$GDMK News : Supplement Launch of Three New SKU's,
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Posted On: 04/28/2022 9:50:40 AM
$GDMK News : Supplement Launch of Three New SKU's, Infrastructure Build, and Strong Customer Base, Positions the Company for Continued Significant Future Growth
ISLAND PARK, NY / ACCESSWIRE / November 15, 2021 / Global Diversified Marketing Group Inc (OTC: GDMK) reports results for its fiscal third quarter ended September 30th, 2021.
Highlights for the three months ended September 30th, 2021, compared to three months ended September 30th, 2020, were as follows:
Revenue for the 2021 period increased to $732,691 compared to $667,237, an increase of approximately 10% over 2020 period.
Gross profit margin for the 2021 period improved to 38.4% in 2021 compared to 36.9% in same period in 2020.
Highlights for nine months ended September 30th, 2021, compared to nine months ended September 30th, 2020, were as follows:
Revenues for the 2021 period increased to $2,112,580 compared to $1,260,539, an increase of approximately 68% over the 2020 period.
Gross profit margin improved to 40.5% in 2021 compared to 37.7% in 2020
"Paul Adler, Chairman, and CEO stated, "We are thrilled with our performance and what we have accomplished during the first nine months of 2021. We added a new big box retailer to our already strong customer base, launched a new brand with three new SKUs in a new category, reduced our reliance on factoring and built our infrastructure by adding a strong product manager. Also, through our strong inventory management system, we have been able to mitigate the impact of worldwide supply chain issues."
https://finance.yahoo.com/news/gourmet-provis...00822.html
ISLAND PARK, NY / ACCESSWIRE / November 15, 2021 / Global Diversified Marketing Group Inc (OTC: GDMK) reports results for its fiscal third quarter ended September 30th, 2021.
Highlights for the three months ended September 30th, 2021, compared to three months ended September 30th, 2020, were as follows:
Revenue for the 2021 period increased to $732,691 compared to $667,237, an increase of approximately 10% over 2020 period.
Gross profit margin for the 2021 period improved to 38.4% in 2021 compared to 36.9% in same period in 2020.
Highlights for nine months ended September 30th, 2021, compared to nine months ended September 30th, 2020, were as follows:
Revenues for the 2021 period increased to $2,112,580 compared to $1,260,539, an increase of approximately 68% over the 2020 period.
Gross profit margin improved to 40.5% in 2021 compared to 37.7% in 2020
"Paul Adler, Chairman, and CEO stated, "We are thrilled with our performance and what we have accomplished during the first nine months of 2021. We added a new big box retailer to our already strong customer base, launched a new brand with three new SKUs in a new category, reduced our reliance on factoring and built our infrastructure by adding a strong product manager. Also, through our strong inventory management system, we have been able to mitigate the impact of worldwide supply chain issues."
https://finance.yahoo.com/news/gourmet-provis...00822.html
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