Friday, August 18, 2017 7:51:39 PM
Very Healthy Q2:
Revenue up by 104% year-over-year: from $678K in Q2 2016 to $1.38M in Q2 2017
Margin increased from 65% to 71% quarter-to-quarter
Gross profit up by $542K year-over-year for the quarter: from $442K in Q2 2016 to $1.79M in Q2 2017
Income from operations increased YTD from a loss of ($272K) in Q2 2016 to a gain of $100K in Q2 2017, a six-month comparison
Cash Flow is positive YTD at $785K compared to $165K this time last year, a six-month comparison
Working Capital Deficit down 6.9% from $5.8M in Q2 2016 to $5.4M in Q2 2017
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