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Re: ijeffc post# 15442

Tuesday, 04/16/2019 5:37:05 PM

Tuesday, April 16, 2019 5:37:05 PM

Post# of 30466
I’m not a financial expert, but some of the biggest take-aways from the 10-K seem to be:

1) Cost of Product sales was $405,000; Product Revenue was $651,000 - which means that Canbiola is making around 60% profit margin on its product.

2) Total Revenue for 2017 was $122,000; Total Revenue for 2018 was $668,000 - which means Canbiola is demonstrating 450% YoY growth.

From here, things look pretty good. I will be looking forward to more detailed analyses from other posters.
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