Element 21 Golf Company said record sales for the fourth quarter ended June 30, 2009 was $1,197,000 an increase of 35% compared to revenue of $889,000 in the same period in fiscal 2008.
The combined fiscal 2008 Q1, Q2 and Q3 and Q4 revenues are $4,010,000, showing 218% growth in sales as compared to the equivalent period in 2008. At the same time the Loss from Operations for Q4 decreased by 725% to $184,000 in 2009 from $1,335,000 in 2008.
