Endexx Corporation (OTCQB: EDXC) reported its quarterly earnings on Tuesday for the quarter ending March 31, 2023, revealing over $2.8 million in revenue compared to $254,686 in the same quarter of last year, representing a whopping 1013% year-over-year increase.
Todd Davis, the company's chairman and CEO, touted the quarterly results.
"Consolidating the audited financials and integrating Hyla's operations into Endexx, we've catapulted into an era marked by unprecedented growth, painting Fiscal 2023 as a canvas of resurgence and robust expansion amidst a two-year stagnation in the cannabis and hemp industry," Davis said.
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