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Re: ProfitScout post# 65

Friday, 05/24/2019 12:54:55 PM

Friday, May 24, 2019 12:54:55 PM

Post# of 148
The nicely increasing revenues we are seeing with RVIV reflect the company's successful penetration into the very high dollar value hair care marketplace which is expected to continue growing substantially.

From the RVIV news:

Revenues increased by 28% compared to the same comparable period in 2018.
Gross profit as a percentage of revenues increased to 43% compared to 38% for the same period in 2018.
Operating Expenses for the 3 months decreased by 36% to the same comparable period in 2018.

Source:
https://www.globenewswire.com/news-release/2019/04/10/1802373/0/en/Reviv3-Procare-Company-Reports-Third-Quarter-2019-Financial-Results.html