Labor Smart Inc (LTNC)

[sobe4life]

A disgrace? Why because the stock is down?

How about what he's done with is company as a start up in three short years?

As an aggressive growth company, Labor SMART looks impressive!

-2011: $165,000 revenues (audited)

-2012: $7,100,000 revenues (audited)

-2013: $16,100,000 revenues (audited)

- Revenue for the nine months ended September 26, 2014 increased 52% to $18.1 million as compared to $11.9 million for the nine months ended September 30, 2013.

-2014: $25,000,000 revenues (PROJECTED) with the company showing $4 million in A/R, $1.5 million cash (PROJECTED) and positive EBITDA

-Growth from 2 to 30 branches in just three years

As of 11 November 2014:

-Increased gross profit margins from 15% to 25% over the last 12 months

-Revenues up 28% to $6.8 million vs. $5.3 million a year ago

- Same branch revenue up 12.5% year-over-year

- Over 1400 customers

- EBITDA of $121,577

- Adjusted EBITDA of $344,731

Outstanding shares as of November 4, 2014: 55.5 million.