Today before the opening bell, HASCO Medical, Inc. announced the combined audited 2010 year-end financial results and the unaudited combined 2011 first quarter financial results for itself and subsidiaries Mobility Freedom and Wheelchair Vans of America.
Total combined revenue for the year ended December 31, 2010 was $12,429,531. Mobility Freedom van sales for 2010 increased approximately 55% year-over-year, Mobility Freedom van rentals increased approximately 45% year-over-year, and Mobility Freedom net income more than doubled year-over-year.
For the three months ended March 31, 2010, Mobility Freedom van sales increased $33,518 to $2,133,736 compared to the same period a year earlier. Net income increased $55,767 to $162,482 for the quarter.
To view the entire financial report filed with the SEC, visit http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8050761
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