Dryworld Brands Inc (OTCMKTS:IBGR) Stock On Radar After Order Update

Yesterday Dryworld Brands Inc (OTCMKTS:IBGR) was in focus after the company provided an update about the growth in revenues that it generated in the second fiscal quarter of 2023. The company announced that the growth recorded up until yesterday stood at $50000 and that exceeded the entire revenues that had been recorded in the entire fiscal year of 2022.

Trading Data     

On Wednesday, IBGR stock slumped 0.11% to $0.0137 with more than 164.17K shares, compared to volume of 155.41K shares. The stock moved within a range of $0.0100 – 0.0140 after opening trade at $0.0100.

DRYWORLD 5X’s Q2 Revenues with Malibu Triathlon Order

The Arena Games Triathlon London event had been one of the contributors, having generated over 90 orders that led to more than $5000 in total sales. Additionally, the Malibu Triathlon was another event that managed to place order to the tune of more than $35000. Thanks to these orders DRYWORLDS had started to realize some gains from its decision to sponsor the Super League Triathlon.

The company went on to add that the fact that the Super League Triathlon had acquired the iconic New York and Chicago Triathlons earlier on in 2023 could potentially more revenues for DRYWORLD. The rest of the $10000 in revenues that the company generated came from Triton World Series, D Teamwear sales and D Online Shop. It could be a good idea for investors to keep an eye on further developments at the company.