AMERI Holdings Announces Financial Results for Q1 2017

Forward-Looking Statements

This press release includes forward-looking statements that relate to the business and expected future events or future performance of Ameri100 and involve known and unknown risks, uncertainties and other factors that may cause its actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Words such as, but not limited to, "believe," "expect," "anticipate," "estimate," "intend," "plan," "targets," "likely," "will," "would," "could," and similar expressions or phrases identify forward-looking statements. Forward-looking statements include, but are not limited to, statements about Ameri100's financial and growth projections as well as statements concerning our plans, predictions, estimates, strategies, intentions, beliefs and other information concerning our business and the markets in which we operate. The future performance of Ameri100 may be adversely affected by the following risks and uncertainties: the level of market demand for our services, the highly-competitive market for the types of services that we offer, market conditions that could cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions around the world, and other risks not specifically mentioned herein but those that are common to industry. For a more detailed discussion of these factors and risks, investors should review Ameri100's reports on Form 10-K and other reports filed with the Securities and Exchange Commission (the "SEC"), which can be accessed through the SEC's website. Forward-looking statements in this press release are based on management's beliefs and opinions at the time the statements are made. All forward- looking statements are qualified in their entirety by this cautionary statement, and Ameri100 undertakes no duty to update this information to reflect future events, information or circumstances.

Investor and Media Contact:
Carlos Fernandez
100 Canal Pointe Blvd, Suite 108
Princeton, NJ 08540
Phone: (732) 243-9250
Email: investorrelation@ameri100.com

AMERI HOLDINGS, INC.
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
		March 31, 2017				December 31, 2016
Assets
Current assets:
Cash and cash equivalents		$	1,812,600			$	1,379,887
Accounts receivable			9,590,446				8,059,910
Investments			82,908				82,908
Other current assets			866,505				542,237
Total current assets			12,352,459				10,064,942
Other assets:
Property and equipment, net			113,505				100,241
Intangible assets, net			11,845,910				8,764,704
Acquired goodwill			21,879,572				17,089,076
Deferred income tax assets, net			3,488,960				3,488,960
Total other assets			37,327,947				29,442,981
Total assets		$	49,680,406			$	39,507,923
Current liabilities:
Line of credit			3,956,494				3,088,890
Accounts payable			4,468,533				5,130,817
Other accrued expenses			3,147,210				2,165,088
Bank Term Loan			399,996				405,376
Consideration payable – Cash			4,199,238				1,854,397
Consideration payable – Equity			596,763				64,384
Dividend Payable			499,965				-
Total current liabilities			17,268,199				12,708,952
Long term liabilities:
Convertible notes			1,250,000				-
Bank Term Loan – Net of Current Portion			1,023,474				1,536,191
Consideration payable – Cash			3,375,000				2,711,717
Consideration payable – Equity			11,993,723				10,887,360
Total Long-term Liabilities			17,642,197 Werbung Mehr Nachrichten zur Enveric Biosciences Aktie kostenlos abonnieren E-Mail-Adresse Bitte überprüfe deine die E-Mail-Adresse. Benachrichtigungen von ARIVA.DE (Mit der Bestellung akzeptierst du die Datenschutzhinweise) -1 Vielen Dank, dass du dich für unseren Newsletter angemeldet hast. Du erhältst in Kürze eine E-Mail mit einem Aktivierungslink. Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte. Andere Nutzer interessierten sich auch für folgende News 10:07 - PR Newswire Premier Miton Global Renewables Trust Plc - Dividend Declaration 08:54 - PR Newswire Samson Rock Capital LLP - Form 8.3 - Spirent Communications PLC 02:00 - PR Newswire International Business Machines Corp - Doc re Form 8-K SolarBank    Wie die Revolution der sauberen Energie eine solide Investitionsmöglichkeit bieten könnte weiterlesen» Anzeige wo-site-teaser-box-16755_site-teaser-box_2024-04-25_09%253A00%253A00_2024-04-26_09%253A00%253A59