Monthly Archives: January 2016

How These Women Are Making Good Money by Capturing Family Legacies

By Cathi Nelson As the years pass, one of the most distinct needs people have is to create a lasting legacy. Once their children are grown and grandchildren born, people begin to think less about tangible material things and more about the values and stories they want to leave behind. Life experiences and family traditions […]

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Omnito (DubLi) 2015 Revenue Up $16.8 Million To $21.3 Million

 
Ominto, Inc. (OTC PINK: OMNT), a global leader in online Cash Back shopping, today reported fiscal 2015 financial results for the twelve months ended September 30, 2015.
For the fiscal year 2015, ended September 30, 2015, revenues were $21.3 million, compared to $4.5 million for the previous fiscal year, reflecting an increase of $16.8 million.
The increase was primarily a result of increased sales of VIP memberships and increased commission income generated from purchases on the company’s Cash Back shopping portal.
Loss from continuing operations for the fiscal year ended September 30, 2015 was $12.2 million, as compared to a loss of $6.9 million in the fiscal year 2014. The higher loss resulted primarily from an increase of $7.1 million in non-cash equity compensation and higher expenses for building a new platform and for

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