EP has figured out a nice approach to increasing profits for shareholders and there are a lot of items to hit during 2012 and I see the profits increasing each qtr...its all setting up perfectly, plus we have a good looking chart.... all is coming together nicely
Excellent improvement. They keep turning a profit and growing. This is all without a blockbuster theatre release. I think it is only a matter of time before that happens. Then...watch out!
The Q1 numbers are exciting to me because it shows that HHSE has found a way to make almost $400K profit on much lower gross sales thanks to sticking to a business plan that doesn't require the huge up front expenses (both $$$ and manpower) that every theatrical release involves.
BINGO !!!!!!!!
That says it all and is the highlight of HHSE Q1 Financials. Q1 is pretty much the first Reporting Quarter with this new business approach. Let us take a closer look at the numbers and see if they can tell us anything about the future Financials.
Hannover House (HHSE) First Quarter 2012:
Revenue = $603,535 Pre-Tax Net Income = $394,410
Pre-Tax Profit Margin = 394,410/603,535 = 65.3%
Pre-Tax Profit Margin of 65% is absolutely incredible. Almost $400,000 Profit on $600,000 Revenue. Think about this and the implications for HHSE bottom line going forward. HHSE is now squeezing an even higher amount of Profits from their Revenue. HHSE is a very extremely efficient and well managed business.
Hannover House (HHSE) Pre-Tax Profit Margins
2010 = 44% 2011 = 32% Q1 2012 = 65%
With HHSE implementing their new business model resulting in Doubling their Profit Margin to 65%, and Tripling their Products New Release Titles going forward, look for some outstanding Revenue & Profits to be generated and Reported by Hannover House (HHSE) next Quarter and beyond.
The Q1 numbers are exciting to me because it shows that HHSE has found a way to make almost $400K profit on much lower gross sales thanks to sticking to a business plan that doesn't require the huge up front expenses (both $$$ and manpower) that every theatrical release involves.
BINGO !!!!!!!!
That says it all and is the highlight of HHSE Q1 Financials. Q1 is pretty much the first Reporting Quarter with this new business approach. Let us take a closer look at the numbers and see if they can tell us anything about the future Financials.
Hannover House (HHSE) First Quarter 2012:
Revenue = $603,535 Pre-Tax Net Income = $394,410
Pre-Tax Profit Margin = 394,410/603,535 = 65.3%
Pre-Tax Profit Margin of 65% is absolutely incredible. Almost $400,000 Profit on $600,000 Revenue. Think about this and the implications for HHSE bottom line going forward. HHSE is now squeezing an even higher amount of Profits from their Revenue. HHSE is a very extremely efficient and well managed business.
Hannover House (HHSE) Pre-Tax Profit Margins
2010 = 44% 2011 = 32% Q1 2012 = 65%
With HHSE implementing their new business model resulting in Doubling their Profit Margin to 65%, and Tripling their Products New Release Titles going forward, look for some outstanding Revenue & Profits to be generated and Reported by Hannover House (HHSE) next Quarter and beyond.