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Gold/Mining/Energy : Footmaxx YFT on CDNX

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To: Cush who wrote ()8/26/1998 1:12:00 PM
From: Cush  Read Replies (1) of 64
 
Growth but no profit, yet!
Thoughts about the 2nd qrt. report-
Good Side:
175% increase in revenue for 1st six months
182% increase in gross profit for 1st six months
167% increase in revenue 2nd qrt to 2nd qrt.
Exports (mostly to US) now over 50% of business
New Hampshire facility will be operative - year-end 98
301% increase in billed gait analyses for 1st six months.
Revenue looks like it will exceed $10 million for 98
Bad Side:
42% increase in Net Loss for 1st six months
56% increase in Net Loss 2nd qrt to 2nd qrt.
Shares outstanding now at 23,099,558
Shareholder's equity $2 million vs $7.5 million.

My outlook:
This company will be profitable within the next six to nine months unless they continue to invest heavily in asset development (plant & equipment).
They have real and substantial growing revenue.
Revenue growth far exceeds expense growth.

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