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
About CryptoCurrencyWire (“CCW”)
CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.
To receive instant SMS alerts, text CRYPTO to 888-902-4192 (U.S. Mobile Phones Only)
CryptoCurrencyNewsWire is where News, content and information converge via Crypto.
For more information, please visit https://www.cryptocurrencywire.com
Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer
CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com
CryptoCurrencyWire is part of the InvestorBrandNetwork.
Deciding whether to invest in crypto long-term is a big move, but figuring out how…
The federal government is making a significant shift in its approach to cryptocurrency by pulling…
The cryptocurrency market remained under pressure on Monday, with Bitcoin slipping below $78,000 during early…
Taking place virtually on April 15, 2025, this pioneering event will unite global financial leaders,…
The “ClickFake” campaign from North Korea is bringing cybersecurity risks in the cryptocurrency space to…
Last week, the cryptocurrency market saw a sharp decline, shedding more than $130 billion in…