Sunday, August 10, 2014

Hot Promising Companies To Buy Right Now

Hot Promising Companies To Buy Right Now: Auxilio Inc (AUXO)

Auxilio, Inc. (Auxilio), incorporated on August 29, 1995, is engaged in the business of providing fully outsourced print management services to the healthcare industry. The Company is engaged in the business of providing fully-outsourced managed print services to the healthcare industry, working exclusively with hospitals throughout the United States. It provides solutions, a program and savings. It helps hospitals and health systems reduce expenses and create manageable, dependable document image management programs by managing their back-office processes. The process is initiated through a detailed assessment. The assessment is a strategic, operational and financial analysis that is performed at the customers premises using a combination of processes and technology for data collection and report generation. The Companys customers include hospitals and integrated health delivery networks (IDN). Its subsidiaries include Auxilio Solutions, Inc. and e-Perception Techno logies, Inc.

The Company helps hospitals and health systems to create image management programs by managing their back-office processes. The process is initiated through a detailed Image Management Assessment (IMA). The IMA is a strategic, operational and financial analysis that is performed at the customers premises using a combination of processes and Web-based technology for data collection and report generation. After the assessment and upon engagement, it charged the customer on a per print basis.

The Company competes with Xerox, Canon, Konica Minolta, Ricoh and Sharp.

Advisors' Opinion:
  • [By CRWE]

    Today, AUXO surged (+3.26%) up +0.030 at $.950 with200 shares in play thus far (ref. google finance Delayed: 9:30AM EDT August 23, 2013).

    AUXILIO, Inc. previously reported financial results for its quarter ended June 30, 2013.

    For the three months ended June 30, 2013, AUXILIO reported that recurri! ng service revenues increased by $1.4 million from new contracts closed between May 2012 and April 2013; however revenues were $9.8 million, a decrease of 8% when compared to revenues of $10.7 million in the same period of 2012, due to a drop in equipment revenue. Equipment sales were $800,000 as compared to $3.1 million for the same period in 2012. Cost of revenues were $8.2 million for the three months ended June 30, 2013, as compared to $9.3 million for the same period in 2012. This drop was due to the drop in equipment sales offset by additional staffing and service costs from the higher recurring service revenue. Gross profit for the second quarter of 2013 was $1.6 million, or 17% of sales, compared to $1.4 million, or 13% of sales, for the same period of 2012. This improvement is a direct result of the large growth in new facilities that we added in 2012 coupled with the reduction in costs as AUXI LIOs program matures within these new accounts.

  • source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-promising-companies-to-buy-right-now-2.html

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