Southern Home Medical Inc (SHOM)

[UndergroundTrader]

The increase in payroll and lack of increase in sales is what I attribute to decrease in net profit in Q3. Again, expect to see that corrected in Q4 if my assumptions are correct. Despite that:

2014 Net Profit - -$69,454
Q1 2015 Net Profit - $29,196
Q2 2015 Net Profit - $33,549
Q3 2015 Net Profit - $12,204

So far net profit is at +$74,549

Needless to say, I would be quite happy with a 10% Net Profit Margin for 2015, and could happen easily I believe.

Margins could actually be better than that moving forward, given two items.

We made a large charitable contribution in Q3, and spent a fair sum on computer equipment in Q1. It's doubtful the computer equipment will be duplicated, and we will have to see what happens with charitable contributions moving forward.