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Det_Robert_Thorne

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Det_Robert_Thorne

Re: maestro_of_Ihub post# 8060

Thursday, 05/16/2013 12:37:36 PM

Thursday, May 16, 2013 12:37:36 PM

Post# of 8575
Your numbers are wrong, Maestro

Another epic fail of a quarter with SG& A cost Balloning [sic] to $1.6MM/ quarter!!


SG&A expenses were $1.42M, not $1.6M. Perhaps you were confusing this with the Gross Profit of $1.64M.

And no, they didn't "balloon", but declined to 35% of revenue versus about 38% one year ago.

Yeah, profits need to be improved, but if they do $16M to $18M in FY13, profits will follow.
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