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Axiologix, Inc. Files Annual Report For Year Ending May 31, 2013; Revenues Grow By 482% Year On Year.
20:05 16.09.13

PR Newswire

SARASOTA, Fla., Sept. 16, 2013


SARASOTA, Fla., Sept. 16, 2013 /PRNewswire/ -- Axiologix, Inc. (www.axiologix.net) (Pinksheets:AXLX), an International Technology and Services Organization focused on delivering 'Cloud' Products and Services, today announced that it has recently filed unaudited results for the twelve months ended May 31, 2013, via the OTC Markets Disclosure & News Service.

Key results of the unaudited results were:

Revenues of $901,673 for the year ended May 2013 versus $187,139 revenues for the previous year.
Gross margins remained at 95% for the current year, same as the previous year.
EBITDA for the current year was a loss of $580,116 versus a loss of $53,767 in 2012.
Net loss for the year ending May 31, 2013 was $1,035,157, down slightly from $1,047,607 from the previous year.
Cash used in operations for the twelve months to May 31, 2013 was $88,455, versus cash generated from operations for the twelve months to May 31, 2012 of $61,166.
Cash decreased by $12,605 for the twelve months ended May 31, 2013.
Total assets increased by 56% while working capital deficit reduced by 77% and total debt reduced by 8% during the twelve months ending May 2013.
Full details of the Company's Annual Report are accessible at www.otcmarkets.com/stock/AXLX/filings

Vincent Browne, Chairman and Chief Executive of Axiologix Inc. said, "Our results for the financial year ended May 31, 2013 show solid progress in key areas of revenue growth, cash management and balance sheet development. Whereas the revenues were less than we forecasted for the full year they still came it at nearly five times the previous year, primarily due to the effect of reporting a full year from our Irish operations. We will continue to manage the resources we have wisely while we seek to grow the business both organically and by acquisition. We continue to progress our previously announced acquisitions and expect to have an update on the status of these initiatives later this month."

Corporate Press Release e-Mail Distribution - Interested investors and shareholders will be added to the corporate e-mail database for future corporate press releases and industry updates after sending an e-mail with "AXLX" in the text to investorrelations@mindspring.com.

About Axiologix, Inc.

Axiologix, Inc. is an International Technology and Services Organization focused on delivering Cloud-based Products and Services to small and medium sized businesses primarily in the United States and to operators globally. Axiologix is headquartered in Florida, with international operations in Dublin, Ireland. Additional information may be found at www.axiologix.net.

This press release contains forward-looking statements. Words such as "expects", "intends'', "believes'', and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company's filings with the Securities and Exchange Commission and the OTC Markets Group. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE Axiologix, Inc.

Axiologix, Inc. Files Annual Report For Year Ending May 31, 2013; Revenues Grow By 482% Year On Year.


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SARASOTA, Fla., Sept. 16, 2013 /PRNewswire/ -- Axiologix, Inc. (www.axiologix.net) (Pinksheets:AXLX), an International Technology and Services Organization focused on delivering 'Cloud' Products and Services, today announced that it has recently filed unaudited results for the twelve months ended May 31, 2013, via the OTC Markets Disclosure & News Service.


Key results of the unaudited results were:
•Revenues of $901,673 for the year ended May 2013 versus $187,139 revenues for the previous year.
•Gross margins remained at 95% for the current year, same as the previous year.
•EBITDA for the current year was a loss of $580,116 versus a loss of $53,767 in 2012.
•Net loss for the year ending May 31, 2013 was $1,035,157, down slightly from $1,047,607 from the previous year.
•Cash used in operations for the twelve months to May 31, 2013 was $88,455, versus cash generated from operations for the twelve months to May 31, 2012 of $61,166.
•Cash decreased by $12,605 for the twelve months ended May 31, 2013.
•Total assets increased by 56% while working capital deficit reduced by 77% and total debt reduced by 8% during the twelve months ending May 2013.

Full details of the Company's Annual Report are accessible at www.otcmarkets.com/stock/AXLX/filings

Vincent Browne, Chairman and Chief Executive of Axiologix Inc. said, "Our results for the financial year ended May 31, 2013 show solid progress in key areas of revenue growth, cash management and balance sheet development. Whereas the revenues were less than we forecasted for the full year they still came it at nearly five times the previous year, primarily due to the effect of reporting a full year from our Irish operations. We will continue to manage the resources we have wisely while we seek to grow the business both organically and by acquisition. We continue to progress our previously announced acquisitions and expect to have an update on the status of these initiatives later this month."

Corporate Press Release e-Mail Distribution - Interested investors and shareholders will be added to the corporate e-mail database for future corporate press releases and industry updates after sending an e-mail with "AXLX" in the text to investorrelations@mindspring.com.

About Axiologix, Inc.
Axiologix, Inc. is an International Technology and Services Organization focused on delivering Cloud-based Products and Services to small and medium sized businesses primarily in the United States and to operators globally. Axiologix is headquartered in Florida, with international operations in Dublin, Ireland. Additional information may be found at www.axiologix.net.

This press release contains forward-looking statements. Words such as "expects", "intends'', "believes'', and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company's filings with the Securities and Exchange Commission and the OTC Markets Group. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.






SOURCE Axiologix, Inc.

Copyright 2013 PR Newswire

Axiologix , Inc. Dateien Jahresbericht für das Jahr zum 31. Mai 2013; Umsatz wächst um 482 % über dem Vorjahreswert .
20.05 16.09.13

PR Newswire

Sarasota, Florida, 16. September 2013


Sarasota, Florida, 16. September 2013 / PRNewswire / - Axiologix , Inc. ( www.axiologix.net ) ( Pinksheets : AXLX ), einem internationalen Technologie-und Dienstleistungen Organisation auf die Bereitstellung von ' Cloud' Produkte und Services konzentriert , gab heute bekannt, dass sie vor kurzem ungeprüften Ergebnisse für die zwölf Monate bis zum 31. Mai 2013 eingereicht , über die OTC Markets Disclosure & News Service .

Die wichtigsten Ergebnisse des ungeprüften Ergebnisse waren :

Umsatz von $ 901.673 für das Geschäftsjahr Mai 2013 gegenüber 187.139 $ Umsatz im Vorjahr.
Die Bruttomarge blieb mit 95% für das laufende Jahr , die gleiche wie im Vorjahr .
EBITDA für das laufende Jahr wurde ein Verlust von $ 580.116 im Vergleich zu einem Verlust von $ 53.767 im Jahr 2012.
Der Nettoverlust für das Geschäftsjahr zum 31. Mai 2013 war $ 1.035.157 , unten etwas von $ 1.047.607 aus dem Vorjahr .
Barzahlung bei Operationen für die zwölf Monate zum 31. Mai 2013 war $ 88.455 , im Vergleich zu den operativen Cash für die zwölf Monate bis zum 31. Mai 2012 der Kommission vom $ 61.166 generiert.
Barzahlung sanken um $ 12.605 für die zwölf Monate bis zum 31. Mai 2013 .
Die Bilanzsumme erhöhte sich um 56% , während der Arbeit durch Eigenkapital gedeckten Fehlbetrag von 77% und die Gesamtverschuldung um 8% in den zwölf Monaten bis Mai 2013 reduziert reduziert.
Alle Details des Unternehmens Geschäftsbericht sind zugänglich www.otcmarkets.com/stock/AXLX/filings

Vincent Browne , Chairman und Chief Executive von Axiologix Inc. sagte: " Unsere Ergebnisse für das Geschäftsjahr zum 31. Mai 2013 zeigen solide Fortschritte in wichtigen Bereichen des Umsatzwachstums , Cash Management und Bilanz Entwicklung. Während die Einnahmen weniger, als wir prognostiziert waren für das gesamte Jahr immer noch es kam auf fast das Fünffache des Vorjahres , vor allem aufgrund der Wirkung der Berichterstattung ein volles Jahr von unseren irischen Operationen . wir werden auch weiterhin die Ressourcen, die wir haben, sinnvoll zu verwalten , während wir das Geschäft sowohl organisch wachsen wollen und durch Akquisitionen . Wir werden weiterhin unsere zuvor angekündigten Akquisitionen voran und erwarten, dass ein Update über den Status dieser Initiativen haben später in diesem Monat . "