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Re: ORCA post# 25089

Thursday, 04/17/2025 5:12:54 PM

Thursday, April 17, 2025 5:12:54 PM

Post# of 25098
I think they are just waiting 2 C if people are willing to pay up after the quarterly results came out.

Net Income went down from 18.5% of sales to 16.2%.

Company had $165,483 in Fed and State taxes in Q1 with little profit. Now they have none this quarter so that earnings are largely unchanged from last yr. How does that work??

Note 5 says they lease 3 facilities for $98,286 per quarter but the income statement says they have $26,769 in rental expense. How does that work??