Replies to post #70 on LMP Automotive Holdings Inc. (LMPX)

[TheFinalCD]

9.71 LMPX Summary of Q2 2020 Results
All financial comparisons stated below are versus Q1 2020, unless otherwise noted

Revenue totaled $7.716 million, an increase of 44%;
Total gross profit was $1,521 million, an increase of 85%;
Gross profit margin was 19.7%, an increase of 85%;
Net income was $216 thousand, an increase of $1.936 million to .02 per share based on 9.92 million shares issued and outstanding;
Net Income margin was 2.8%, an increase from (32.2%);
Cash, shareholder equity, and current shares outstanding at the end of the quarter was $17,650,438, $32,203,868, and 9,924,506, respectively;
Adjusted EBITDA1 was $625 thousand, an increase of $1.396 million to $0.06 per share;
Adjusted EBITDA1 margin was 8.1%, an increase from (14.4) %;
Adjusted net income was $242 thousand, and $0.02 per share;
Adjusted net income margin was 3.1%

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