Value Microcaps Motherboard

[dickmilde]

JMIH Q results

This looks OK to me. The big worry was the increase in resin cost because of the high price of petroleum products. Also, increased shipping costs had concerned me. It looks like they are able to pass on the higher costs or increase productivity elsewhere. Gross margins actually increased. Good Job.

Jupiter Marine Reports Fiscal 2005 Second Quarter Results
Tuesday March 15, 8:33 am ET


FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--March 15, 2005--Jupiter Marine International Holdings, Inc.
2Q FY 2005 Highlights Compared to 2Q FY 2004

Revenue increased 15.2% to $2.6 million
Gross margin rose to 27.3% from 24.9%
Net income applicable to common shareholders up 47.9% to 105,000, or $.01 per diluted share.
http://biz.yahoo.com/bw/050315/155544_1.html

Dick Milde