IDenta Corp Reports Remarkable Results in 2024 Annual Report
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HOLLYWOOD, Fla., March 31, 2025 /PRNewswire/ -- IDenta Corp. (OTCQB: IDTA) is a worldwide leader in the development of Field Detection and Home Diagnostic Testing Kits for Narcotics, Explosives and Unique Forensic Products in Homeland Security and Consumer Markets. IDenta Corp reports today remarkable results in 2024, marked by significant growth and increased profitability. The annual report published today shows impressive results, driven by strong customer satisfaction and operational efficiency improvements. This success is a testament to IDenta Corp's dedication to providing high-quality products and expanding its market reach.
"The positive results outlined in our 2024 annual report demonstrate the continued success of IDenta Corp.," said Amichai Glattstein, CEO. "Our commitment to customer satisfaction, coupled with our strategic expansion into new markets via new distributors, has fueled impressive revenue growth and a dramatic increase in net profit, setting a strong foundation for continued success in the coming year."
The company's proactive marketing efforts and the addition of new distributors in previously untapped territories directly contributed to a substantial revenue increase compared to the previous year. This expansion broadened IDenta Corp's market presence and opened new opportunities for growth. Furthermore, the company's commitment to operational efficiency resulted in a dramatic rise in net profit.
Key Highlights from the 2024 Annual Report include:
- A substantial increase in revenues for 2024 which was $1,455,488 compared to revenues of $1,051,590 in 2023.
- Gross profit increased to $778,402 in 2024 compared to gross profit of $509,114 in 2023.
- Operating profit increased impressively to $305,805 in 2024 compared to ($1,499) in 2023.
- A dramatic rise in net profit in 2024 which was $258,343 compared to net profit of $14,644 in 2023.
- Cash and cash equivalents increased to $414,314 for 2024 compared to $264,294 for 2023.
IDenta Corp's success in 2024 is a direct result of a strategic focus on customer satisfaction, operational excellence, and market expansion. The company's commitment to these key areas positions it for continued success in the future.
About IDenta Corp.
IDenta Corp. is a global leader in the development and supply of Field Detection and Home Diagnostics Testing Kits for Drugs & Explosives and Unique Forensic Products in the Homeland Security and Consumer Markets. IDenta develops, manufactures and distributes revolutionary products for both the professional Law and Retail markets which consistently pass the highest qualifications and testing procedures of law enforcement and security agencies around the world. For more information, please visit at www.identa-corp.com and www.touch-know.com or follow us on social media.
Safe Harbor Statement
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements" that are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.
Company Contact Information:
Public Relations
Tel: (240) 545-6646
E: pr@identa-corp.com
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SOURCE IDenta Corp
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