The company generated revenues of USD217,452 for the fourth quarter ending 31 December, 2008, a drop of approximately 9% from revenues of USD240,693 generated in the fourth quarter of 2007. Universal collected revenues of USD1.189m for fiscal 2008, a high of approximately 48% over fiscal 2007.
Net loss decreased 71% from USD297,640 in 2007 to only USD87,314 in 2008. Operating expenses went down approximately 3% from USD536,987 in 2007 to USD521,637 in 2008.
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