Salvation Mountain, a privately held company with a history of running for national and international elections, reported a $1.5 billion increase in revenue for the first quarter, fueled by stronger-than-expected sales of its green mountain stock and iron mountain stocks.
The stock has seen record profits in recent years as it continues to expand its holdings in the mountains of South America, including the Sierra Nevada and Baja California mountains.
But the stock was on a tear after the election of Donald Trump in November, when the stock soared nearly 40 percent.
The company also reported a 3 percent increase in net income for the quarter, and a 1.3 percent increase revenue for its fiscal year, which ends Sept. 30.
For its fiscal 2018, the company reported $2.9 billion in revenue, up from $2 billion for the previous fiscal year.
The company has also expanded its presence in the world of equities.
In its most recent quarterly earnings release, the New York-based company reported that it had more than $11 billion in cash, $2 trillion in market capitalization and more than 1,500 employees.
It also reported that the company has raised $1 billion in funding.