Key Points - Excellent 2022 Q1 Report - Filed May
Post# of 7110
(Total Views: 445)
Posted On: 05/15/2022 2:27:52 PM
Key Points - Excellent 2022 Q1 Report - Filed May 13, 2022 [after close]
Inventory: $1,274,357
Cash: $331,900
Total Current Assets: $1,606,257
Total Other Assets: $807,834
Total Assets: $2,414,091
Sales: $3,002,298
Returns: ($76,799) - only 2.5% - excellent for totally on-line business
Total Net Sales: $2,925,499
Total Cost of Goods Sold: $2,311,707
Gross Profit: $613,792
Total Operating Expenses: $513,395
Net Income Profit: $100,397
Cash At End Of Period: $331,900
This is an absolutely outstanding result - first $6-figure net profit - and this is just for the Jewelry Division before we add the Metaverse Division starting May 18 which will therefore have 6 weeks revenue included in 2022 Q2.
Inventory: $1,274,357
Cash: $331,900
Total Current Assets: $1,606,257
Total Other Assets: $807,834
Total Assets: $2,414,091
Sales: $3,002,298
Returns: ($76,799) - only 2.5% - excellent for totally on-line business
Total Net Sales: $2,925,499
Total Cost of Goods Sold: $2,311,707
Gross Profit: $613,792
Total Operating Expenses: $513,395
Net Income Profit: $100,397
Cash At End Of Period: $331,900
This is an absolutely outstanding result - first $6-figure net profit - and this is just for the Jewelry Division before we add the Metaverse Division starting May 18 which will therefore have 6 weeks revenue included in 2022 Q2.
(0)
(0)SFLMaven, Inc. (SFLM) Stock Research Links
"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.