After having emerged as a significant gainer earlier on this year, the RushNet Inc (OTCMKTS:RSHN) stock has not had a great time over the course of the past week. In the past week, it has declined by as much as 13% and it is perhaps now time for investors to investigate if the recent fall could be an opportunity or not.
Yesterday, RushNet was in the news after it announced its subsidiary company heliosDX managed to hit a key milestone in its quest for growth in 2021. It was announced that in the year up until September 10, 2021, heliosDX managed to surpass its revenues for the whole of 2020 already.
The company managed to generate revenues of as much as $4,305,744.84 in 2021 up until September 10, 2021. In addition to that, the company also managed to bring in gross profits to the tune of as much as $3,504,667.24 during the same period. As things stand, heliosDX is currently on course to eventually hit revenues of $6,000,000 for the year. It was also announced that due to its focus on behavioural toxicology service space and in infectious diseases, heliosDX is in a position to meet or surpass its targets.