NetworkNewsBreaks – VPR Brands LP (VPRB) Realize
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Posted On: 05/16/2019 4:56:57 PM
NetworkNewsBreaks – VPR Brands LP (VPRB) Realizes 28% YOY Revenue Increase
VPR Brands LP (OTC: VPRB), an innovative technology holding company, recently reported its 2018 full-year financial results, which included impressive year-over-year (“YOY”) revenue growth (http://nnw.fm/7wadP). An article discussing the company reads, “The company’s revenues for the 12 months ended December 31 topped $4.6 million, rising nearly 28 percent on the strength of new product sales during the year. As VPR Brands increased its full-year revenues, it reversed its operating loss into positive territory, crossing the $9,000 threshold. Gross operating margins for the year increased by almost 20% to a margin of 41 percent. . . . As product sales increased, the company also increased its inventory by about $263,000 in anticipation of further success, resulting in a growth of the company’s assets, which were valued at $767,209 as of December 31.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
VPR Brands LP (OTC: VPRB), an innovative technology holding company, recently reported its 2018 full-year financial results, which included impressive year-over-year (“YOY”) revenue growth (http://nnw.fm/7wadP). An article discussing the company reads, “The company’s revenues for the 12 months ended December 31 topped $4.6 million, rising nearly 28 percent on the strength of new product sales during the year. As VPR Brands increased its full-year revenues, it reversed its operating loss into positive territory, crossing the $9,000 threshold. Gross operating margins for the year increased by almost 20% to a margin of 41 percent. . . . As product sales increased, the company also increased its inventory by about $263,000 in anticipation of further success, resulting in a growth of the company’s assets, which were valued at $767,209 as of December 31.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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