OEM Business Plan Moving BIEL to Profitability
Post# of 7807
(Total Views: 545)
Posted On: 12/01/2021 1:20:07 PM
OEM Business Plan Moving BIEL to Profitability
It is sometimes easy to discount where you are until you look at where you have been in the past.
BIEL's OEM strategy is proving very successful. The lower costs of OEM Sales is showing up on BIEL's Bottom Line.
OEM Sales started in Q4 2020, compare Sales vs Profit vs Costs vs Loss over the last 10 years:
Year..............Sales...........Gross Profit...Total Gen&Admin ...Operations Loss
2021 9 mos....$1.457 mil... $762k ......... $871k ..................... $109k
2020 9 mos....$307k.......... $201k ......... $1.050 mil .............. $848k
2019 9 mos....$583k.......... $184k ......... $1.539 mil .............. $1.140 mil
2018 9 mos....$896k.......... $485k ......... $1.730 mil .............. $1.319 mil
2017 9 mos....$1.298 mil.... $663k ........ $1.629 mil ............... $965k
2016 9 mos....$1.688 mil.... $998k ........ $2.093 mil ............... $1.094 mil
2015 9 mos....$1.678 mil ... $832k ........ $2.478 mil ............... $1.646 mil
2014 9 mos....$677k .......... $201k ......... $1.895 mil .............. $1.693 mil
2013 9 mos....$403k .......... $113k ......... $1.667 mil .............. $1.554 mil
2012 9 mos....$309k .......... $364k ......... $1.638 mil .............. $1.524 mil
It is sometimes easy to discount where you are until you look at where you have been in the past.
BIEL's OEM strategy is proving very successful. The lower costs of OEM Sales is showing up on BIEL's Bottom Line.
OEM Sales started in Q4 2020, compare Sales vs Profit vs Costs vs Loss over the last 10 years:
Year..............Sales...........Gross Profit...Total Gen&Admin ...Operations Loss
2021 9 mos....$1.457 mil... $762k ......... $871k ..................... $109k
2020 9 mos....$307k.......... $201k ......... $1.050 mil .............. $848k
2019 9 mos....$583k.......... $184k ......... $1.539 mil .............. $1.140 mil
2018 9 mos....$896k.......... $485k ......... $1.730 mil .............. $1.319 mil
2017 9 mos....$1.298 mil.... $663k ........ $1.629 mil ............... $965k
2016 9 mos....$1.688 mil.... $998k ........ $2.093 mil ............... $1.094 mil
2015 9 mos....$1.678 mil ... $832k ........ $2.478 mil ............... $1.646 mil
2014 9 mos....$677k .......... $201k ......... $1.895 mil .............. $1.693 mil
2013 9 mos....$403k .......... $113k ......... $1.667 mil .............. $1.554 mil
2012 9 mos....$309k .......... $364k ......... $1.638 mil .............. $1.524 mil
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