-Looooong overdue!! Been in & out, & in & out, & so on, & so on.... Dont know why, but I keep coming back to this elusive dice role!? So much potential, yet NO desire in keeping faith in the shareholders! Hence the reason for the 'big ol' red candle' on news~ In all honosty Ive slowly been accumulating since the last pr... Need to get back to free shares here VPER, so give us a pr about how you "almost" accomplished something!!
As of 8:10 PM 01/18/13
Financial Statements For Viper Networks Inc (VPER)
Year over year, Viper Networks Inc. has seen revenues shrink from $1.6M USD to $1.1M USD, though the company was able to grow net income from a loss of $1.5M USD to a smaller loss of $559.6K USD. A reduction in the percentage of sales devoted to selling, general and administrative costs from 185.57% to 74.64% was a key component in the bottom line growth in the face of falling revenues.
Viper Networks Inc. uses little or no debt in its capital structure and may have less financial risk than the industry aggregate. Cash Collection is a strong suit as the company is more effective than any other in the industry. As of the most recent quarter end, its uncollected receivables totaled $2.4M USD, which, at the current sales rate provides a Days Receivables Outstanding of 9,448.40. Last, Viper Networks Inc. is among the most efficient in its industry at managing inventories, with only 194.36 days of its Cost of Goods Sold tied up in inventory.
~oOoGLTAoOo~
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