December 18, 2023
Income at Futuris Co. (OTCMKTS: FTRS), a consolidator of staffing and expertise corporations, fell 17.4% yr over yr to $10.2 million in its fiscal first quarter ended Oct. 31.
Futuris has made numerous acquisitions and just lately named Larry Parrotte as its new CEO.
Futuris’ acquisitions embrace Expertise Beacon LLC, which it acquired in November 2020 for $880,000, based on regulatory submitting. Futuris additionally acquired Laptop Deductions Inc. in April 2021 for $4.5 million.
Different acquisitions had been Tasa Inc. in June 2021, Well being HR Inc. in June 2021, AkVarr Inc. in September 2021, Cadan Applied sciences in December 2021 and Insigma Inc. in June of this yr.
It introduced the cancelation of the acquisition of LotusUSA Inc. in June. It additionally accomplished its acquisition of the specialised healthcare staffing enterprise of Recruiter.com in October.
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Share worth
As of final commerce, shares in Futuris had been at $0.0399, which was 131.98% above its 52-week low.
