ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth and cryptocurrency mining, has announced that it completed the filing of its 2020 financial performance data. The filing showed continued top-line growth and strong cash growth along with an overall positive net profitability on sales, and strong growth in cash. Specifically, highlights of the report shows gross revenues of more than $1 million for Paradigm Home Health (“PHH”), which is a 69% increase over last year’s gross revenues of $627,498, along with PHH showing a two-year net profit average of 9.95%. Net cash for ISWH reached $86,000, an increase of 528%, and total assets for the company increased 276% from the year previously. The filing showed a number of operational highlights for the company as well, including an investment in cryptocurrency mining through ISWH’s Bit5ive LLC partnership. That partnership led to the design, assembly and installation of the company’s first POD5IVE mining pod. In addition, ISWH invested in telehealth technology through itsTeleCare subsidiary and established an anti-dilution initiative, resulting in reducing authorized and outstanding shares and convertible note liabilities. The company also established a stock option compensation plan and began the process to uplist onto OTCQB exchange tier. “While this data is important, it references a period that predates the commercial launch of our cryptocurrency mining and mining equipment segment, but we are still proud to have continued our strong trend of growth in telehealth and home healthcare, and that trend is evident in our 2020 performance data,” said ISW Holdings president and chair Alonzo Pierce in the press release.
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About ISW Holdings Inc.
ISW Holdings, based in Nevada, is a diversified portfolio company comprised of essential business lines that serve consumer product demands. The company’s expertise lies in strategic brand development, early growth facilitation, as well as brand identity through its proprietary procurement process. Together with its partners, ISW Holdings seeks to provide a structure that meets large scalability demands, as well as anticipated marketplace needs. The company is able to meet these needs through a variety of strategic innovative processes. ISWH is creating and managing brands across a spectrum of disruptive industries. It maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration and distribution efficiency. The company has also partnered with a well-known software development and consulting company, Bengala Technologies LLC, which is developing significant enhancements in the supply chain management space, and the partnership has a vitally needed patent now pending. For more information about the company, please visit www.ISWHoldings.com.
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