Key Points - Excellent 2022 Q1 Report - Filed May
Post# of 7028
(Total Views: 432)
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.
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