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Re: StockScout1 post# 132574

Thursday, 07/09/2015 9:43:12 PM

Thursday, July 09, 2015 9:43:12 PM

Post# of 183655
Grow Big supposedly does $5 million in sales annually. Do they make a profit? If so, what are its earnings?

Name one? Well, there's PHOT. It's late--very late--with its 10-K, but its third quarter net revenue in 2014 was $2.1 million. In the second quarter it was $2.3 million; in the first quarter, $2.4 million. Extrapolating in the absence of information about Q4, net revenues for the entire year must have been at least $8 million; probably more.

But hey, check out those cost of sales numbers. PHOT is operating at a very large loss.

http://www.otcmarkets.com/stock/PHOT/filings