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OxySure Systems, Inc. Message Board

  • paul462123 paul462123 Apr 1, 2013 4:43 PM Flag

    Oxysure Systems Reports Fourth Quarter and Full-Year 2012 Results

    FRISCO, TX--(Marketwire - April 01, 2013) - OxySure® Systems, Inc. (OXYS) ("OxySure," or the "Company"), today reported financial and operating results for the fourth quarter and year ended December 31, 2012.
    Fiscal Year 2012 Highlights:

    Revenues increased 46%, led by an 43% increase in product sales in the United States
    Gross profit increased 113%; gross margins up from 44.2% to 64.6%
    General & administrative expenses down 14%
    Interest expense down by $401,594 or 66%
    Notes payable decreased by $2,252,789
    Stockholder equity increased by $2,125,014
    Cash outflows from operations increased by $569,004
    Net loss per share for the year down from $.10 to $.04

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