IMD Companies Inc (ICBU)

[Louinjaxxx]

Um, the company is in recent quarters showing profitability. If a company shows loss, but then show successive quarters of profitabily, then the focus is on what it's current trend is, not dwelling on it's profit/loss when it was busy establishing contracts, and starting to prepare commodity for delivery..

In this sense, in this industry, ICBU is essentially a startup company of the commodity....


By analogy, if you are starting a cemetery tombstone business to supliment other niche industries that are not doing so well, the first few quarters might show loss due to establishing materials sourcing, marketing the product, tooling up to engrave tombstones, etc; so for those initial quarters, yes, the company would be operating in the red,