The Quantum Group, Inc. announced that it has reported fourth quarter and year end financial results for the fiscal year ended October 31, 2007.
The Company reported a 4,700% increase in total revenues recorded from $95,253 in fiscal year 2006 to $4,565,140 in fiscal year 2007. Further, the Company reported a 5,044% increase in fourth quarter revenues from $2,049,004 in fiscal year 2007 as compared to $39,831 reported in same quarter for fiscal year 2006. The number of healthcare providers affiliated with Quantum subsidiary Renaissance Health System of Florida, Inc. increased 33 percent from fiscal year 2006. In October 2006, the Company had established relationships with 1,200 providers. In October of 2007, that number increased to 1,600 and further expanded to 1,800 in January of 2008.
