Posted On: 03/30/2015 7:24:53 PM
Post# of 63824
$GNPT
Results of Operations 2014-2013
Analysis of the three months ended September 30, 2014 and 2013.
Revenues
For the three months ended September 30, 2014, revenues were approximately $ 3,168,357 compared to $4,155,957,for 2013 decreasing by $987,300. Most of this decrease is attributable to the after effect of winter weather conditions restricting operational activity and the residual effects of the severe winter in the Atlanta area and never allowing for normal operationsa and seasonal patterns to resume.
Cost of Goods Sold
Cost of goods sold decreased to $2,659,217 for the three months ended September 30, 2014 from $3,407,541for 2013, a decrease of $748,324. Most of this decrease is attributable to weather conditions restricting operational activity mentioned in sales above.
G & A Expenses
G&A expense decreased to $474,232 for the three months ended September 30, 2014 from $579,148 for the three months Ended September 30, 2013, a decrease of $104,916. The Company cost have remained relatively constant with the major line items here being our labor, maintenance and depreciation cost.
Other income and expenses
Other items increased to a net expense of $270,963 for the three months ended September 30, 2014 from a net expense of $128,799 for the same period last year, resulting in a total net other expense item increase of $142,164. The majority of other expenses continues to be interest expense of $211,396 in 2014 and $128,799 in 2013
Net income (loss)
Net loss was $254,009 for the three months ended September 30, 2014 from a net income of $40469 for the three months ended September 30, 2013, an decrease of $294,478. The increase was mostly the result of increased sales with our other expense items held in check and described above in detail.
Results of Operations 2014-2013
Analysis of the three months ended September 30, 2014 and 2013.
Revenues
For the three months ended September 30, 2014, revenues were approximately $ 3,168,357 compared to $4,155,957,for 2013 decreasing by $987,300. Most of this decrease is attributable to the after effect of winter weather conditions restricting operational activity and the residual effects of the severe winter in the Atlanta area and never allowing for normal operationsa and seasonal patterns to resume.
Cost of Goods Sold
Cost of goods sold decreased to $2,659,217 for the three months ended September 30, 2014 from $3,407,541for 2013, a decrease of $748,324. Most of this decrease is attributable to weather conditions restricting operational activity mentioned in sales above.
G & A Expenses
G&A expense decreased to $474,232 for the three months ended September 30, 2014 from $579,148 for the three months Ended September 30, 2013, a decrease of $104,916. The Company cost have remained relatively constant with the major line items here being our labor, maintenance and depreciation cost.
Other income and expenses
Other items increased to a net expense of $270,963 for the three months ended September 30, 2014 from a net expense of $128,799 for the same period last year, resulting in a total net other expense item increase of $142,164. The majority of other expenses continues to be interest expense of $211,396 in 2014 and $128,799 in 2013
Net income (loss)
Net loss was $254,009 for the three months ended September 30, 2014 from a net income of $40469 for the three months ended September 30, 2013, an decrease of $294,478. The increase was mostly the result of increased sales with our other expense items held in check and described above in detail.
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