Company posts impressive year-over-year growth
SAN DIEGO, CA – April 1, 2020 – Trucept Inc. (OTC Pink: TREP) recently published its year-end report for 2020 on March 31. The report shows $12.3 million in revenues versus $9.4 million in 2019. The increase is largely from great success in management fees that the company specializes in, CEO Norman Tipton said.
Additionally, net income was $1.1 million in 2020 versus $400,000 in 2019. During 2020, the company also acquired Afinda Inc. payroll services and UWS Insurance.
“These acquisitions were vital to the scope of services Trucept offers to its clients,” Tipton said.
