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Posted On: 02/04/2017 8:38:18 PM
Post# of 2198
Re: Steven1973 #62
With birth rates continuing to rise, the baby diapers market shows no sign of drawing back. According to a study from Grand View Research, the market could reach $16 billion by 2022 in North America alone, but is there enough room in the market for a small company like Bemax to make an entrance?
Bemax reported $115,153 in revenue for six months ended November 30, 2016, which is an increase from $65,219 for the corresponding months in 2015, but the company is held back by a lack of capital. In fact, the company saw a significant drop in revenue for the second and third quarters of 2016 precisely because they didn’t have enough capital to fulfill their purchase orders.
Bemax reported $115,153 in revenue for six months ended November 30, 2016, which is an increase from $65,219 for the corresponding months in 2015, but the company is held back by a lack of capital. In fact, the company saw a significant drop in revenue for the second and third quarters of 2016 precisely because they didn’t have enough capital to fulfill their purchase orders.
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