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Bravada continues to perform in all business areas
28
Apr '12
BRAVADA International Ltd. announced that it achieved another record quarter in Q1 2012 with revenue of $773,179.59 for the first three months of 2012, an increase of 21.63% quarter over quarter and a profit for the quarter of $9,697.69. This is significant in that the last three months of the calendar year (October – December) are regarded as the strongest months from a seasonal sales perspective.

In addition, advertising expense decreased by $2,214.77 while revenue increased $137,504.80 in Q1 2012 as compared with Q4 2011. This reflects strong organic growth as well as further efficiencies in BRAVADA's overall business and its operating segments.

“We continue to execute in all areas of our business,” replied Danny Alex, CEO of BRAVADA. “Sales of our women's leggings, bodysuits, jumpsuits and other leg fashion products continued to grow across all our operating entities.

In Q1 2012, no new revenue sources were added so our revenue increase shows our ability to grow revenue within our existing business segments. We expect to continue expanding our retail foot print as well as introduce additional cost efficiencies throughout 2012. I believe this is only the mere beginning of what BRAVADA can achieve on a go forward basis.”

BRAVADA owns and operates World of Leggings, WorldofLeggings.com, BravadaWomen.com and OnlyLeggings.com. World of Leggings is a real world leggings superstore that specializes in all styles of leggings, tights and bodysuits.

BRAVADA International Ltd

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