- Recent investment article notes ISWH’s financial report shows “larger than forecast topline growth.”
- The report represents the fifth consecutive quarter of strong growth by ISWH.
- Strong forecast based on strong performance by company’s home health division, cryptocurrency mining joint venture.
The recent Q2 ISW Holdings (OTC: ISWH) financial report (http://ccw.fm/O0Riz), which included operational performance data for the three months and six months ended June 30, 2020, “silence(d) the skeptics, with larger than forecast topline growth powered by an expanding home healthcare segment, which could be set to further advance as the company integrates its proprietary telehealth technology into the mix,” noted a recent “Oracle Dispatch” article (http://ccw.fm/ONWIY).
The report represents the fifth consecutive quarter of strong growth by ISWH, a brand-management portfolio company with a growing home health division. “According to the company’s release, revenues for the three months ended June 30 totaled $248,675, and $485,593 for six months ended June 30, representing year-over-year growth of 79% (and 244%) compared to comparable periods in 2019,” the article continued. “Gross profits for the three months ended June 30 totaled $94,692, and $134,011 for the six months ended June 30, representing year-over-year growth of 72% (and 152%) compared to comparable periods in 2019.”
Contributing to the company’s consistently strong bottom line and bright forecast is the strong performance turned in by the company’s home health division, Paradigm Home Health (“PPH”), as well as the joint venture ISWH operates with Bit5ive, a global leader in cryptocurrency mining.
“We demonstrated the continued viability of our Home Healthcare business during a tumultuous quarter beset by tremendous challenges across the country due to the pandemic health crisis,” said ISW Holdings president and chairman Alonzo Pierce. “We also set the stage for accelerating growth in the back half of the year as we look forward to continued developments in both our telehealth and crypto mining endeavors at a time when the context is very promising in both of those markets. We have shown strong topline growth now for five consecutive quarters almost solely driven by PHH. We feel we are well positioned to continue that growth and begin to see tangible returns from our crypto mining investments over coming months as well.”
Based in Nevada, ISW Holdings is a diversified portfolio company comprised of essential business lines that serve consumer product demands. The company’s expertise lies in strategic brand development and early-growth facilitation, as well as brand identity through its proprietary procurement process. Together with its partners, ISWH seeks to provide a structure that meets large scalability demands as well as anticipated marketplace needs. ISWH maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration and distribution efficiency.
For more information about ISW Holdings, please visit the company’s website at www.ISWHoldings.com.
NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ccw.fm/ISWH
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