Replies to post #124430 on JNS Holding Corp (JNSH)

[standbuy]

Great post love the research could you add the years of theses incredible numbers. Only asking because we did have a slight pull back in construction or should we say a recession and let's point out the court battle which dragged on for 4 years. I like looking back to see what this company is capable of. Looking at the latest financials it sure looks like he is back on track and could even do better .

[Soco54]

Take a look at the filings. I think the answer to your question lies within them balance sheets

[sirglenn]

Not sure exactly where you are getting your numbers, but hope this article from Businesswire helps out a bit. This article is looking at Y over Y profits and it states that gross profits were up 31% while net profits were up 80%. Professional fees from the OTC Markets page indicate a total cost of only 10K. No matter how you slice it, that is pretty cheap for a law firm that just won a huge victory on a sizzling legal ruling. IMO. GLTA.

http://www.businesswire.com/news/home/20170814005956/en/JNS-Holdings-Corporation-Reports-Quarter-2017-Financial

[Gatsby]

Here the three main numbers in terms of statement of operations.

Sales minus Cost of Good sold = Gross profit
Gross profit less other expenses = Net Profit.

So: 1H 2016 vs 1H2017
1) Sales from 503'000 to 613'000 = +22%
2) Gross profit: from 264'000 to 345'000 = +30%
Note the little increase in operational margin as operational costs increased by less than 22% (56% margin vs 52% in 1h2016).
3) Net profit: from 110'000 to 198'000 = +88'000 when gross profit increased +81'000.
So other expenses are a little down.

Not sure how the legal fees are accounted at this stage. You have to know that there could be sophisticated deals with legal firms in terms of fees. (deferring fees, not invoicing before result,...)

Assets and Liabilities
I do not go in details but better quarter after quarter (debts versus assets, short term assets/liabities, long term assets/liabilities