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Post# of 173735
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Re: Knowledge is King post# 167491

Thursday, 09/10/2015 8:57:56 AM

Thursday, September 10, 2015 8:57:56 AM

Post# of 173735
ASNB website updates: SEC and news info updated. Love the trend here, especially the SG&A cost reduction. Good management, imo, and happy about the updates and recent news release.

http://www.advbiomaterials.com/Q1-FY2016%20Earnings%20PR_FINAL%20(150820).pdf

Multi-year trend (their fiscal year ends March 31)
Revenues -
2012 $1.86 million
2013 $2.19 million
2014 $2.63 million
2015 $2.57 million

Gross profit
2012 $969 thousand
2013 $1.38 million
2014 $1.62 million
2015 $1.65 million

SG&A expenses
2012 $1.84 million
2013 $1.61 million
2014 $1.43 million
2015 $1.22 million

Profit (loss) from operations
2012 ($1,496,000)
2013 ($671,000)
2014 ($207,000)
2015 $68,000

My posts are my opinion. Do not be influenced by anything you read on any message board website unless you can confirm it.

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