YTB International, Inc. (YTBLA.PK) Reports 177% Increase in Total Revenues
YTB International Inc. (Pink Sheets: YTBLA) today announced its financial results for the 12 months ended December 31, 2007. Revenue for fiscal 2007 was $141.3 million, up 177 percent from $50.9 million the year prior. The Internet-based travel booking service provider attributed the 177 percent increase in revenues to its advances and growth within the travel industry. Net income for the year ended December 31, 2007 was posted at $3.2 million, or $0.03 per diluted share, compared to a net loss of ($6.0) million, or ($0.07) per diluted share, for the 2006 fiscal year. Scott Tomer, CEO of YTB International,…