VAYK Projects $680K 2024 Revenue with $310K Net Profit
Rhea-AI Summary
Vaycaychella, Inc. (OTC Pink: VAYK) projects $680,000 in revenue for 2024 with an estimated operating profit of $71,000. Additionally, the company expects a net profit of $310,000 after realizing a $320,000 profit from selling legacy assets in Cuba. This marks the second consecutive year of profitability under new management. VAYK has filed a notification of late filing and expects to submit its OTC disclosure by April 15. The formal results may vary but are not expected to deviate substantially from these projections. The release includes a disclaimer highlighting forward-looking statements and associated risks, such as meeting sales expectations, liquidity issues, contract performance, competitive pressures, and the emergence of financially stronger competitors.
Positive
- Projected $680,000 in revenue for 2024.
- Estimated operating profit of $71,000.
- Net profit of $310,000 after selling legacy assets.
- Second consecutive year of profitability under new management.
Negative
- Notification of late filing for OTC disclosure.
In addition, the company realized approximately
This will be the second year in a row that the company is reporting a net profit, since its new management took over.
The company has filed a notification of late filing and is expected to file its OTC disclosure by April 15. The results in its formal disclosure may still vary from projections made hereinabove, but the management of the company do not expect any substantial discrepancy.
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
VAYK Contact:
+1 470-804-7144 Contact@Vaycaychella.com
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SOURCE Vaycaychella, Inc.