Mastermind, Inc. (OTC QB: MMND), a leading vertically-integrated digital marketing company that designs, creates and activates marketing initiatives for global brands, today announced financial results for the 3 months ended 12-31-21 and FY 2021, ended September 30, 2021.
Dan Dodson, CEO of Mastermind, commented, “We are beginning to see some loosening of client marketing budgets, but they still remain conservative compared to pre-pandemic levels. We remain optimistic regarding revenue growth from mobile initiatives that are being considered by certain clients. The first fiscal quarter ended 12/31 is typically slower from a net income standpoint, however our Net Income was $46,435 for the quarter compared to $4,739 for the comparable period of the previous year.”
Fiscal Quarter Ended 12-31-21 Highlights
- Gross Profit for FQE 12/31/21 was $533,457, an increase of 4% over FQE 12/31/2020
- Net Income for 2021 was $62,211, an increase of 957% over 2020
- Stockholder equity increased $50,935 during the quarter
Detailed financial information can be found in Mastermind’s Quarterly Report on Form 10-Q for the period ended December 31, 2021, as filed with the Securities Exchange Commission on February 22, 2022.
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