MOUNT VERNON, N.Y.--(BUSINESS WIRE)--May 18, 2006--Clickable Enterprises, Inc. (OTCBB:CKEI - News), the first Internet-based home heating oil company, announced today that the company generated $5,052,237 in revenue for the fiscal year ended March 31, 2006, meeting its expectations and more than doubling revenue from the prior fiscal year which was reported at $2,442,466, for an astounding 107% increase. 2,247,525 gallons of oil were sold during fiscal 2006 compared with 1,546,294 gallons sold during fiscal 2005, for an increase of 45%. Gross profit more than quintupled at $479,283, compared with $85,191 over prior fiscal, resulting in an impressive 463% increase. ADVERTISEMENT
Nicholas Cirillo, Jr., president of Clickable Enterprises, said, "For the three months ended March 31, 2006 revenue was $2,440,544 compared with $1,363,282 for the same period last fiscal, or a 79% increase. Additionally, gross profit for the same comparative period was $263,333 compared with $47,337 during the same period last fiscal, or a 456% increase. These fiscal year results prove that we have been able to keep our customer volume up through effective marketing, acquisitions and reputable services despite the unusually warmer weather that the East Coast experienced this past season. We are very proud of and encouraged by these numbers and remain committed to growing our business and increasing shareholder value."
About Clickable Enterprises, Inc.
Clickable Enterprises, through its wholly owned subsidiary, ClickableOil.com, Inc., is the first Internet-based home heating oil company to offer customers affordable home heating oil and related services. Based in Mount Vernon, New York, ClickableOil.com specializes in price control, risk management and product positioning, leaving the oil delivery and services to specially chosen vendors. The company currently operates in New York, New Jersey, Pennsylvania and Connecticut, and has a license to operate in Maryland. It continues to grow geographically along the East Coast by way of acquisition and marketing efforts including its sponsorship agreement with Google, Inc. (NASDAQ:GOOG - News). For more information, please visit www.clickableoil.com.
This release and oral statements made from time to time by the Company's representatives concerning the same subject matter may contain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "plans," "intends," "believes," "will," "estimates," "forecasts," "projects" or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by the Company with the Securities and Exchange Commission, which should be considered together with any forward looking statement. No forward looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements.
Posted by ARTTEACHER on :
RUNNER TODAY!!!
Posted by djg7 on :
Gapping already.
Posted by matto on :
yupper this one is for me and ddsi, sssu good luck to all!!!!!!!
Posted by BULListic on :
Looking forward to the April monthly report as well. The Q just of kind of rehashes the three previous monthly reports, but still should get a little boost from this.
Posted by Drunner611 on :
Definitely going to be my play for the day. Great find. Great news. Great bounce.
Posted by djg7 on :
How far to you chase this gap?
Posted by Drunner611 on :
I would say we could double by the eow, we were trading at .04 only 3 months ago.
Posted by ARTTEACHER on :
Agreed....EASY 50% ..if not more
Posted by Drunner611 on :
Were looking to be up 22% by open at least.
Posted by CTMum on :
Curious how much are you all chasing the gap. I alway hate chasing immed. then end up getting in but misssed the huge opening gains.
Posted by osuidoc on :
I posted this earlier, just ticked that the guy didn/t shoot me an email to indicate they were releasing any news, nice runner today.
I wouldn't chase tooooooo far..it will retrace a bit IMO...MM's walk it back down...will take a bit before news hits everyone...2 day green IMO....
Posted by E-Z on :
Worth chasing at open???
Posted by ARTTEACHER on :
I think people are still sleeping on this one....may not have to chase far!
Posted by Drunner611 on :
Looks like you won't have to chase that high. It will only be up 11%. Definitely worth trying to get in here as I think we could break .03 today.
Posted by Drunner611 on :
Near avg volume in first 10 minutes!!! Go CKEI
Posted by ARTTEACHER on :
UP 21% WITH HUGE VOLUME!!!! RUN RUN RUN!!!
Posted by DewayneSC on :
This stock has been known to run to .07 in a short period of time. This was a good press release. Might go even higher.
Posted by redmax on :
This is a great bottom play with fantastic news.
They announced almost $500k in profits this year. Their PE is at about 4!
Posted by knicks321 on :
is that dilluting occuring?
Posted by Drunner611 on :
Slight pull back, nows your chance to get in if you missed the opening.
Posted by Drunner611 on :
We are way past the AVG volume... let her roll!!!
Posted by ARTTEACHER on :
You got it drunner...here's the walk back for a bit...then EOD should be great...Friday AM gapper too...many will read about this tonight IMO
Posted by Drunner611 on :
Have to leave watch, but I'm confident, bb in an hour. Get in while you still can!
Posted by knicks321 on :
all my stocks as of lately, they got news, right now we're over 2x the 200 day moving average....why no upticks?
Posted by Fuzzy1018 on :
is this done for today?
Posted by ARTTEACHER on :
quote:Originally posted by Fuzzy1018: is this done for today?
are you kidding? Markets been open for 35 minutes?
Posted by ARTTEACHER on :
quote:Originally posted by knicks321: all my stocks as of lately, they got news, right now we're over 2x the 200 day moving average....why no upticks?
paitence IMO.....just give the news some time to reach the masses...
Posted by knicks321 on :
i think that 14 mil in volume within less than an hour is impressive but what i see is mass dillution right now...not trying to bash cause i own shares
Posted by knicks321 on :
this should uptick today though
Posted by ARTTEACHER on :
Volume is huge...anther round of buying coming in
get in before the EOD RUN UP ...IMO
Posted by E-Z on :
That looks like it might be the bottom
Posted by ARTTEACHER on :
quote:Originally posted by E-Z: That looks like it might be the bottom
agree...good support at this .02
Posted by djg7 on :
Printing .021. Let's see this go.
Posted by ARTTEACHER on :
EOD will be great...this news was fantastic we should close around
025 IMO
Posted by Drunner611 on :
Over 2x daily average volume. Bump from morning, will run eod and for sure eow. Good luck to those who got in.
Posted by ARTTEACHER on :
strange trades going through...anyone else see that 17500 * .022?
Posted by djg7 on :
.205x.207 and holding.
Posted by ARTTEACHER on :
perfect setup for EOD run...big volume...holding steady...new support base formed....IMO
Posted by Stockguru06 on :
why isn't this running more with that news?
Posted by Bahammabound on :
if it's going to make an EOD run it better hurry.
Posted by ldbobby on :
I don't get it... I've read that PR many times now :-p... it looks great. What's going on? Something I don't know O_o
Posted by Bahammabound on :
I am just as confused as you. It sounded great to me also thought this would really run.
Posted by Bahammabound on :
Well not what I expected. What does everyone think for the morning? Maybe a delay after everyone hears the news?
Posted by OnceApenny on :
This list does not have CKEI on it for today. I think the other list shows any company that has been on the SHO list, how many days total they have been on it, anbd hw many recent consecutive days (this should show if they are *currently* on it or not!).
So, according to the other list, CKEI has been on the SHO list for a total of 6 days, bt is ot currently on it (Total Consecutive days=0).
Gotta read that other list properly!
Posted by Carp-Swing-Trader on :
Hang in there everybody. Only a matter of time. How much? Not sure, but it will run. It may try to sink down some towards the 52 week low before the major run but I hope not.I hope it has bottomed out and will run next week. But if it doesn't, I'll sit on my share eggs till they hatch. This chicken will get kickin!
Posted by GirlsGoneDocile on :
I guess I'm the only one who made cash on this today? I got in at .0143, went to eat dinner and when I got back it was at .018... I wasn't expecting the news for a week, pleasant surprise!
Posted by J_U_ICE on :
CKEI (.012) May Revs UP 150% Business Editors / Energy Editors
MOUNT VERNON, N.Y.--(BUSINESS WIRE)--June 22, 2006-- Clickable Enterprises, Inc. (OTCBB:CKEI), the first Internet-based home heating oil company, announced today that it generated $313,600 in revenue for May, compared with $125,448 generated in May 2005, representing a 150% increase. 131,421 gallons of oil were sold, compared with 79,337 gallons sold in May 2005, for a 66% increase. Gross profit was $32,026 compared with $16,708 in May 2005, representing a 92% increase. Nicholas Cirillo, Jr., president of Clickable Enterprises said, "The significant increase in revenue, gallons sold and gross profit is partially due to the counter cyclical business we recently engaged in which began in May and extends our oil season by six months." Adding, "We also retained new customers through our sponsorship agreement with Google, Inc. (NASDAQ:GOOG) and via other marketing efforts." ClickableOil is committed to providing low-cost and efficient heating oil services as it continues to grow along the East Coast through marketing, promotions and acquisitions.
About Clickable Enterprises, Inc.
Clickable Enterprises, through its wholly owned subsidiary, ClickableOil.com, Inc., is the first Internet-based home heating oil company to offer customers affordable home heating oil and related services. Based in Mount Vernon, New York, ClickableOil.com specializes in price control, risk management and product positioning, leaving the oil delivery and services to specially chosen vendors. The company currently operates in New York, New Jersey, Pennsylvania and Connecticut, and has a license to operate in Maryland. For more information, please visit www.clickableoil.com. Posted by Carp-Swing-Trader on :
I think it is set to explode up! Today saw great volume and a higher close. Should get alot of attention tomorrow with an even higher close. This should run soon IMO. With a higher close tomorrow, Monday may be the explosion day.
Posted by Fergy on :
We have some action going on here! Maybe there is news that will be hitting the wire soon. Maybe not today but with all the buys it looks like something is up. GL
Posted by ARTTEACHER on :
Something is happening...MM's are walking it up...5000 share trades....anyone got the L2's?
Posted by Wood Stock on :
I averaged down when I saw it hitting the .012's its definately running before the end of june, last time it was this low it ran to .07, i have a feeling it will have news monday.
Posted by ARTTEACHER on :
quote:Originally posted by Wood Stock: I averaged down when I saw it hitting the .012's its definately running before the end of june, last time it was this low it ran to .07, i have a feeling it will have news monday.
Me too...a lot of energy/oil deals today on the big market...Monday should be a very green day -up 38%...not bad
Posted by Fergy on :
We just might test .02
Posted by ARTTEACHER on :
I agree...EOD should be close to .02-MM's bringing it up...Here we go..
Posted by Fergy on :
Looks like we got our .02. I can't wait to see what Monday brings. Do you smell some news coming?
Posted by ARTTEACHER on :
This is set up for a big run..something is going on & the MM's of course have the heads up...IMO
Posted by Carp-Swing-Trader on :
I can't wait until next week!
Posted by Fergy on :
To all,
At the very least keep this on your radar as it could move up very quickly. If news comes out on an acquisition or the NY deal then this may go to .10 easy. Good luck to all.
Posted by Carp-Swing-Trader on :
OK, everybody ready? I think this week will be a good one for CKEI!
Posted by Wood Stock on :
.022
Posted by ARTTEACHER on :
almost at average daily volume in first five mintues...this is looking good..
Posted by Fergy on :
Looks like it might be getting ready to move through .02 soon
Posted by ruskin_muskin on :
yeah..it showed up on same scan that MGEN and NNSR showed up in for me yesterday night. left MGEN, got into CKEI.
shall move undoubtedly! GLTA!
Posted by Carp-Swing-Trader on :
Strange day. More weak hands falling out I guess. I am holding for the run.
Posted by R.A. on :
Part of the news released at 3h47 today.
Year Ended March 31, 2006 Compared To Year Ended March 31, 2005
Overall Results Of Operations
For the year ended March 31, 2006, we incurred an overall loss of $(2,223,302), or ($.02) per share, which was an increase of $968,899 from the net loss of $(1,254,402), or ($.02) per share for the prior period. The net losses for the years ended March 31, 2006 and 2005 include non-cash expenses including interest expense of $408,543 and $613,151, respectively, of which $207,347 and $383,333, respectively, relates to debt discount amortization expense, and expense charges for stock issued for services of $1,125,507 and $8,000, respectively. The year ended March 31, 2005 also includes $188,542 of amortization of deferred compensation and a gain of $250,000 for the forgiveness of interest accrued and unpaid for the convertible debentures. The increase in expense charges for stock issued for services and employee expenses are the principal causes of the increase of $968,899 in the loss from operations.
Sales
Total sales revenue for the year ended March 31, 2006 was $5,052,237 compared to $2,442,466 for the year ended March 31, 2005. The total increase of $2,609,771, or 106.8%, can be attributed principally to a sharp increase in the average selling price per gallon to $2.25 from $1.58, or 42.3%, caused by worldwide market conditions, and an increase in gallons sold of 45.3%. The increase in gallons sold is attributable to a larger customer base that increased principally through acquisition of three heating oil distributors' businesses, and to a lesser extent marketing activities, partially offset by fewer degree days in the current period due to warmer weather conditions in January-March 2006 compared to the same period in 2005.
Gross Profit
Gross profit increased by $394,092 to $479,283, or 463%, for the year ended March 31, 2006 compared to $85,191 for the year ended March 31, 2005. We also experienced an increase in gross margin to 9.5% from 3.5% for the year ended March 31, 2006 compared to the year ended March 31, 2005. The increase in gross profit is attributable to both the increase in gallons sold and the gross margin increase. The latter is principally due to the relatively more rapid and dramatic increase in product cost and rising transportation expenses experienced in the year ended March 31, 2005 compared to that experienced in the current year. This typically has an adverse impact on margins since heating oil retailers generally cannot raise selling prices as quickly as product costs increase in a rising market. Conversely, selling prices generally do not fall as quickly as product costs decrease in a falling market which is to the advantage of heating oil retailers such as us. Gross profit in the earlier period was also adversely affected by the need for the Company to liquidate certain hedging positions (at $.85 per gallon) that it had entered to match fuel costs to fixed price customer contracts. These positions were liquidated to make additional funds available to meet current operating cash needs early in the fiscal year.
Fuel oil costs, inclusive of delivery expenses, averaged $2.03 per gallon during the current year compared to $1.52 in the prior year, or an increase of 33.5%. The effect of the relatively lower percentage increase in fuel oil cost compared to the percentage increase in average selling price was to increase both gross profit and gross margin for current year.
Hmm, news, Gross profit increased by 463%, buys comming in, lets get ready to run!
Posted by Wood Stock on :
Wow could I have been any more wrong, it didnt even run in the other direction.
Posted by Carp-Swing-Trader on :
Don't feel bad Wood Stock. I thought this one would have ran further than .022 when the last PR went out. The company may have diluted on us. Put out a good PR to run the price up and then dilute. Alot of volume after that last PR came out but not much price movement- this may indicate dilution. It may get some attention after the holiday and if no dilution we should see a move upward.
Posted by Carp-Swing-Trader on :
I wish they would announce a share buy back. That would give it some pop. I can dream can't I? LOL
Posted by Carp-Swing-Trader on :
Higher volume today. Appears to be reloading. Will probably see it test support at .01 area tomorrow. With some good news maybe we will see it go past .022 this time.
Posted by ARTTEACHER on :
![[Wink]](wink.gif)
I can't wait until next week!