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YTB International Reports Total Revenue 2007
This video presented by Andrew's Dream Team http://www.andrewsdreamteam.com Source: http://www.ytbi.com/investor/pressreleases.asp - - - - - - - - - - - - - - - - - - - - - - - YTB International Reports Total Revenue of $141 Million and $3.2 Million Net Income for 2007 Value of travel services booked on YTB's RTAs websites increased 84% in 2007 to $414.5 million WOOD RIVER, Ill., April 1, 2008 /PRNewswire-FirstCall/- YTB International, Inc. (OTC Pink Sheets: YTBLA) ('YTB' or the 'Company'), a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Bermuda, the Bahamas, and Canada, today announced its financial results for the twelve-month period ending December 31, 2007. Total revenue for the year ended December 31, 2007 increased 177% to $141.3 million, compared to $50.9 million for the previous year. While only the commissions arising from RTAs' booking of travel services booked on the RTAs' websites are reflected as a component of the Company's revenues, YTB also keeps track of the aggregate retail value of all travel services that are sold by its RTAs' websites (which directly impacts commission revenues). The value of such travel services increased 84% in 2007 to $414.5 million, from $225.7 million in 2006. Net income for the year ended December 31, 2007 was $3.2 million, or $0.03 per diluted share, compared to a net loss of ($6.0) million, or ($0.07) per diluted share, for the 2006 fiscal year. Stockholders' equity as of the 2007 year end increased by $19.3 million or 958%, to $17.3 million from a ($2.0) deficit as of the end of fiscal 2006. '2007 was a banner year for YTB. During the year we more than doubled the size of our network of RTAs to approximately 131,000 strong in addition to reporting three consecutive profitable quarters,' stated Scott Tomer, Chief Executive Officer of YTB. 'As our company grows, so does the attention we have gained within the travel industry. Over the past year we have received praise for our energy and industry-changing business strategy from leading travel companies and organizations. However, not surprisingly, we have also attracted criticism from those companies with whom we indirectly and directly compete. We challenged these critics by concentrating on our business and making YTB one of the most successful travel service companies around. Moving into 2008, we see no signs of slowing down, as we expanded our services into Canada.' 'We have established a strong network of contacts within the travel world, which have led to significant agreements that have expanded the scope of our travel business. Most recently, we announced an exclusive partnership with Shanghai Spring International Travel Service and Mandarin Voyages to market and sell European tour packages, including trips to France, Germany, Belgium and Holland. These agreements expand our RTAs' ability to offer fun, unique travel options,' stated, J. Kim Sorensen, CEO of YTB Travel Network, a wholly- owned YTB subsidiary. 'We are very proud of these efforts and look forward to helping more RTAs find success through selling travel.' Your Travel Biz Your Travel Business yourtravelbiz yourtravelbiz.com ytb.com YourTravelBiz Your Travel Biz YTB is a good business look into YTB What is YTB YTB Travel biz Anyone heard YTB the scoop on YTB YTB Financials YTB Profit & Loss Report YTB Earnings YTB Net Income YTB Stockholder's Equity YTB Business YourTravelBiz.com yourtravel.biz info on YTB report on YTB PR Newswire Information on YTB YTB information YTB issues Review on YTB YTB review Travel YTB YTB Travel your travel biz YTBLA YTB Upline YTB Director YTB RTA YTB Downline YTB Referring Travel Associate YTB Rep Homebased business home based business online business business opportunity home based travel business best travel business entrepenuer entrepreneur entrepreneurial mlm network marketing Coastal Vacations YTB mlm goldmine biz ops 1 up programs 2 up programs make money now making money now making money online the secret to making money travel opportunity travel business opportunity how to travel how to vacation cheap travel travel deals Andrew Lakey Peter Jenson Chuck King Bill Hoffmann Peter Jensen Rick Ricketts Coach J. Lloyd Tomer Kirk and Cathy Phinney Scott Tomer insideytb Kim Sorensen J. Kim Sorensen ytb team success ytb team vision ytb team hope andrewsdreamteam ILoveYTB.com I Love YTB.com YTBBootcamp.com YTB Boot Camp YTB 2007 MVP YTB 2007 Most Valuable Player Referring travel agent travel mlm YTB travel network marketing YTB travel business opportunity YTB success at home Music: "Soultrician" by Mr. No-Logo (Eric Scott) (from "Graceless" Day 049) http://www.dayfornight.com
This video presented by Andrew's Dream Team http://www.andrewsdreamteam.com Source: http://www.ytbi.com/investor/pressreleases.asp - - - - - - - - - - - - - - - - - - - - - - - YTB International Reports Total Revenue of $141 Million and $3.2 Million Net Income for 2007 Value of travel services booked on YTB's RTAs websites increased 84% in 2007 to $414.5 million WOOD RIVER, Ill., April 1, 2008 /PRNewswire-FirstCall/- YTB International, Inc. (OTC Pink Sheets: YTBLA) ('YTB' or the 'Company'), a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Bermuda, the Bahamas, and Canada, today announced its financial results for the twelve-month period ending December 31, 2007. Total revenue for the year ended December 31, 2007 increased 177% to $141.3 million, compared to $50.9 million for the previous year. While only the commissions arising from RTAs' booking of travel services booked on the RTAs' websites are reflected as a component of the Company's revenues, YTB also keeps track of the aggregate retail value of all travel services that are sold by its RTAs' websites (which directly impacts commission revenues). The value of such travel services increased 84% in 2007 to $414.5 million, from $225.7 million in 2006. Net income for the year ended December 31, 2007 was $3.2 million, or $0.03 per diluted share, compared to a net loss of ($6.0) million, or ($0.07) per diluted share, for the 2006 fiscal year. Stockholders' equity as of the 2007 year end increased by $19.3 million or 958%, to $17.3 million from a ($2.0) deficit as of the end of fiscal 2006. '2007 was a banner year for YTB. During the year we more than doubled the size of our network of RTAs to approximately 131,000 strong in addition to reporting three consecutive profitable quarters,' stated Scott Tomer, Chief Executive Officer of YTB. 'As our company grows, so does the attention we have gained within the travel industry. Over the past year we have received praise for our energy and industry-changing business strategy from leading travel companies and organizations. However, not surprisingly, we have also attracted criticism from those companies with whom we indirectly and directly compete. We challenged these critics by concentrating on our business and making YTB one of the most successful travel service companies around. Moving into 2008, we see no signs of slowing down, as we expanded our services into Canada.' 'We have established a strong network of contacts within the travel world, which have led to significant agreements that have expanded the scope of our travel business. Most recently, we announced an exclusive partnership with Shanghai Spring International Travel Service and Mandarin Voyages to market and sell European tour packages, including trips to France, Germany, Belgium and Holland. These agreements expand our RTAs' ability to offer fun, unique travel options,' stated, J. Kim Sorensen, CEO of YTB Travel Network, a wholly- owned YTB subsidiary. 'We are very proud of these efforts and look forward to helping more RTAs find success through selling travel.' Your Travel Biz Your Travel Business yourtravelbiz yourtravelbiz.com ytb.com YourTravelBiz Your Travel Biz YTB is a good business look into YTB What is YTB YTB Travel biz Anyone heard YTB the scoop on YTB YTB Financials YTB Profit & Loss Report YTB Earnings YTB Net Income YTB Stockholder's Equity YTB Business YourTravelBiz.com yourtravel.biz info on YTB report on YTB PR Newswire Information on YTB YTB information YTB issues Review on YTB YTB review Travel YTB YTB Travel your travel biz YTBLA YTB Upline YTB Director YTB RTA YTB Downline YTB Referring Travel Associate YTB Rep Homebased business home based business online business business opportunity home based travel business best travel business entrepenuer entrepreneur entrepreneurial mlm network marketing Coastal Vacations YTB mlm goldmine biz ops 1 up programs 2 up programs make money now making money now making money online the secret to making money travel opportunity travel business opportunity how to travel how to vacation cheap travel travel deals Andrew Lakey Peter Jenson Chuck King Bill Hoffmann Peter Jensen Rick Ricketts Coach J. Lloyd Tomer Kirk and Cathy Phinney Scott Tomer insideytb Kim Sorensen J. Kim Sorensen ytb team success ytb team vision ytb team hope andrewsdreamteam ILoveYTB.com I Love YTB.com YTBBootcamp.com YTB Boot Camp YTB 2007 MVP YTB 2007 Most Valuable Player Referring travel agent travel mlm YTB travel network marketing YTB travel business opportunity YTB success at home Music: "Soultrician" by Mr. No-Logo (Eric Scott) (from "Graceless" Day 049) http://www.dayfornight.com
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