Multi-Media Tutorial Services Inc (PK:MMTS)
Business Focus: Education & Training Information Providers
| Sector: Industrials | Industry: Professional Information Services |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 205 Kings Hwy BROOKLYN NY 11223 |
| Tel: | N/A |
| Website: | mathmadeeasy.net |
| IR: | See website |
| Key People | ||
| Barry Reichman Chief Executive Officer, Chief Financial Officer, Director | Anne Reichman Secretary, Director | |
| Business Overview |
| Multimedia Tutorial Services Inc. is a provider of educational products and services. The Company provides online tutoring and learning services through Math Made Easy and Tutorial Channel, which is a division of Math Made Easy. Math Made Easy provides online review programs for elementary school, middle school, high school and college math, which are available on digital versatile discs (DVD), video home systems (VHS) and compact disc read-only-memory (CD-ROM). Math Made Easy's products and solutions include math DVDs, learning math, algebra software and math programs. Tutorial Channel is an online math tutorial service with online exams and practice sessions. It also offers streaming videos focused on grade school, high school and college math, and provides review and instruction in all subjects. The Company offers tutoring for subjects, such as mathematics, science and English. |
| Financial Overview |
| For the nine months ended 30 November 2008, Multi-Media Tutorial Services Inc revenues decreased 32% to $341K. Net loss decreased 31% to $787K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Selling general and administrative exp. decrease of 35% to $793K (expense), Interest Expense decrease of 27% to $282K (expense). |
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