Interviews
News Flash
OmniaLuo revenue up 87% to $5 mn in Q3
18 Nov '08
4 min read
OmniaLuo reported net income of approximately $1.2 million for the quarter ended September 30, 2008, compared to net income of approximately $0.6 million for the quarter ended September 30, 2007 - a 100% increase. The Company reported net income of approximately $2.4 million for the nine months ended September 30, 2008, compared to approximately $1.1 million for the nine months ended September 30, 2007 - a 118% increase.
Based on the weighted average number of shares outstanding of 22,840,000 as of September 30, 2008, OmniaLuo had net income of approximately $0.05 per share for the quarter ended September 30, 2008, as compared to net income of approximately $0.04 per share for the quarter ended September 30, 2007. OmniaLuo reported net income of approximately $0.11 per share for the nine months ended September 30, 2008, as compared to $0.07 for the nine months ended September 30, 2007 - 56% increase.
As of September 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.
Based on the weighted average number of shares outstanding of 22,840,000 as of September 30, 2008, OmniaLuo had net income of approximately $0.05 per share for the quarter ended September 30, 2008, as compared to net income of approximately $0.04 per share for the quarter ended September 30, 2007. OmniaLuo reported net income of approximately $0.11 per share for the nine months ended September 30, 2008, as compared to $0.07 for the nine months ended September 30, 2007 - 56% increase.
As of September 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
Popular News
Leave your Comments
Editor’s Pick
Therese Premler-Andersson
Textile Machinery Association of Sweden (TMAS)
Dr. Michael Duetsch & Man Woo Lee
UPM Biochemicals and Dongsung Chemical
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
