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LTNC .26 10Q out: LABOR SMART, INC.

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Post# of 102838
Posted On: 11/19/2013 8:54:11 AM
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Posted By: ruliquid







LTNC .26 10Q out: LABOR SMART, INC. http://biz.yahoo.com/e/131118/ltnc10-q.html

ScreenHunter_01-Aug.-04-14.37


Some Highlights


At September 30, 2013, we were operating 15 branches located in 9 states.


At September 30, 2012, we had 6 branches and at September 30, 2013, we had 15 branches. The increase in branches was due to three branches added through acquisition and six branches added through organic growth. For the six branches in place at September 30, 2012, revenue increased by 86% for the three months ended September 30, 2013 when compared to the same period in 2012.


That’s 86% same store sales growth vs Q3 last year!


Revenue for the three months ended September 30, 2013 was $5,345,172 as compared to $2,152,243 for the three months ended September 30, 2012. An increase for the three months ended September 30, 2013 of $3,192,929 or 148% .


Revenue for the nine months ended September 30, 2013 was $11,886,084 as compared to $5,046,283 for the nine months ended September 30, 2012. An increase for the nine months ended September 30, 2013 of $6,839,801 or 136% .



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