Voiceserve Inc. (VSRV.OB) Announces Record Revenues
Today, Voiceserve Inc. announced that it has achieved record revenues for the fiscal year ending March 31, 2009. Revenues for the year ended March 31, 2009 were $1,931,529, an increase of approximately 107% over last year’s numbers. Comparatively, cost of revenues for 2009 was $1,302,113 versus $836,877 in 2008. The increase in cost of revenues in 2009 relates to a dramatic increase in sales. It is also the result of Voiceserve’s addition of more technology service professionals to service the current clientele. The gross profit for year end March 2009 was $629,416 compared to $97,605 for 2008. The gross margin…