Clickable Enterprises Announces an 85% Increase in Revenue for April
Posted on: Tuesday, 30 May 2006, 12:00 CDT
Clickable Enterprises, Inc. (OTCBB:CKEI), the first Internet-based home heating oil company, announced today that it generated $350,677 in revenue for the month of April, compared with $189,867 generated in April 2005, representing an 85% increase. 147,629 gallons of oil were sold in April compared with 112,536 gallons sold during the same period last year, representing a 31% increase.
Nicholas Cirillo, Jr., president of Clickable Enterprises said, "We've had a pretty remarkable season as a result of our marketing efforts and acquisition activity that has led to a significant amount of new customers who are finding our oil services to be reliable and more economical than our competitors." Cirillo continued, "Our gross profit for April was $50,530 compared with $14,697 in April 2005 for a 244% increase. We remain committed to providing sensible and efficient heating oil services as we continue to grow our business through marketing efforts and acquisitions."
About Clickable Enterprises, Inc.
Clickable Enterprises, through its wholly owned subsidiary, ClickableOil.com, Inc., is the first Internet-based home heating oil company to offer customers affordable home heating oil and related services. Based in Mount Vernon, New York, ClickableOil.com specializes in price control, risk management and product positioning, leaving the oil delivery and services to specially chosen vendors. The company currently operates in New York, New Jersey, Pennsylvania and Connecticut, and has a license to operate in Maryland. It continues to grow geographically along the East Coast by way of acquisition and marketing efforts including its sponsorship agreement with Google, Inc. (NASDAQ:GOOG). For more information, please visit www.clickableoil.com.
This release and oral statements made from time to time by the Company's representatives concerning the same subject matter may contain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects,""plans,""intends,""believes,""will,""estimates,""forecasts,""projects" or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by the Company with the Securities and Exchange Commission, which should be considered together with any forward looking statement. No forward looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements.
Source: Business Wire
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