$SFLM News - May 25. SFLMaven Reports First Quarte
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(Total Views: 84)
Posted On: 05/25/2021 8:54:06 AM
$SFLM News - May 25. SFLMaven Reports First Quarter 2021 Financial Results.
https://www.otcmarkets.com/stock/SFLM/news/SF...?id=304425
Extracts:
"Gross profit in the first quarter of 2021 increased 290% to $590,511, or 21.7% of revenues, compared to gross profit of $203,758, or 7.1% of revenues, in the same year-ago quarter. The increase in gross profit was primarily driven by improved supplier relationships, volume discounts and the initiation of advertising campaigns through eBay which drove competitive bidding dynamics for the Company's products."
"As we look ahead, our goal is to complete an audit, file a Form 10, uplist to the OTCQB and emerge as a profitable, fully reporting public company with a pathway to an eventual Nasdaq-listing and other complimentary growth opportunities. Given our strong results thus far, I firmly believe that we are on a path to create significant value for our shareholders over the long-term," concluded Ladin."
https://www.otcmarkets.com/stock/SFLM/news/SF...?id=304425
Extracts:
"Gross profit in the first quarter of 2021 increased 290% to $590,511, or 21.7% of revenues, compared to gross profit of $203,758, or 7.1% of revenues, in the same year-ago quarter. The increase in gross profit was primarily driven by improved supplier relationships, volume discounts and the initiation of advertising campaigns through eBay which drove competitive bidding dynamics for the Company's products."
"As we look ahead, our goal is to complete an audit, file a Form 10, uplist to the OTCQB and emerge as a profitable, fully reporting public company with a pathway to an eventual Nasdaq-listing and other complimentary growth opportunities. Given our strong results thus far, I firmly believe that we are on a path to create significant value for our shareholders over the long-term," concluded Ladin."
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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