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Endexx Corporation Reports Substantial Financial Growth and Market Expansion in Annual Financial Results

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Endexx (EDXC) has reported substantial financial growth and market expansion in its annual financial results for the fiscal year ending September 30, 2023. The company achieved a remarkable revenue increase of $3,908,385 in 2023, up 83% from the previous year. Endexx also expanded its global footprint, with notable revenue contributions from Italy. The company's total assets stood at $10,328,161, showcasing effective asset management practices. Endexx is dedicated to sustaining its growth trajectory through strategic marketing, product innovation, and international market expansion.
Endexx (EDXC) ha riferito una sostanziale crescita finanziaria ed espansione del mercato nei suoi risultati finanziari annuali per l'anno fiscale conclusosi il 30 settembre 2023. La società ha registrato un notevole aumento delle entrate pari a $3,908,385 nel 2023, con un incremento dell'83% rispetto all'anno precedente. Endexx ha inoltre espanso la sua presenza globale, con contributi significativi al fatturato provenienti dall'Italia. Gli asset totali dell'azienda ammontavano a $10,328,161, dimostrando pratiche efficaci di gestione degli asset. Endexx è impegnata a mantenere la sua traiettoria di crescita attraverso marketing strategico, innovazione di prodotto ed espansione nel mercato internazionale.
Endexx (EDXC) ha reportado un sustancial crecimiento financiero y expansión de mercado en sus resultados financieros anuales para el año fiscal que terminó el 30 de septiembre de 2023. La empresa logró un notable aumento en los ingresos de $3,908,385 en 2023, un 83% más que el año anterior. Endexx también expandió su huella global, con contribuciones destacadas al ingreso desde Italia. Los activos totales de la empresa fueron de $10,328,161, demostrando prácticas efectivas en la gestión de activos. Endexx está dedicada a sostener su trayectoria de crecimiento a través de marketing estratégico, innovación de productos y expansión en mercados internacionales.
Endexx (EDXC)는 2023년 9월 30일로 끝나는 회계 연도의 연간 재무 결과에서 상당한 재정 성장과 시장 확장을 보고했습니다. 회사는 2023년에 전년 대비 83% 증가한 $3,908,385의 매출 증가를 달성했습니다. Endexx는 또한 이탈리아에서의 주목할만한 수익 기여와 함께 글로벌 입지를 확장했습니다. 회사의 총 자산은 $10,328,161에 달해 효과적인 자산 관리 관행을 보여주었습니다. Endexx는 전략적 마케팅, 제품 혁신 및 국제 시장 확장을 통해 성장 궤도를 지속할 것에 전념하고 있습니다.
Endexx (EDXC) a rapporté une croissance financière substantielle et une expansion du marché dans ses résultats financiers annuels pour l'exercice se terminant le 30 septembre 2023. L'entreprise a réalisé une augmentation remarquable de ses revenus de $3,908,385 en 2023, soit une hausse de 83% par rapport à l'année précédente. Endexx a également élargi son empreinte mondiale, avec des contributions notables aux revenus provenant d'Italie. Les actifs totaux de l'entreprise s'élevaient à $10,328,161, démontrant des pratiques efficaces de gestion des actifs. Endexx est dédiée à maintenir sa trajectoire de croissance à travers le marketing stratégique, l'innovation de produit et l'expansion sur les marchés internationaux.
Endexx (EDXC) hat beachtliches finanzielles Wachstum und Markterweiterung in seinen jährlichen Finanzergebnissen für das Geschäftsjahr bis zum 30. September 2023 gemeldet. Das Unternehmen erreichte einen bemerkenswerten Umsatzanstieg von $3,908,385 in 2023, was einem Anstieg von 83% gegenüber dem Vorjahr entspricht. Endexx hat auch seinen globalen Fußabdruck erweitert, mit nennenswerten Umsatzbeiträgen aus Italien. Die Gesamtaktiva des Unternehmens standen bei $10,328,161 und zeigten effektive Vermögensverwaltungspraktiken. Endexx ist bestrebt, seine Wachstumskurve durch strategisches Marketing, Produktinnovation und internationale Markterweiterung aufrechtzuerhalten.
Positive
  • Endexx (EDXC) achieved a remarkable revenue increase to $3,908,385 in 2023, up from $2,138,010 in 2022, marking an 83% year-over-year growth.
  • The company significantly expanded its presence in international markets, with notable revenue contributions from Italy, which accounted for 48% of total revenues.
  • Total assets stood at $10,328,161 as of September 30, 2023, reflecting effective asset management.
  • Endexx is focused on sustaining its growth trajectory through strategic marketing, continuous product innovation, and expanding its international market presence.
Negative
  • None.

CAVE CREEK, AZ, April 18, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Endexx Corporation (OTC: EDXC), a leading developer of plant-based lifestyle products, today reported a significant increase in revenue and expansion into new global markets for the fiscal year ending September 30, 2023. Report Here: https://bit.ly/EDXCreport

Financial and Operational Highlights:

Robust Revenue Growth: Endexx achieved a remarkable revenue increase to $3,908,385 in 2023, up from $2,138,010 in 2022, marking an 83% year-over-year growth. This growth reflects strong market demand and the effectiveness of the company's strategic initiatives.

Expanded Global Footprint: The company has significantly expanded its presence in international markets, with notable revenue contributions from Italy, which accounted for 48% of total revenues. Continued strong performance in the U.S. and Russia further demonstrates Endexx's broad international appeal and successful market penetration strategies.

Detailed Financial Review:

Asset Management: Total assets stood at $10,328,161 as of September 30, 2023. Effective inventory and strategic financial instrument management underlined the company’s commitment to maintaining a solid operational base to support growth.

Liability Oversight: The company reported a structured approach to managing its liabilities, focusing on strategic financial planning and sustainable growth.

Forward Outlook:

Endexx is committed to sustaining its growth trajectory and enhancing shareholder value through strategic marketing, continuous product innovation, and expanding its international market presence. The company remains focused on leveraging its robust financial position to explore new opportunities and achieve its strategic goals.

About Endexx Corporation

Endexx Corporation is responsible for developing and distributing an all-encompassing suite of all-natural, plant-derived wellness and topical skincare products. We aim to foster unparalleled skin health and grooming wellness, backed by a decade of clinical research and breakthrough innovation. www.endexx.com

About HYLA

HYLA stands distinguished in the wellness landscape, offering avant-garde non-nicotine, guarana, and L-Dopa-based vape products, acclaimed for an unparalleled 4,500 puffs per device. Pioneering within the U.S., HYLA is set on a robust global expansion, primed for continued ascendancy. www.tryhyla.com

Safe Harbor Statement

This press release contains information about what we predict our financial performance and business will look like in the future. Our forecasts are based on current estimations, projections, and expectations, but it is important to note that they do not guarantee future outcomes. The predictions we make can be subject to significant risks and uncertainties, which may cause actual results to differ from what is anticipated in the statements. It is important to note that the Company assumes no obligation to update any forward-looking statements if new information, future events, or developments arise.

For further information, please contact:
Endexx Corporation
IR@Endexx.com


FAQ

What was Endexx 's revenue increase in 2023?

Endexx achieved a revenue increase to $3,908,385 in 2023, up 83% from the previous year.

Which country accounted for notable revenue contributions for Endexx ?

Italy accounted for 48% of Endexx 's total revenues.

What were Endexx 's total assets as of September 30, 2023?

Endexx 's total assets stood at $10,328,161 as of September 30, 2023.

How is Endexx planning to sustain its growth trajectory?

Endexx is focused on sustaining its growth trajectory through strategic marketing, continuous product innovation, and expanding its international market presence.

ENDEXX CORP

OTC:EDXC

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About EDXC

cbd unlimited provides only the highest quality m3cbd® hemp based nutritional extracts that are rich in non-psychoactive phyto-cannabinoids and terpenoids, and are formulated to the highest standard of purity and “serving or mg”(milligram) accuracy. cbd unlimited also provides equipment to suit your needs, including m3vape® starter kits and accessories. at cbd unlimited we strive to develop delivery methods and formulations that enhance bioavailability, are cost effective, affordable and offer the most rewarding experience to our customers and users. our mission is to deepen and share the understanding of the state of the science of cannabinoids. we support research and case studies in collaboration with medical professionals and institutions.