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seeker1

09/03/10 10:23 PM

#11806 RE: seeker1 #11805

"Financial Statements for NEWRON SPORT (NSPT)
Year over year, Newron Sport has seen revenues shrink from $8.0K to $4.3K, though the company was able to grow net income from a loss of $1.7K to a smaller loss of $550.0. A reduction in the percentage of sales devoted to selling, general and administrative costs from 121.31% to 87.92% was a key component in the bottom line growth in the face of falling revenues."