Revs were fine. It is the increased expenses that bothers me and I don't know if they are going to continue or not.
Salaries up, insurance, maintenance, engineering, SGA increased 13%.
A 280K swing in net profit vs the comparable q is a big deal. This despite growing revs. I am also reminded how dependent they are on 1 customer.
It just looks totally different following this q than it did in the past. I am hoping it is a one time blip.
I am reminded this used to trade below .02 when it was profitable. If they string together a few q's like this one it could be back there again.
IMO!
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