Replies to post #235913 on Spongetech Delivery Systems Inc (fka SPNGQ)

[Jandrsn21]

april 10q
For the nine months ended
February 28, 2009
Revenue
$ 31,050,633

net income 4,910,460




yahoo lisitngs, in thousands

PERIOD ENDING 28-Feb-09 30-Nov-08 31-Aug-08
Total Revenue 13,164 12,342 5,545
(total for nine months ending feb 28, 2009 = 31,051)

net income = 4910

looks pretty much the same

[riverandfold]

Looking at Yahoo's numbers, nothing has changed on the Income Statement. I can verify that their Profit Margin % stayed exactly the same as it was before. I calculated the Profit Margin after the Feb 28th Q end taking the Net Income from the previous 4 quarters divided by the Revenue from the Previous 4 quarters. (Q-ending May-2008 thru Feb-28 2009)

The Profit margin is still exactly the same at 16.96%

River~