Online Vacation Center Holdings Corp. Announces FY 2019 Results

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Online Vacation Center Holdings Corp. (OTCQX: ONVC), today announced its FY 2019 results. Audited FY 2019 results included Net Revenues of $20,914,793 ($2.42 per share), Operating Income of $3,533,083 ($0.41 per share), and Net Income of $2,930,977 ($0.34 per share). These per share calculations were based on 8,654,727 shares outstanding at December 31, 2019. Complete Audited Financial Statements are available at: www.onlinevacationcenter.com/ir_home.cfm.

About Online Vacation Center Holdings Corp.

Online Vacation Center Holdings Corp. is a Florida holding company, focused on building a network of diversified vacation marketers with a wide range of products that can be cross-sold to an extensive customer base. Online Vacation Center Holdings Corp. is one of the country’s largest cruise retailers. Its portfolio of travel companies, including Online Vacation Center, Dunhill Vacations News, Luxury Link, Enrichment Journeys and Home Based Travel Experts dba Expedia CruiseShipCenters®, OVC, allows customers to research, plan and purchase a vacation. The Company, based in Fort Lauderdale, Florida, has been in business for over 40 years. Additional information can be found at www.onlinevacationcenter.com.

Contacts

Online Vacation Center Holdings Corp.

Stephen A. Rudner, 954-377-6407

[email protected]

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

For the last half century, thousands of communications professionals have turned to us to deliver their news to the audiences most important to their business through the sources they trust most. Over that time, we've gone from a single office with one full time employee to more than 500 employees in 32 bureaus.