Kaloyan Gadzhev

Tix Corp. (PINK:TIXC) Is Not Very Popular at the Moment

by Kaloyan Gadzhev November 28, 2011

Recently, the company published its quarterly results. Some of the numbers for Q3 were:

  • $5,861,000 cash
  • $8,230,000 total current assets
  • $5,920,000 total current liabilities
  • $9,475,000 revenues
  • $647,000 income

TIXC has repurchased some of its shares, and the income for the quarter brings the nine month's income to $2.2 million. Yet, it seems at this point it's just not enough to secure an active market for the stock.

TIXC_logo.jpgTIXC operates through subsidiaries in two main segments. One is the ticket services segment and the other is the exhibit merchandising segment. If the company manages to grow its business significantly, it could help make its stock more liquid, but at this time TIXC is not there yet.

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