Labor Smart Inc (LTNC)

[My4ntoy]

LTNC - Great DD by TJAI1c3a

LTNC REVS continue to increase!.

LTNC has averaged $28,321 per week since July. We hit a high of $32,447 weekly branch revenue in February with 6 relatively mature branches. We then grew aggressively and hit $30,134 in August with 14 branches before adding ANOTHER office. With the addition of the 15th office we expected the modest weekly revenue drop to $27,371 per branch in October. November, yielded $28,285 weekly branch revenue!

The CEO's stated goal is $1,500,000 annual revenue per branch, which translates to $28,846 per week.

The consistent 100%+ YOY growth is proof enough that LTNC is growing substantially. The weekly revenue simply demonstrates the health of revenue growth relative to expansion and it is impressive to say the least especially with the improving margins in the last quarterly report!

In 2012 we saw $22,999 weekly revenue per branch for 6 branches. Today's PR shows 15 branches averaging $21,147 WITH growing revenue (which happens to be a new weekly record for the year, BTW). Considering nearly all this year's expansion occurred after the first quarter it is phenomenal that we are this close to beating last year's averages.

$LTNC