Clickable Enterprises Announces a 70% Increase in Revenue for March
Posted on: Tuesday, 25 April 2006, 09:01 CDT
Clickable Enterprises, Inc. (OTCBB:CKEI), the first Internet-based home heating oil company, announced today that it generated $792,791 in revenue for the month of March, compared with $466,101 generated in March 2005, representing a 70% increase. 350,775 gallons of oil were sold in March compared with 272,385 gallons sold during the same period last year, representing a 29% increase.
Nicholas Cirillo, Jr., president of Clickable Enterprises stated, "Despite the unseasonably warm weather we experienced this March, we still show a gross profit of $140,671 for the month as compared with a $40,096 gross profit in March 2005. That's a 251% increase, making these results very significant. It proves the consumers' increasing need to switch to a reliable lower-cost home heating oil provider like ClickableOil and confirms that we have been successful in getting our message out to consumers through marketing efforts, our agreement with Google, Inc. (NASDAQ:GOOG), as well as our growth by acquisition."
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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