Trucept Announces Significant Increases in Net Income and Revenue for the Year Ending 2021
Posts seventh consecutive profitable year; Annual revenue up 43% over 2020
Trucept Inc., today has released its updated financials for the year ending 2021. The company is excited to report a 52% increase in Annual Net Income and a 43% Increase in Annual Revenue over the prior year period.
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The firm posted its seventh consecutive profitable year in 2021 with net income of $1,645,095, an increase of $563,901 or 52% over prior year. In addition, the firm posted annual revenue of $17,584,339, an increase of $5,298,826 or 43% over prior year.
CEO Norman Tipton said, “We are very pleased with the results being posted by our business units. Our core business and subsidiaries continue to experience excellent growth. Management anticipates that Trucept’s revenue and income will continue to grow and that 2022 will be a very exciting year as we implement ways to grow our Company.”
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Trucept offers professional services that help businesses navigate growth. The company’s professional services now encompass the following:
- Marketing, technology, and Accessibility Act compliance services
- Insurance offerings and third-party administrator (TPA) services
- Payroll
- Human resources and management
- Employee benefits administration
- Accounting support
- Safety and risk management
