Here are four things to know.
1. For the quarter ended Aug. 31, 2016, the company recorded gross revenues of $1.5 million, of which $1.1 million was attributable to the company’s Titan Division.
2. As a whole, Certive recorded an average 38 percent gross margin across all divisions compared to a 24 percent gross margin for the preceding quarter ended May 31, 2016.
3. Certive’s Titan Division continues to increase sales volumes and divisional profitability month over month.
4. Certive’s Omega Division recorded revenues in the month of November in excess of $200,000 of which $177,000 was collected in less than 25 days.
For the full news release on Certive’s update, click here.
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