>>>Perhaps I am ahead of the curve as to where I expect INTF's business to go but knowing the backgrounds of those involved, it is safe to say that they will augment their software sales with ancilary products which tie their customers to them.
Went right over the top of my head. Whoooooosh... Before you explained where you were coming from.
So I figured if they were preforming better it should show up in Gross Profit?
If so I pulled these out from the quarterly reports at the SEC.
sec.gov
Q1 Gross Sales $5,211,186
Gross Profit $3,109,747
59.67% Gross Profit
sec.gov
Q2 Gross Sales $4,862,048
Gross Profit $2,795,668
57.49% Gross Profit
sec.gov
Q3 Gross Sales $5,201,865
Gross Profit $3,205,635
61.62% Gross Profit
biz.yahoo.com
Q4 Gross Sales $4,898,000
Gross Profit $3,159,000
64.49% Gross Profit
And then there was a footnote on the Q4...(1) Cost of revenues includes expense from amortization and write-off of capitalized software development costs of $23,000 and $29,000 for the quarters, and $91,000 and $784,000 for the year ended September 30, 1999 and 1998, respectively.
That's the type of 'data' I look for, and keeping in mind that they are focusing on selling a higher margin mix of products...and weed out the lower margin ones. I can see it in those numbers.
And if their emphasis is on sales and marketing, that costs....but it just may mean even better Margins if their Products go over well. |
