$SFLM cash flow flipped positve to have an operati
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This is because the majority of costs - such as offices, fullfilment center, internet, phone, IR company, brand building company etc - are essentially fixed and revenue went up 32% by end-Q3.
By the end of Q4, revenue was up by 34.75% - so we are excited to see the Q4 results filed soon - in about 26 days' trading time.
Key Points - 2021 Q3 Filed November 15, 2021
Total Sales: $2,623,735
Total Cost of Goods Sold: $2,133,915
Gross Profit: $489,820
Total Operating Costs: $434,653
Net Profit: $55,167 - so flipped positive for the first time as had been expected in 2021 Q4
Total Assets: $1,398,486
Cash at Beginning of Period: $3,392
Net Cash Increase During Period: $45,847
Cash at End of Period: $49,239
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SFLMaven, Inc. (SFLM) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.