Gordon,
Revenue was UP Over 100% in the third qtr:
30 Sept 99: $1,569,204
30 Sept 98: 748,956
( $1,569,204 - $748,956 ) = $820,248.00 increase in 99 vs 98
$820,248.00 / $748,956 = UP 109.52%
Gross Profit Increased by over 100%
30 Sept 99: $1,355,976
30 Sept 98: $ 543,582
( $1,355,976 - $ 543,582 ) = $812,394.00
$812,394 / $543,582 = 149.45%
Revenues are up . . % Cost of Revenues are down and Gross Profits are Up.
Company needs to reduce General and Admin costs which were up over 90% this qtr
Noncash Amortization of good will was $1.1 Million this qtr. Will decline in the next qtr and beyond.
DC |
