Friday, June 22, 2018 2:39:01 PM
RXMD turned out a 23% profit margin for 1st Qtr 2018
Gross Profit Margin % for 2017 was 27.2%
Quarter......... Net Sales/Qtr Gross Profit Gross Profit%
1st Qtr 2017.... $4,847,663.... $1,578,960.... 32.6%
2nd Qtr 2017.... $5,173,064.... $1,295,513.... 25.0%
3rd Qtr 2017.... $5,087,079.... $1,187,314.... 23.3%
4th Qtr 2017.... $5,002,936.... $1,404,330.... 28.1%
Total for 2017.... $20,110,742.00.... $5,466,117.... 27.2%
Gross Margin took a hit due to reimbursements changes 1st quarter, they need to make adjustments. It's 1 quarter we are looking at in 2018, they have had similar fluctuations in the past and this 1 quarter was comparing to our top margin producing Quarter to date of 32.6% in 2017. Let's hope it improves for 2nd quarter, if even slightly.
Here's some previous quarters for reflection on fluctuations that can occur within any given FY.
Gross Profit Margin % 1st Qtr 2016: 23.5%
Gross Profit Margin % 3rd Qtr 2017: 23.3%
Gross Profit Margin % 3rd Qtr 2016: 28.5%
Gross Profit Margin % 1st Qtr 2017: 32.6%
Gross Profit Margin % 4th Qtr 2016: 31.5%
Gross Profit Margin % 4th Qtr 2017: 28.1%
"To Give Anything Less Than Your Best, Is To Sacrifice the Gift." - Steve Prefontaine
Selling shares at $.019 prior to run to $.26 would have been my biggest failure. Glad it wasn't me!! ;-)
Recent RXMD News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 03:51:39 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 08/06/2024 08:54:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 07:54:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 04:38:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2023 04:16:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 01:40:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 01:34:02 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 01:20:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/20/2023 04:05:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/20/2023 04:04:51 PM
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