$OMHI clearly deserves higher valuations as we can
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Posted On: 07/26/2021 11:37:52 AM
$OMHI clearly deserves higher valuations as we can see from the latest results that have been released. I expect pps appreciation to continue here for the balance of 2021 and beyond.
THIRD QUARTER/NINE MONTHS RESULTS
The company's nine months sales performance compared to fiscal year ended August 31, 2020, was lower by 4% despite the negative effects of Covid-19 pandemic on the economy during the nine months reporting period. The third quarter reflected less than 1% difference. This demonstrates the resilient nature of the business even during such a pandemic.
For the third quarter ended May 31, 2021, sales revenue reached $7,361,292 as compared to $7,421,909 for the same prior year period; for the nine months ended May 31, 2021, revenue reached $20,629,528 as compared to $21,493,749 for the same prior year period.
The net Income for nine months which exceeded $1 million, reflected a 5% decrease over the previous year because of the COVID pandemic effect.
For the nine months ended May 31, 2021, shares were 47,101,422, as compared to 44,400,596 the same prior year period.
THIRD QUARTER/NINE MONTHS RESULTS
The company's nine months sales performance compared to fiscal year ended August 31, 2020, was lower by 4% despite the negative effects of Covid-19 pandemic on the economy during the nine months reporting period. The third quarter reflected less than 1% difference. This demonstrates the resilient nature of the business even during such a pandemic.
For the third quarter ended May 31, 2021, sales revenue reached $7,361,292 as compared to $7,421,909 for the same prior year period; for the nine months ended May 31, 2021, revenue reached $20,629,528 as compared to $21,493,749 for the same prior year period.
The net Income for nine months which exceeded $1 million, reflected a 5% decrease over the previous year because of the COVID pandemic effect.
For the nine months ended May 31, 2021, shares were 47,101,422, as compared to 44,400,596 the same prior year period.
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