VAYK Project $700K 2024 Revenue with $150K Net Profit
ATLANTA, Feb. 5, 2025 /PRNewswire/ -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") management announced today that the company is projected to report approximately $700,000 in revenue for the year 2024, with an estimated net profit of approximately $150,000.
This marks the second consecutive year of profitability since the new management team took over in 2023. The management team cautions that this revenue and profit projection is based on current knowledge, and the actual results reported in the annual financial statements may differ substantially from this projection.
"In the year 2024, we have divested our legacy assets, commenced operations of our first Airbnb property, and renewed our joint venture agreement to develop the prominent landmark Rufus Rose House into a highly sought-after Airbnb property in downtown Atlanta," said Stephanie Anderl, Interim CEO of Vaycaychella. "Additionally, we concluded the acquisition of an engineering and construction company to serve as our in-house renovation team for short-term rental properties."
"We are pleased with our achievements and are confident in making further progress in 2025," Anderl added.
The company has announced that it is working to launch a disruptive business model in the short-term rental industry. The new business model will integrate real estate development, financial engineering, social accountability, and AI-based short-term rental management.
Besides this new initiative, Anderl hinted that the company is working with a Singapore-based technology consulting firm on the feasibility of reviving its proprietary APP, which provides transaction services backed by crypto-currency technologies.
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
VAYK Contact: Contact@Vaycaychella.com; +1 470-804-7144
View original content:https://www.prnewswire.com/news-releases/vayk-project-700k-2024-revenue-with-150k-net-profit-302369274.html
SOURCE Vaycaychella, Inc.