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Monday, 04/25/2022 5:37:43 AM

Monday, April 25, 2022 5:37:43 AM

Post# of 48084
$PVSP As outlined in the 2022 shareholder letter, Pervasip launched a system wide restructuring after hiring new CEO & President German Burtscher and CFO George Jordan in Q4 2021. Adjusted for a onetime expense recognition of $176,246 in annualized severance payments, and $270,571 in depreciation EBITDA for Q1 equals $124,221 with 39% in Gross Margins. This marks a material improvement compared to the period ended February 28, 2021, which equaled ($649,831) in EBITDA and 23% in gross margins.

https://www.marketwatch.com/press-release/pervasip-announces-positive-1st-quarter-ebitda-of-124221-and-178-growth-in-gross-margin-2022-04-18?mod=mw_quote_news_seemore

Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!

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