Replies to post #8052 on Aqua Power Systems Inc (APSI)

[Roofus]

Yeah, the company Dino is pointing out had a $9 million loss in Net Profit.

They did have a positive gross profit. But $9 million loss in net, is quite terrible from $59 million in revenue.

Their revenue was basically $59 million.
All costs and expenses combined were $9 million more than that amount, in giving them a net loss of $9 million, from the $59 million in revenue.

Which is about a (negative) 15% net profit margin (in the red).

Tradition (APSI) audited financials from 2021 were way better in total revenue, net profit, and of course net profit margin.