Saturday, April 16, 2022 9:36:21 AM
So lets go back to 2019. Look at how little gross profit from Revenue there was:
Then, lets notice Cost of revenue went from $214k in 2019 down to $38k in 2020. And then again down even further in 2021 as shown here:
So being able to make profit from Revenue: helps pay for operations with not needing to borrow that much! $350k in gross profit can pay for a lot of stuff! In fact, SNPW is now only $90k in gross profit away from being solvent. Look:
So, what can we deduct from all this? That more then likely, on current course, Sun Pacific will be a profitable company in 2022.
How?
Well, We are $90k in profit from revenue away, and the company just reported this growth:
If SNPW just matches its growth rate in revenue from previous year over year… there is your $90k folks, and SNPW is profitable!
Then, if they manage to keep this trend going also:
If they keep decreasing cost of revenue this year, the profit margin(cause we will have one) only grows!
Tried to keep it clear. Basically. If Nick stays on current course, SNPW will be more then likely completly solevant and even profitable in 2022. But current course just got a big shot in the arm!! Page 18 folks:
Doesnt get much clearer folks, the financial situation of SNPW is among the best ive ever seen in the OTC. Stands out like a sore thumb!
This is not the one to miss folks. Promise. Do the DD, you wont be sorry!
Sometimes its Skil, Sometimes its Luc.
I Appreciate All Member Follows!
Desperate Sellers Become Desperate Buyers. Vice Versa
ALL IMHO.
Recent SNPW News
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 04/01/2024 09:04:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 10:15:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:30:36 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 10/23/2023 09:15:31 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 10/13/2023 09:00:08 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:06:10 PM
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