EMTA Holdings, Inc, maker of XenTx, Synergyn and other engine treatment and fuel efficiency products, has today announced record monthly revenues of $657,000 for the month of March 2008, which represents a 45% increase in sales from the previous month. In addition the Company is pleased to announce that it has generated $229,000 in positive cash flow (for March 2008), the second consecutive month that the Company has accomplished this goal. Results for March 2008 were slightly higher than projected which reflects that the Company's growth strategy is being successfully implemented and is on schedule.
Revenues for the last quarter of this fiscal year are $1,245,000 which represents a 300% revenue increase from the previous quarter and is the first time revenues exceeded $1.0M in any quarter. Based on the current orders and the availability of raw materials, management has introduced the following revenue guidance range for the month of April 2008, the first month of Fiscal Year 2009, at between $775,000 and $1,025,000.
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