YANGAROO, Inc. (YOOIF.OB) Reports Fifth Consecutive Year of Revenue Growth
YANGAROO, the industry's leading secure digital media distribution company, has released its year-end financial results for 2007, as well as fourth quarter ending December 31, 2007 results. The company reported a 22% increase in revenue (which excludes interest income) over fiscal 2006, making this the fifth consecutive year of revenue growth. As of December 31, 2007, cash and cash equivalents were $6,497,000, setting another record for the company, which exceeded budgeted targets and is considerably greater than in any previous year. The company also had a successful year in the USA as the volume of deliveries made by YANGAROO’s Digital…