A Florida-based micro cap just announced its third quarter financial results and the highlights are nothing short of spectacular. Per the release, below are the biggest attention-grabbing findings:
- Gross Revenue up 66% in Q 3 of $1,651,215 in 2021 from $993,509 in 2020
- Company's Net loss for Q 3 $48,415 in 2021 cut in half from $102,652 in 2020
- Net Profit of $114,721 year to date in 2021 from a Net loss of $574,596 in 2020
Shares of VPR Brands LP (OTCPK:VPRB) rallied strongly on the news.
VPR Brands LP is engaged in the business of design, market, and distribution of electronic cigarette, personal vaporizer, and electronic cigarette e liquids. The company markets and sells its products under Helium, Honeystick, Crave, Vaporin and Vaporx brand names. The firm has a portfolio of patents including an electronic cigarette, electronic cigar, and personal vaporizer.
Traders were bullish on the news as shares quickly popped up to $0.0525/share (+17.77%) at the session high. This move pushed the price toward the top of the multi-month trading range it has been corralled by since April.
