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Re: Neophius post# 122922

Tuesday, 05/23/2017 7:32:34 PM

Tuesday, May 23, 2017 7:32:34 PM

Post# of 141782
Looking a little deeper (I will do a more thorough analysis later), they are better than they first appear!

They took a huge depreciation expense $108k which would have otherwise popped their net income to over $160k.

They paid down debt, and invested $84k into upgrading and/or expanding their network.