Women's apparel company OmniaLuo revenue up by 98%

19 Aug '08

4 min read

OmniaLuo reported net income of approximately $0.75 million for the quarter ended June 30, 2008, compared to net income of approximately $0.4 million for the six months ended June 30, 2007 – a 73% increase. The Company reported net income of approximately $1.2 million for the six months ended June 30, 2008, compared to approximately $0.5 million for the six months ended June 30, 2007 – a 136% increase.

Based on the weighted average number of shares outstanding of 22,840,000 as of June 30, 2008, OmniaLuo had net income of approximately $0.03 per share for the quarter ended June 30, 2008, as compared to net income of approximately $0.03 per share for the quarter ended June 30, 2007. OmniaLuo reported net income of approximately $0.05 per share for the six months ended June 30, 2008, as compared to $0.03 for the six months ended June 30, 2007 – a 66% increase.

As of June 30, 2008, a total of 28,544,752 shares of common stock were issued and outstanding on a fully diluted basis included: 1) 22,840,000 issued and outstanding shares, 2) 4,920,000 shares issuable upon exercise of private placement investor warrants, 3) 492,000 shares issuable upon exercise of placement agent warrants and 4) 292,752 shares issuable upon exercise of venture capital investor warrants.

OmniaLuo Inc

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