Q1 2022 Financials Some will be disappointed in
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Posted On: 05/16/2022 10:38:18 PM
Q1 2022 Financials
Some will be disappointed in the $366k Sales amount others will dig deeper and find the $281k in Gross Profit very satisfying.
BIEL managed to squeeze more Gross Profit out of Q1 2022's $366k in Sales than Q1 2021's $599k in Sales.
That is a Fact, Q1 2022 = GP of $281k. Q1 2021 = GP of $273k.
BIEL is doing an excellent job of controlling its 'Cost of Goods'. Great job Team BIEL!!
Bottom Line, BIEL made more Profit in a 'Year over Year' comparison, Q1 2022 vs Q1 2021.
BIEL also made more Profit in a 'Last Quarter' comparison, Q1 2022 vs Q4 2021..
Some will be disappointed in the $366k Sales amount others will dig deeper and find the $281k in Gross Profit very satisfying.
BIEL managed to squeeze more Gross Profit out of Q1 2022's $366k in Sales than Q1 2021's $599k in Sales.
That is a Fact, Q1 2022 = GP of $281k. Q1 2021 = GP of $273k.
BIEL is doing an excellent job of controlling its 'Cost of Goods'. Great job Team BIEL!!
Bottom Line, BIEL made more Profit in a 'Year over Year' comparison, Q1 2022 vs Q1 2021.
BIEL also made more Profit in a 'Last Quarter' comparison, Q1 2022 vs Q4 2021..
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