InvestorsHub Logo
Followers 80
Posts 16060
Boards Moderated 1
Alias Born 09/08/2004

Re: Codyco post# 65379

Monday, 10/26/2020 8:31:10 PM

Monday, October 26, 2020 8:31:10 PM

Post# of 81779
The 500% increase in revenue had also along with it, a 500% increase in cost of goods sold, and most likely a significant amount of additional labor, shipping, overhead, plus G&A. The 500% is great, but there are significant costs to go along with that number, but much to be pleased and happy with the improvements in sales, no doubt. For example, an increase of $100,000 in revenue does in no way mean that RedGawk and Darcy Dilution Plug have $100,000 to pay down toxic financing. All those costs have to accounted for and be removed from that figure.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.