Cleartronic, Inc. Reports 2022 Year-End Financial Results

BOCO RATON, FL / ACCESSWIRE / January 10, 2023 / Cleartronic, Inc. (OTCPINK:CLRI) released its 2022 fourth quarter and year-end financial statements for the twelve months ended September 30, 2022.

Marc Moore, CEO of Cleartronic (the "Company"), stated, "We continue to demonstrate disciplined, consistent growth and profitability with the expansion and use of our ReadyOp platform. ReadyOp is used nationwide by federal, state, and local government agencies, universities, corporations, school districts, and other organizations. ReadyOp is now a mature, respected platform with a reputation for power and dependability, yet simple to learn and use. We plan to continue expanding our customer base with new businesses, governmental agencies, and other organizations."

Highlights of the Year End 2022 performance included an increase of 22% in revenue, whereas the Company's main product, ReadyOp, continues to be the primary source of revenue. The Company sees an increase in the number of new customers and growth in the use of ReadyOp by our current customers. In 2022, Management focused on strengthening its balance sheet, making excellent gains in increases in cash and assets while reducing debt during the past two years.

CLRI continues to show consecutive quarters and three years of continued profitability.

The 10-K report for the twelve months ended September 30, 2022, can be viewed on the US SEC EDGAR Platform at www.sec.gov/edgar.shtml or on the Company's website.

About Cleartronic, Inc. (OTCPINK:CLRI):

Cleartronic, Inc. (OTCPINK:CLRI), a diversified holding company, creates and acquires operating subsidiaries to manufacture and sell products, services, and integrated systems to governmental agencies, private and not-for-profit business enterprises, and the public. In addition to its ongoing projects, Cleartronic continues its endeavors in research and development of new and expanded projects to support its overall service components while operating and concentrating on its primary operating subsidiary ReadyOp Communications, Inc. - www.cleartronic.com & www.readyop.com.

Safe Harbor Statement

This new release contains statements that involve expectations, plans, or intentions (such as those relating to future business or financial results) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," should," "expect," "anticipate," "believe," "estimate," "intend," "plan," and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements because of certain factors not within the control of the Company. The Company cautions readers not to rely on any such forward-looking statements, which speak only as of the date made. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

Contact and Inquiries for Investor Relations:

Larry Reid
(561) 939-3300 Ext. 143

SOURCE: Cleartronic, Inc