ImageXpres Sees Rebound in Net Income
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For the quarter ending Dec. 31, 2010, ImageXpres recorded total sales revenues of $391,965. Its full-year 2010 sales revenues totaled $2.1 million and net income was $109,033, a significant improvement over the loss reported in 2009.
All three of ImageXpres’ major product line areas—digital printing, SmartKiosk systems and medical solutions—posted increases in sales revenues from 2009. Sales revenues attributed to ImageXpres Printing Solutions, which includes FreePrintze direct mail advertisements, totaled $1.0 million for all of 2010. SmartKiosk systems had revenues of $889,324 and medical products sales totaled $207,908.
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