Hannover Converts 30.7% of Sales To Profits
Post# of 7290
During this same time frame, the Company has released eight new titles to the Home Video and VOD markets, and generated approximately $5.2-million in gross sales, and booked approximately $1.6- million in profits.
The great thing about these numbers is that they are now pouring more of their investment into their Core DVD business which makes them a lot more money. This conversion rate can go a LOT HIGHER than 30.7% IMHO. The 30.7% included theatrical projects that did not perform very well.