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Strategies & Market Trends : Fundamental Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (4398)5/20/2020 7:01:55 PM
From: bruwin  Read Replies (1) | Respond to of 4719
 
I notice that ZYXI's Total Revenue numbers increase quite well Quarter by Quarter, however their "Operating Income" numbers stay much the same, and so does their "Net Income" numbers.

I suspect that the "culprit" may be the rate of rise of their SG&A expense as a percentage of their Total Revenues. 7 Quarters back that percentage number was 52.9%. The latest percentage is 72.6%.

So improvements in Total Revenues are "cancelled out" by the rate of increase of their SG&A expenses.