UA Multimedia Analyst Report Prepared by ARCE Research and Issued by BrokerBank Securities, Inc.
NEW YORK, April 1, 2015 /PRNewswire/ -- UA Multimedia Inc. (OTCBB: UAMM) based out of Irvine, CA has just released its annual report for the year 2014. The highlights of this report are related to the improvement in key financial metrics that came as not a big surprise based on the quarterly reports previously released by the company. Net income increases 2,391% to $43,514, the company's revenue jumped 122% to $151,170 coming from activities related to its core business, whereas operating expenses increased 80% compared to 2013. The year-end report even shows a small reduction in the accumulated deficit in shareholders' equity going from $1.31 million in 2013 to $1,27 million by the end of 2014.
Along with the submission of the annual report, UA Multimedia has just started the theatrical release of the film Gentle in Vietnam. Now it is a matter of time to confirm if the expectations built around the good reviews in various film festivals will be reflected in the income generated not only by the screening but also from the DVD's sales.
UA Multimedia Inc. is a media company with holding in web, mobile applications, film production and distribution. The company specializes in developing online information and directory portals for various vertical markets and offer customized web design and development.
A report including analysis of UA Multimedia Inc. financials and market position can be viewed by clicking the link below. There is no cost obligation to view the analyst brief:
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This report was prepared for informational purposes only. Affiliated parties involved with producing and issuing this report have not been compensated in any form. A full disclaimer can be found by viewing the full analyst report.
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This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
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SOURCE BrokerBank Securities, Inc.
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