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Numbers are out.....

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greasemonkeyshoes   Monday, 08/13/18 08:20:02 PM
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Numbers are out.....
Profit of $11k.The new business model seems inherited these attribute/trend
1. sequential quarterly revenue increased by about 10%
2. cost lowered by 10%(from 80% of revenue)
3. sg&a lowered by 5%(from 35% of revenue)
or
a reduction of 20%-25% on the cost/expense side,a must for a high margin business model.

Again,a small revenue base generated a $11k profit,is encouraging.This early confirmation on higher margin business model,indicates the gamble seems to be working.Woowwww.

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