Apple Rush Company Inc (APRU)

[freemoneyfella]

I was crunching the numbers and they’re worse than I thought, especially in the second half of the year when I make comparisons to last year. Check it out...

3rd Quarter sales in 2018 were $231,627
3rd Quarter sales in 2019 were $ 91,564

4th Quarter sales in 2018 were $198,841
4th Quarter sales in 2019 were $ 90,490

Besides the large drop in sales, Net Losses are nearly 119X larger in 2019 vs 2018.

In 2018 APRU had a net Loss of $(25,002)

In 2019 APRU had a Net Loss of $(2,968,479)

Don’t know how anyone can spin APRU’s financials as somehow a “positive”. Looks like a disaster to me.

Bottom line is APRU is burning a lot more money. Lots more.