_id
6918445c3c536f8df2317736
Ticker
XLPI
Name
XcelPlus International Inc
Exchange
PINK
Address
, Saltsburg, PA, United States
Country
USA
Sector
Industrials
Industry
Pollution & Treatment Controls
Currency
USD
Website
https://xcelplusint.com
Description
Xcelplus International, Inc. operates as a waste-coal-to-energy company that converts waste coal into clean energy. The company is based in Saltsburg, Pennsylvania.
Last Close
0.005
Volume
-
Current Price
0.005
Change
0
Last Updated
2026-01-08T13:06:35.971Z
Image
https://logo.clearbit.com/xcelplusint.com
Ipo Date
-
Market Cap
196056
Next Dividend Date
-
Dividend Frequency
-
Dividend Rate
-
Dividend Yield
0
Sentiment
-
Sentiment Sources
0
Current Quarter
2007-06-30
Revenue
70610
Cost Of Revenue
104366
Gross Profit
-174976
Operating Expenses
135899
Operating Income
-206509
Interest Expense
0
Pretax Income
-209048
Net Income
-209048
Eps
-
Dividends Per Share
0
Shares Outstanding
39211284
Income Tax Expense
0
EBITDA
-
Operating Margin
-292.4642401926073
Total Other Income Expense Net
-2539
Cash
2039
Short Term Investments
0
Receivables
108564
Inventories
0
Total Current Assets
187983
Property Plant Equipment
123253
Total Assets
439455
Payables
261705
Short Term Debt
0
Long Term Debt
0
Total Liabilities
291822
Equity
147636
Bs_currency_symbol
USD
Depreciation
0
Change In Working Capital
-
Cash From Operations
-250092
Capital Expenditures
0
Cash From Investing
657427
Cash From Financing
-405882
Net Change In Cash
1454
Cf_currency_symbol
USD
PE
-
PB
-
ROE
-141.59690048497657
ROA
-47.569830813166305
FCF
-250092
Fcf Percent
-3.541877920974366
Piotroski FScore
0
Health Score
25
Deep Value Investing Score
1.5
Defensive Investing Score
4
Dividend Investing Score
1.5
Economic Moat Investing Score
4.3
Garp Investing Score
3.5
Growth Investing Score
3
Momentum Investing Score
4
Net Net Investing Score
1
Quality Investing Score
2
Value Investing Score
2
Quarters > 0 > quarter
2007-06-30
Quarters > 0 > income Statement > revenue
70610
Quarters > 0 > income Statement > cost Of Revenue
104366
Quarters > 0 > income Statement > gross Profit
-174976
Quarters > 0 > income Statement > operating Expenses
135899
Quarters > 0 > income Statement > operating Income
-206509
Quarters > 0 > income Statement > interest Expense
0
Quarters > 0 > income Statement > pretax Income
-209048
Quarters > 0 > income Statement > net Income
-209048
Quarters > 0 > income Statement > eps
-
Quarters > 0 > income Statement > dividends Per Share
0
Quarters > 0 > income Statement > shares Outstanding
-
Quarters > 0 > income Statement > income Tax Expense
0
Quarters > 0 > income Statement > EBITDA
-
Quarters > 0 > income Statement > operating Margin
-292.4642401926073
Quarters > 0 > income Statement > total Other Income Expense Net
-2539
Quarters > 0 > income Statement > currency_symbol
USD
Quarters > 0 > balance Sheet > cash
2039
Quarters > 0 > balance Sheet > short Term Investments
0
Quarters > 0 > balance Sheet > receivables
108564
Quarters > 0 > balance Sheet > inventories
0
Quarters > 0 > balance Sheet > total Current Assets
187983
Quarters > 0 > balance Sheet > property Plant Equipment
123253
Quarters > 0 > balance Sheet > total Assets
439455
Quarters > 0 > balance Sheet > payables
261705
Quarters > 0 > balance Sheet > short Term Debt
0
Quarters > 0 > balance Sheet > long Term Debt
0
Quarters > 0 > balance Sheet > total Liabilities
291822
Quarters > 0 > balance Sheet > equity
147636
Quarters > 0 > balance Sheet > currency_symbol
USD
Quarters > 0 > cash Flow > net Income
-209048
Quarters > 0 > cash Flow > depreciation
0
Quarters > 0 > cash Flow > change In Working Capital
-
Quarters > 0 > cash Flow > cash From Operations
-250092
Quarters > 0 > cash Flow > capital Expenditures
0
Quarters > 0 > cash Flow > cash From Investing
657427
Quarters > 0 > cash Flow > cash From Financing
-405882
Quarters > 0 > cash Flow > net Change In Cash
1454
Quarters > 0 > cash Flow > currency_symbol
USD
Quarters > 0 > ratios > PE
-
Quarters > 0 > ratios > PB
-
Quarters > 0 > ratios > ROE
-141.59690048497657
Quarters > 0 > ratios > ROA
-47.569830813166305
Quarters > 0 > ratios > FCF
-250092
Quarters > 0 > ratios > Piotroski FScore
0
Quarters > 0 > ratios > fcf Percent
-3.541877920974366
Quarters > 0 > health Score
25
Quarters > 1 > quarter
2007-03-31
Quarters > 1 > income Statement > revenue
39176
Quarters > 1 > income Statement > cost Of Revenue
27263
Quarters > 1 > income Statement > gross Profit
11913
Quarters > 1 > income Statement > operating Expenses
86760
Quarters > 1 > income Statement > operating Income
-47584
Quarters > 1 > income Statement > interest Expense
1200
Quarters > 1 > income Statement > pretax Income
-56102
Quarters > 1 > income Statement > net Income
-56102
Quarters > 1 > income Statement > eps
-
Quarters > 1 > income Statement > dividends Per Share
0
Quarters > 1 > income Statement > shares Outstanding
-
Quarters > 1 > income Statement > income Tax Expense
0
Quarters > 1 > income Statement > EBITDA
-
Quarters > 1 > income Statement > operating Margin
-121.46211966510107
Quarters > 1 > income Statement > total Other Income Expense Net
-8518
Quarters > 1 > income Statement > currency_symbol
USD
Quarters > 1 > balance Sheet > cash
585
Quarters > 1 > balance Sheet > short Term Investments
0
Quarters > 1 > balance Sheet > receivables
230035
Quarters > 1 > balance Sheet > inventories
0
Quarters > 1 > balance Sheet > total Current Assets
328031
Quarters > 1 > balance Sheet > property Plant Equipment
780679
Quarters > 1 > balance Sheet > total Assets
1236929
Quarters > 1 > balance Sheet > payables
265355
Quarters > 1 > balance Sheet > short Term Debt
348272.82
Quarters > 1 > balance Sheet > long Term Debt
402882
Quarters > 1 > balance Sheet > total Liabilities
877240
Quarters > 1 > balance Sheet > equity
359691
Quarters > 1 > balance Sheet > currency_symbol
USD
Quarters > 1 > cash Flow > net Income
-56102
Quarters > 1 > cash Flow > depreciation
0
Quarters > 1 > cash Flow > change In Working Capital
-
Quarters > 1 > cash Flow > cash From Operations
11472
Quarters > 1 > cash Flow > capital Expenditures
136
Quarters > 1 > cash Flow > cash From Investing
-293
Quarters > 1 > cash Flow > cash From Financing
-11000
Quarters > 1 > cash Flow > net Change In Cash
178
Quarters > 1 > cash Flow > currency_symbol
USD
Quarters > 1 > ratios > PE
-
Quarters > 1 > ratios > PB
-
Quarters > 1 > ratios > ROE
-15.597276551262054
Quarters > 1 > ratios > ROA
-4.535587733814956
Quarters > 1 > ratios > FCF
11336
Quarters > 1 > ratios > Piotroski FScore
2
Quarters > 1 > ratios > fcf Percent
0.28936083316316114
Quarters > 1 > health Score
41
Quarters > 2 > quarter
2006-12-31
Quarters > 2 > income Statement > revenue
29901
Quarters > 2 > income Statement > cost Of Revenue
19934
Quarters > 2 > income Statement > gross Profit
9967
Quarters > 2 > income Statement > operating Expenses
100144
Quarters > 2 > income Statement > operating Income
-70243
Quarters > 2 > income Statement > interest Expense
4100
Quarters > 2 > income Statement > pretax Income
-213895
Quarters > 2 > income Statement > net Income
-213895
Quarters > 2 > income Statement > eps
-
Quarters > 2 > income Statement > dividends Per Share
0
Quarters > 2 > income Statement > shares Outstanding
-
Quarters > 2 > income Statement > income Tax Expense
0
Quarters > 2 > income Statement > EBITDA
-
Quarters > 2 > income Statement > operating Margin
-234.91856459650177
Quarters > 2 > income Statement > total Other Income Expense Net
-143652
Quarters > 2 > income Statement > currency_symbol
USD
Quarters > 2 > balance Sheet > cash
520
Quarters > 2 > balance Sheet > short Term Investments
0
Quarters > 2 > balance Sheet > receivables
235790
Quarters > 2 > balance Sheet > inventories
111616
Quarters > 2 > balance Sheet > total Current Assets
354626
Quarters > 2 > balance Sheet > property Plant Equipment
780379
Quarters > 2 > balance Sheet > total Assets
1263224
Quarters > 2 > balance Sheet > payables
225068
Quarters > 2 > balance Sheet > short Term Debt
502866.46
Quarters > 2 > balance Sheet > long Term Debt
402882
Quarters > 2 > balance Sheet > total Liabilities
835993
Quarters > 2 > balance Sheet > equity
377238
Quarters > 2 > balance Sheet > currency_symbol
USD
Quarters > 2 > cash Flow > net Income
-213895
Quarters > 2 > cash Flow > depreciation
0
Quarters > 2 > cash Flow > change In Working Capital
-
Quarters > 2 > cash Flow > cash From Operations
-30793
Quarters > 2 > cash Flow > capital Expenditures
50
Quarters > 2 > cash Flow > cash From Investing
-50
Quarters > 2 > cash Flow > cash From Financing
25900
Quarters > 2 > cash Flow > net Change In Cash
-4940
Quarters > 2 > cash Flow > currency_symbol
USD
Quarters > 2 > ratios > PE
-
Quarters > 2 > ratios > PB
-
Quarters > 2 > ratios > ROE
-56.70027939921217
Quarters > 2 > ratios > ROA
-16.932468034172878
Quarters > 2 > ratios > FCF
-30843
Quarters > 2 > ratios > Piotroski FScore
1
Quarters > 2 > ratios > fcf Percent
-1.031503963078158
Quarters > 2 > health Score
22
Quarters > 3 > quarter
2006-09-30
Quarters > 3 > income Statement > revenue
68963
Quarters > 3 > income Statement > cost Of Revenue
49340
Quarters > 3 > income Statement > gross Profit
19623
Quarters > 3 > income Statement > operating Expenses
423824
Quarters > 3 > income Statement > operating Income
-354861
Quarters > 3 > income Statement > interest Expense
180
Quarters > 3 > income Statement > pretax Income
-365783
Quarters > 3 > income Statement > net Income
-365783
Quarters > 3 > income Statement > eps
-
Quarters > 3 > income Statement > dividends Per Share
0
Quarters > 3 > income Statement > shares Outstanding
-
Quarters > 3 > income Statement > income Tax Expense
0
Quarters > 3 > income Statement > EBITDA
-
Quarters > 3 > income Statement > operating Margin
-514.5672317039572
Quarters > 3 > income Statement > total Other Income Expense Net
-10922
Quarters > 3 > income Statement > currency_symbol
USD
Quarters > 3 > balance Sheet > cash
7540
Quarters > 3 > balance Sheet > short Term Investments
0
Quarters > 3 > balance Sheet > receivables
235791
Quarters > 3 > balance Sheet > inventories
0
Quarters > 3 > balance Sheet > total Current Assets
384960
Quarters > 3 > balance Sheet > property Plant Equipment
780335
Quarters > 3 > balance Sheet > total Assets
1293514
Quarters > 3 > balance Sheet > payables
75270
Quarters > 3 > balance Sheet > short Term Debt
361102.45
Quarters > 3 > balance Sheet > long Term Debt
402882
Quarters > 3 > balance Sheet > total Liabilities
682386
Quarters > 3 > balance Sheet > equity
611130
Quarters > 3 > balance Sheet > currency_symbol
USD
Quarters > 3 > cash Flow > net Income
-365783
Quarters > 3 > cash Flow > depreciation
0
Quarters > 3 > cash Flow > change In Working Capital
-
Quarters > 3 > cash Flow > cash From Operations
-361990
Quarters > 3 > cash Flow > capital Expenditures
4032
Quarters > 3 > cash Flow > cash From Investing
-4032
Quarters > 3 > cash Flow > cash From Financing
353950
Quarters > 3 > cash Flow > net Change In Cash
-12073
Quarters > 3 > cash Flow > currency_symbol
USD
Quarters > 3 > ratios > PE
-
Quarters > 3 > ratios > PB
-
Quarters > 3 > ratios > ROE
-59.8535499811824
Quarters > 3 > ratios > ROA
-28.278240513825132
Quarters > 3 > ratios > FCF
-366022
Quarters > 3 > ratios > Piotroski FScore
1
Quarters > 3 > ratios > fcf Percent
-5.307512724214434
Quarters > 3 > health Score
26
Annuals > 0 > quarter
2006-12-31
Annuals > 0 > income Statement > revenue
419735
Annuals > 0 > income Statement > cost Of Revenue
144144
Annuals > 0 > income Statement > gross Profit
275591
Annuals > 0 > income Statement > operating Expenses
990967
Annuals > 0 > income Statement > operating Income
-571232
Annuals > 0 > income Statement > interest Expense
0
Annuals > 0 > income Statement > pretax Income
-734299
Annuals > 0 > income Statement > net Income
-734299
Annuals > 0 > income Statement > eps
-
Annuals > 0 > income Statement > dividends Per Share
0
Annuals > 0 > income Statement > shares Outstanding
-
Annuals > 0 > income Statement > income Tax Expense
0
Annuals > 0 > income Statement > EBITDA
-
Annuals > 0 > income Statement > operating Margin
-136.09348755762565
Annuals > 0 > income Statement > total Other Income Expense Net
-163067
Annuals > 0 > income Statement > currency_symbol
USD
Annuals > 0 > balance Sheet > cash
520
Annuals > 0 > balance Sheet > short Term Investments
0
Annuals > 0 > balance Sheet > receivables
235790
Annuals > 0 > balance Sheet > inventories
111616
Annuals > 0 > balance Sheet > total Current Assets
354626
Annuals > 0 > balance Sheet > property Plant Equipment
780379
Annuals > 0 > balance Sheet > total Assets
1263224
Annuals > 0 > balance Sheet > payables
225068
Annuals > 0 > balance Sheet > short Term Debt
502866.46
Annuals > 0 > balance Sheet > long Term Debt
402882
Annuals > 0 > balance Sheet > total Liabilities
835993
Annuals > 0 > balance Sheet > equity
377238
Annuals > 0 > balance Sheet > currency_symbol
USD
Annuals > 0 > cash Flow > net Income
-734299
Annuals > 0 > cash Flow > depreciation
0
Annuals > 0 > cash Flow > change In Working Capital
-
Annuals > 0 > cash Flow > cash From Operations
-862802
Annuals > 0 > cash Flow > capital Expenditures
26834
Annuals > 0 > cash Flow > cash From Investing
-27198
Annuals > 0 > cash Flow > cash From Financing
891450
Annuals > 0 > cash Flow > net Change In Cash
1448
Annuals > 0 > cash Flow > currency_symbol
USD
Annuals > 0 > ratios > PE
-
Annuals > 0 > ratios > PB
-
Annuals > 0 > ratios > ROE
-194.65138718792912
Annuals > 0 > ratios > ROA
-58.12896208431759
Annuals > 0 > ratios > FCF
-889636
Annuals > 0 > ratios > Piotroski FScore
1
Annuals > 0 > ratios > fcf Percent
-2.11951826747829
Annuals > 0 > health Score
22
Annuals > 1 > quarter
2005-12-31
Annuals > 1 > income Statement > revenue
51220
Annuals > 1 > income Statement > cost Of Revenue
25584
Annuals > 1 > income Statement > gross Profit
25636
Annuals > 1 > income Statement > operating Expenses
370406
Annuals > 1 > income Statement > operating Income
-319186
Annuals > 1 > income Statement > interest Expense
0
Annuals > 1 > income Statement > pretax Income
-349055
Annuals > 1 > income Statement > net Income
-349055
Annuals > 1 > income Statement > eps
-
Annuals > 1 > income Statement > dividends Per Share
0
Annuals > 1 > income Statement > shares Outstanding
-
Annuals > 1 > income Statement > income Tax Expense
0
Annuals > 1 > income Statement > EBITDA
-
Annuals > 1 > income Statement > operating Margin
-623.166731745412
Annuals > 1 > income Statement > total Other Income Expense Net
-29869
Annuals > 1 > income Statement > currency_symbol
USD
Annuals > 1 > balance Sheet > cash
-1503
Annuals > 1 > balance Sheet > short Term Investments
0
Annuals > 1 > balance Sheet > receivables
23999
Annuals > 1 > balance Sheet > inventories
0
Annuals > 1 > balance Sheet > total Current Assets
61041
Annuals > 1 > balance Sheet > property Plant Equipment
753183
Annuals > 1 > balance Sheet > total Assets
942443
Annuals > 1 > balance Sheet > payables
42462
Annuals > 1 > balance Sheet > short Term Debt
345524.87
Annuals > 1 > balance Sheet > long Term Debt
402882
Annuals > 1 > balance Sheet > total Liabilities
676986
Annuals > 1 > balance Sheet > equity
265459
Annuals > 1 > balance Sheet > currency_symbol
USD
Annuals > 1 > cash Flow > net Income
-349055
Annuals > 1 > cash Flow > depreciation
0
Annuals > 1 > cash Flow > change In Working Capital
-
Annuals > 1 > cash Flow > cash From Operations
-133229
Annuals > 1 > cash Flow > capital Expenditures
568270
Annuals > 1 > cash Flow > cash From Investing
-536752
Annuals > 1 > cash Flow > cash From Financing
668633
Annuals > 1 > cash Flow > net Change In Cash
-1348
Annuals > 1 > cash Flow > currency_symbol
USD
Annuals > 1 > ratios > PE
-
Annuals > 1 > ratios > PB
-
Annuals > 1 > ratios > ROE
-131.4911153888171
Annuals > 1 > ratios > ROA
-37.03725318135951
Annuals > 1 > ratios > FCF
-701499
Annuals > 1 > ratios > Piotroski FScore
0
Annuals > 1 > ratios > fcf Percent
-13.695802420929324
Annuals > 1 > health Score
21
Annuals > 2 > quarter
2004-12-31
Annuals > 2 > income Statement > revenue
35844
Annuals > 2 > income Statement > cost Of Revenue
13326
Annuals > 2 > income Statement > gross Profit
22518
Annuals > 2 > income Statement > operating Expenses
591903
Annuals > 2 > income Statement > operating Income
-556059
Annuals > 2 > income Statement > interest Expense
0
Annuals > 2 > income Statement > pretax Income
-560970
Annuals > 2 > income Statement > net Income
-560970
Annuals > 2 > income Statement > eps
-
Annuals > 2 > income Statement > dividends Per Share
0
Annuals > 2 > income Statement > shares Outstanding
-
Annuals > 2 > income Statement > income Tax Expense
0
Annuals > 2 > income Statement > EBITDA
-
Annuals > 2 > income Statement > operating Margin
-1551.3307666555072
Annuals > 2 > income Statement > total Other Income Expense Net
-4911
Annuals > 2 > income Statement > currency_symbol
USD
Annuals > 2 > balance Sheet > cash
-154
Annuals > 2 > balance Sheet > short Term Investments
0
Annuals > 2 > balance Sheet > receivables
538
Annuals > 2 > balance Sheet > inventories
0
Annuals > 2 > balance Sheet > total Current Assets
18479
Annuals > 2 > balance Sheet > property Plant Equipment
189981
Annuals > 2 > balance Sheet > total Assets
363128
Annuals > 2 > balance Sheet > payables
1812
Annuals > 2 > balance Sheet > short Term Debt
0
Annuals > 2 > balance Sheet > long Term Debt
0
Annuals > 2 > balance Sheet > total Liabilities
14355
Annuals > 2 > balance Sheet > equity
348775
Annuals > 2 > balance Sheet > currency_symbol
USD
Annuals > 2 > cash Flow > net Income
-560970
Annuals > 2 > cash Flow > depreciation
0
Annuals > 2 > cash Flow > change In Working Capital
-
Annuals > 2 > cash Flow > cash From Operations
-617961
Annuals > 2 > cash Flow > capital Expenditures
158460
Annuals > 2 > cash Flow > cash From Investing
-160369
Annuals > 2 > cash Flow > cash From Financing
778612
Annuals > 2 > cash Flow > net Change In Cash
275
Annuals > 2 > cash Flow > currency_symbol
USD
Annuals > 2 > ratios > PE
-
Annuals > 2 > ratios > PB
-
Annuals > 2 > ratios > ROE
-160.84008314816143
Annuals > 2 > ratios > ROA
-154.4827168381397
Annuals > 2 > ratios > FCF
-776421
Annuals > 2 > ratios > Piotroski FScore
1
Annuals > 2 > ratios > fcf Percent
-21.661114830934046
Annuals > 2 > health Score
36
Valuation > final Score
50
Valuation > verdict
Fair
Profitability > metrics > ROE
-141.59690048497657
Profitability > metrics > ROA
-111.20580052451552
Profitability > metrics > Net Margin
-2.9606004815181985
Profitability > final Score
0
Profitability > verdict
Weak
Risk > metrics > Debt Equity
1.9766317158416646
Risk > metrics > Interest Coverage
-81.33477747144545
Risk > final Score
-295
Risk > verdict
High
Liquidity > metrics > Current Ratio
0.7183011405972374
Liquidity > metrics > Quick Ratio
0.7183011405972374
Liquidity > final Score
46
Liquidity > verdict
Weak
Prev Valuations > 0
50
Prev Valuations > 1
50
Prev Valuations > 2
50
Prev Profitabilities > 0
0
Prev Profitabilities > 1
0
Prev Profitabilities > 2
0
Prev Risks > 0
-141
Prev Risks > 1
-51
Prev Risks > 2
-7856
Prev Liquidities > 0
37
Prev Liquidities > 1
27
Prev Liquidities > 2
54
Updated At
2026-01-20T22:50:39.613Z
Xcelplus International, Inc. operates as a waste-coal-to-energy company that converts waste coal into clean energy. The company is based in Saltsburg, Pennsylvania.
Stock Price
$0.00
decrease compared to yesterday.
Dividend
Frequency:
Rate:
N/ANext Payout:
N/AXcelPlus Acquires Waste-to-Energy Plasma Gasification Company TMX Newsfile
Read more →(Last Updated 2007-06-30)
Health Score
Return on Equity (ROE)
-
Very Low
Low ≤ 5%
High ≥ 25%
Return on Assets (ROA)
-
Very Low
Low ≤ 2%
High ≥ 10%
Free Cash Flow - Revenue % (FCF)
-
Very Low
Low ≤ 5%
High ≥ 15%
Debt to Equity
-
Very Low
Low ≥ 1
High ≤ 0.3
* Institutions hold a combined 0.00% of the total shares of XcelPlus International Inc
* Investors data is estimated based on stocks listed on Finnton that are currently held by Institution/Fund.
No earnings data available.
(Last Updated 2007-06-30)
(Last Updated 2007-06-30)
Revenue
$ 0
Cost Of Revenue
$ 0
Gross Profit
$ 0
Operating Expenses
$ 0
Operating Income
$ 0
Interest Expense
$ 0
Pretax Income
$ 0
Net Income
$ 0
Income Tax Expense
$ 0
EBITDA
$ 0
Total Other Income Expense Net
$ 0
Earnings Per Share
0
Dividends Per Share
0
Shares Outstanding
0
Operating Margin
0%
(Last Updated 2007-06-30)
Cash
$ 0
Short Term Investments
$ 0
Receivables
$ 0
Inventories
$ 0
Total Current Assets
$ 0
Property Plant Equipment
$ 0
Total Assets
$ 0
Payables
$ 0
Short Term Debt
$ 0
Long Term Debt
$ 0
Total Liabilities
$ 0
Equity
$ 0
(Last Updated 2007-06-30)
Net Income
$ 0
Depreciation
$ 0
Change In Working Capital
$ 0
Cash From Operations
$ 0
Capital Expenditures
$ 0
Cash From Investing
$ 0
Cash From Financing
$ 0
Net Change In Cash
$ 0
Disclaimer: Finnton is a stock screener tool provided for informational and educational purposes only. The data, analysis, and insights offered on this website do not constitute financial, investment, tax, or legal advice. Users are solely responsible for their own investment decisions, and Finnton makes no guarantees regarding the accuracy, completeness, or reliability of the information provided. Past performance is not indicative of future results. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.