Tx Holdings, Inc. Announces Consolidated Audited Earnings Results for the Year Ended September 30, 2016
TX Holdings, Inc. announced consolidated audited earnings results for the year ended September 30, 2016. For the period, the company reported revenue of $2,128,278 as compared to $3,105,733 for the same period in the prior year, a decrease of $977,455 or 31.5%. Net loss for the current year was $678,719, compared to a net loss of $372,509, incurred in the fiscal year 2015. Net cash used in operating activities was $82,165 during the twelve months ended September 30,2016. Net cash used in operating activities was $253,626 during the same twelve months period in the prior year.