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Metatron/i-Mobilize Announces Record 2013 Revenue and Profit
|By Marketwired .
|March 31, 2014 09:20 AM EDT
DOVER, DE -- (Marketwired) -- 03/31/14 -- Metatron, Inc. (PINKSHEETS: MRNJ)
METATRON, Inc., and its mobile app division i-Mobilize, a top digital media developer and distributor with a focus on packaging content for release in digital form that can enable personal transformation, announces its full year operating results for 2013, ending December 31, 2013.
For a second consecutive year, the company produced all-time record revenues and profits. In 2013, Metatron successfully launch more content as "freemium" Mega-Apps into the digital marketplace, while maintaining growth in the usage rate of long running Apps.
2013 Revenue was $730,751, a 27% year-over-year (YOY) increase from 2012 Revenue of $572,391, an all-time record for the company.
2013 Net Income (Profit) was $68,563, a 430% year-over-year (YOY) increase from 2012 Net Income of $12,917.
2013 Expenses were $662,118, an 18% increase from 2012 Expenses of $559,474.
2013 Q4 quarterly revenue $177,256, representing a 14% increase from 2012 Q4 revenue of $155,080.
Metatron's 2013 Annual Report has been published and can be found on the OTC Markets Website.
Our mobile subsidiary, i-Mobilize, has developed and released 2,000+ Apps for sale on the Apple and Google Play App platforms over the last 4 1/2 years. By the end of 2013, the company had 24 Mega and Subscription Apps selling globally, with a diverse portfolio of top content in the self-help, spirituality, travel, entertainment, and fitness genres. The company's top selling App, Relax and Sleep Well by Glenn Harrold, has been downloaded to over 2 million+ distinct users, and the App's footprint is global and growing. To-date, our Apps have generated over $2.0+ million in worldwide sales and have been downloaded over 3.5 million times and updated nearly 3 million times. Ad Impressions, an indicator of revenue earned via advertising, increased from 9.7 million in 2012, to 28.7 million in 2013, a strong 195% increase YOY.
2013 was a record revenue year for Metatron, as much of our "Apped" content maintained high retention rates while demonstrating timeless relevance. Contrary to most new apps, where decay in use is typical over time, our top downloaded apps continued to grow their user base month after month in 2013. Entering 2014, Management continues to expand into new and popular areas of content such as social media and entertainment/video apps. The adoption and use of content in digital form as Apps is in its early days, and a virtual endless amount of content has yet to be released in the preferred app digital format. With nearly 5 years of proven expertise in conceiving, creating, and monetizing apps, Metatron is well positioned to build upon its success in the coming calendar year.
About Metatron, Inc.
Metatron, Inc. is a corporate network of highly-related fast growing multi-sector businesses that transact through the Internet and mobile devices. We harness the power of technology to make people's lives more productive and enjoyable in today's connected world. Metatron companies operate in the hottest business sectors including online dating, credit card processing, next-gen relational database development, search engine advertising optimization, and mobile device applications.
Metatron, Inc. Corporate Website: http://metatroninc.com/
i-Mobilize Website: http://i-mobilize.com
See Metatroninc.com or official blog (http://metatroninc.wordpress.com)
Forward-Looking Statements: Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results of the specific items described in this release, and the company's operations generally, to differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's need for additional financing, which is not assured and which may result in dilution of shareholders, the company's status as a small company with a limited operating history, dependence on third parties and the continuing popularity of the iOS operating system, general market and economic conditions, technical factors, receipt of revenues, and other factors, many of which are beyond the control of the company. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements, and we disclaim any obligation to update information contained in any forward-looking statement.
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