Thursday, October 29, 2015 10:32:27 PM
For the three months ending March 31, 2015, the Company reported total gross aviation related revenues of $1.75 million, as compared to $1.71 million for the same period in 2014. The Company further reported that gross margins doubled from 12% to 24%.
The Company also reported that it had completed restructuring its model for operating costs including a new advertising and promotional methodology, resulting in such advertising and promotional costs being reduced by over 60% over the first quarter of 2014.
My opinions are my own, and based on the knowledge I have acquired over the years of owning and operating businesses on a daily basis. They are my analysis and should not be interpreted as investment advice. Basically, just an analysis. NO more, No less.
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