operating Greenhouse Complex

Players Network (OTCMKTS:PNTV), a leading integrated and diversified cannabis holding company has announced that it has signed a binding Letter...

Advertisement
Advertisement
Advertisement