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Re: crashman post# 21049

Friday, 02/22/2008 1:53:44 PM

Friday, February 22, 2008 1:53:44 PM

Post# of 241124
Margin is either gross or net, or net-net (after taxes). And both are considered in the profitability of the company, especially when considering the balance sheet. Can you understand a balance sheet. WNBD is selling product, therefore they have revenue and obviously profit. The gross profit less the expenses will equal the net profit. If their net profit is even greater than 10% they are making good money. I bet you would be surprised at their costs to produce since they don't carry the overhead of a manufacturing operation and are clearly growing an economy of scale whereby the costs should reduce as sales increase, or better yet, they would generate even greater gross and net profits.