Posted On: 05/16/2015 4:38:44 AM
Post# of 2009
Financials out (and for HVELD too)
http://www.otcmarkets.com/financialReportView...;id=138548
I am not at all into accounting, but her are just a few numbers that I find interesting, FWIW.
(parenthesis = previous quarter)
Notes Payable: $740 k ($0) (a loan ?)
Current cash: $44 k ($362 k)
Decrease Inventory: $875 k ($65 k)
Sales Media: $2 mln ($1.8 mln)
Sales Studio: $457 k ($346 k)
Net Gain: $333 k ($832 k)
Gross Sales: $2.6 mln ($2.3 mln)
Gross Profit: $1.7 mln ($2.2 mln)
Not a lot of cash remaining, due to the notes payable.
It seems they got rid of a lot of inventory (NP-1 ?).
Sales media (Ultraflix ?) just 10% increase, Studio 30% increase,
net gain decreased mainly due to increased cost of sales (875 k versus 127 k).
http://www.otcmarkets.com/financialReportView...;id=138548
I am not at all into accounting, but her are just a few numbers that I find interesting, FWIW.
(parenthesis = previous quarter)
Notes Payable: $740 k ($0) (a loan ?)
Current cash: $44 k ($362 k)
Decrease Inventory: $875 k ($65 k)
Sales Media: $2 mln ($1.8 mln)
Sales Studio: $457 k ($346 k)
Net Gain: $333 k ($832 k)
Gross Sales: $2.6 mln ($2.3 mln)
Gross Profit: $1.7 mln ($2.2 mln)
Not a lot of cash remaining, due to the notes payable.
It seems they got rid of a lot of inventory (NP-1 ?).
Sales media (Ultraflix ?) just 10% increase, Studio 30% increase,
net gain decreased mainly due to increased cost of sales (875 k versus 127 k).
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