Driven by the success of GarageApartments.com, Valadonia Interactive reports second quarter profit.
ORLANDO, FL (PRWEB) August 9, 2004 -- Valadonia Interactive today announced the companys first quarter of profitability for the second quarter ended June 30, 2004.
The company reported revenue of $618 for the second quarter ended June 30, 2004, a slight decrease of 13% under revenues of $699 for the first quarter of 2004.
The Company reported a net income of $309 for the second quarter of 2004 compared to a net loss of $231.64 for the first quarter of 2004.
"Valadonia Interactive's swing to profitability is rather amazing for two reasons. One, we are still in our first year of operations. Two, we have successfully implemented a free content model for our flagship site, GarageApartments.com" said Adam Parish, Member/Manager of Valadonia Interactive.
About Valadonia Interactive LLC
Valadonia Interactive provides value-added web hosting, web programming, and free niche content solutions. Currently the companys primary product is GarageApartments.com (http://www.garageapartments.com)
About GarageApartments.com
GarageApartments.com is the largest garage apartment rental site. We are helping people learn more about the emerging garage apartment market as an alternative to the typical apartment complex.
Contact Information:
Adam Parish
Valadonia Interactive LLC
321-206-6290
http://www.valadonia.com
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