RE:Financial ResultsWith more patients comes more equipment and therapists. Just look at the currently open job positions. I guess this is something we have to live with, their revenue will grow at a fast rate, net cash increase, not so much. But this probably don't mean a lot more right now, since cash are being used to build the company. Equipment have a 10 year life time, and patients live 17 months average. So they can reuse it many times. I don't think they can do a lot to cut the costs. But things will probably start going when they get some pilots to grab patients in bulks. Revenues might also be higher in the child respiratory market.
TheEgyptian wrote: The growth in revenue for the ast 12 months is great,extra 1230 active patients and extra revenue of $4M.Looking at net income it is less then last year due to increase in selling and admin expenses.
So the company expenses are 70% more then last year which defeat the purpose of a business unless there is a plan to reduce cost,otherwise what's the purpose of the business?
Waiting for the CC to hear more about the cash on hand and where is the company heading for growth.