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Re: modrica post# 4261

Sunday, 02/02/2014 11:45:22 AM

Sunday, February 02, 2014 11:45:22 AM

Post# of 6599
Increasing revenues mean little or no dilution...

Mod said...

revenues q by q in 2013

last 4 quarters :


December ,31,2012 = 1 247 000 ( gross profit 315 K )
March , 31 , 2013 = 1 285 000 ( gross profit 951 K ))
June , 30 , 2013 = 1 457 000 ( gross profit 1,13 mill.)
September ,30 , 2013 = 1 670 000 ( gross profit 1,223 mill.)


as we can see revenues grew 35 % in 2013 and whats most important is that gross profits grew 300% which means ISCO is managing business better and are able to lower expenses while at the same time increasing sales

very good sign

imo

gl