Sugarmade Inc (SGMD)

[ironguts]

well...they better do something....because this is not going to cut it for much longer:

Results of Operations



The following table sets forth the results of our operations for the years ended June 30, 2018 and 2017. Certain columns may not add due to rounding.



For the years ended June 30
... ……... …. 2018 …………………. 2017
Revenues, net 4,439,324 ……….. 4,100,560

Cost of goods sold: 3,226,365 ……. 2,832,798

Gross margin 1,212,959 …. 1,267,762

Operating Expense 2,454,906 ,,,, 3,986,314

Loss from operations (1,241,947),,,, (2,718,552)

Non-operating income(expense):( 5,054,444)... (1,995,145)

Net Income (Loss) ( 6,296,390)….. (4,713,697)