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Friday, November 17, 2023 12:02:24 AM
Nine Month Financial Highlights
16.2% growth in the Company's healthcare division drove 5.1% consolidated revenue growth to $9.8 million
72.7% gross profit margin in the Company's healthcare division up from 63.4% last year drove consolidated gross profit margin to 73% for the nine-month period
Operating income increased 41% to $4.7 million, or 47.9% of sales from $3.3 million, or 35.7% of sales in the nine-month period last year due to a deliberate focus on higher margin business and disciplined cost containment
Net income increased 247% to $2.8 million from a loss of $1.9 million in the comparable nine-month period last year.
Pretty good numbers for a Corp valued at 1.8m.
our intention to simplify our capital structure to best support our long term growth for shareholders.
Simplify? Guessing they're talking about all the dumb preferred stock.
Lastly let me looking into my crystal ball and tell you what the future is... All I see is a white sign saying "No f'ing clue".
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