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iCreate makes third quarter profit

Training institute iCreate made a profit in its third quarter ended September.
 
After the tax payments, the company made $6.9 million, an increase of eight per cent against its second quarter. 
 
For the same period in 2021, the company made a loss of $537,000. 
 
iCreate's revenues saw a 231.5 per cent increase over same quarter in 2021.
 
Total earnings amounted to $26.4 million, versus 7.97 million for Q3 2021.
 
iCreate says its performance was positively impacted by a mix of new business clients. 
 
Its education, advertising and e-commerce segments all contributed to its revenue growth for the period, as it looks to the diversification of its revenue streams. 


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