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SWVC NEWS- 8k IN 1-2 DAYS!!!!
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[QUOTE]Originally posted by sandor butosi: [QB] SWVC 8K released today and it is positive. Company made profits in 2006 and 2007. Posted by: az_maverick In reply to: cargo_hauler who wrote msg# 76138 Date:10/23/2007 11:48:43 PM Post #of 76159 Margin Analysis for latest six months...this is what counts (GOING FORWARD) From my reading here is what I gather: Prior Year Same Period Sales: $2,529,031 Current Year Same Period Sales: $1,871,483 Decrease of 26% as stated in 8k BUT, Prior Year Same Period Gross Profit: $737,556 Current Year Same Period Gross Profit: $804,533 Increase of 4% as stated in 8k SO THAT MEANS GROSS MARGIN PERCENTAGES ARE AS FOLLOWS Prior Year Same Period Gross Margin %: 29.1% Current Year Same Period Gross Margin %: 43.0% Do the math people...MORE DOLLARS TO THE BOTTOM LINE ON LESS SALES. 43.0% IS HUGE!!!! Their strategy is definitely working [/QB][/QUOTE]
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