Total revenue is good. Quarterly expenses are high
Post# of 75377
Posted On: 07/16/2015 10:47:44 PM
Re: EmulatedReality #6262
Total revenue is good. Quarterly expenses are high, but I'm sure some of those are one time, start up costs (legal for legal entity formation, travel for new distributor deals, etc.).
I'd like to see the marketing/Rhino costs stay the same next quarter but with an increase in sales because I think they are high given the sales they brought in.
Same with legal and travel, those should stay the same or even go down.
One thing we do know is that sales will be much, much higher. So, holding their costs steady, the next quarter will be the profitable one we've been looking for. The first quarter of most businesses are in the red as they set up the blueprint for the future.
Overall for the quarter, it's promising for the future. There's a lot to look forward to!
I'd like to see the marketing/Rhino costs stay the same next quarter but with an increase in sales because I think they are high given the sales they brought in.
Same with legal and travel, those should stay the same or even go down.
One thing we do know is that sales will be much, much higher. So, holding their costs steady, the next quarter will be the profitable one we've been looking for. The first quarter of most businesses are in the red as they set up the blueprint for the future.
Overall for the quarter, it's promising for the future. There's a lot to look forward to!
(0)
(0)Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links
"This is a USIA certified organic fluff free post."