Detail akcie TVC Telecom online

Business Summary: TVC Telecom Incorporated is a provider of voice telecommunications services to key business and consumer market segments in the United States. These market segments consist of sub-segments of underserved ethnic markets, which include the Latin American expatriate business and consumer communities. The Company's principal services that it provides through its Sales Division are international and domestic long distance services, domestic toll-free services and various pre-paid services. The Sales Division consists of a Direct Sales Group and a Dealer Sales Group. Each sales group represents specific products and target markets within the telecommunications market.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2003, Tvc Telecom Inc revenues decreased 18% to $6.1M. Net loss before extraordinary items decreased 70% to $511K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Vendor Settlements increase from $0K to $1.2M (income), Gain on Securities increase from $0K to $47K (income), Interest, Net decrease of 76% to $14K (expense).