Daily News

View All News

Futuris Co. revenue up 25.6% year over year in quarter ending in January

March 28, 2023

Revenue in Futuris Co. (OTCMKTS: FTRS), a provider of staffing and employer-of-record services, rose 25.6% year over year to $10.5 million in the quarter ended Jan. 31, according to a regulatory filing by the Rockville, Maryland-based firm.

In the past year, the company has made several acquisitions, including:

Futuris’ goal is to build a global network of solutions, staffing and technology companies, according to the filing. It operates as a consolidator of firms.

Share price and market cap

Shares in Futuris were down 0.92% to 0.089 cents as of 11:12 a.m. Eastern time; they were 45.63% above their 52-week low, according to FT.com. The company had a market cap of $4.9 million.