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Monday, January 09, 2023 4:34:51 PM
It's like saying President Lincoln went to a well-reviewed play at the Ford Theater with his wife last night.....and then omitting the corresponding next part of the same story/event which most folks would find gravely interesting and illustrative of the complete events of the evening. Um, he was assassinated.
But alas, UNQL does have millions in revenues....a billion last year actually....and.... a billion in costs with negative net margins due to the $1m net bottom line loss. That's not good performance.
For the sake of argument, let's use the $3.5m (almost net) profit before the deemed dividend. We divide that 3.5m by the 1 billion in revenues and get a net (well, almost net because we are ignoring that $4.5m deemed dividend) profit margin of 0.35%. That is not 35%, or 3.5% either. That is one third of one percent. That is the net profit margin if you completely ignore the $4.5m deemed dividend. That is terrible performance and it is what it is. No spin, no lies.
But, UNQL had a billion in revenues last year.......
Recent UNQL News
- Form 8-K - Current report • Edgar (US Regulatory) • 03/11/2024 09:23:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/01/2024 12:55:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/19/2024 09:30:23 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 01/17/2024 09:23:29 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 10/31/2023 09:28:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/10/2023 10:18:01 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/15/2023 10:02:56 AM
- 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) • 08/30/2023 02:13:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/26/2023 09:00:14 PM
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