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    blockchain investing

    UnitedCorp Announces First Quarter Financial Results

    Dorothy Neufeld
    May. 17, 2019 08:20AM PST
    Blockchain Investing

    UnitedCorp (OTC:UAMA), a blockchain-focused company announced its first quarter financial report. The company reported US$1.4 million in revenues for the quarter, with consolidated EBITDA standing at US$639,000. As quoted in the press release: 2019 Q1 Highlights(all figures in US dollars) Revenue in the quarter of $1,423,485 was primarily generated through the BlockchainDome Heat Station for hosting, …

    UnitedCorp (OTC:UAMA), a blockchain-focused company announced its first quarter financial report. The company reported US$1.4 million in revenues for the quarter, with consolidated EBITDA standing at US$639,000.

    As quoted in the press release:

    2019 Q1 Highlights
    (all figures in US dollars)

    • Revenue in the quarter of $1,423,485 was primarily generated through the BlockchainDome Heat Station for hosting, management and power and includes $276,628 of consulting revenue with an operating profit of $854,684(1), with dome operations contributing $578,077 to the operating profit

    • Consolidated net earnings for the quarter were $388,414

    • Consolidated EBITDA for the period was $639,125(2)

    • Increase in tangible assets to $3,887,763

    • 5,000 miners in service at (8.5 megawatts)

    Click here to read the full press release.

    blockchain investing
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