Isodiol International Inc ISOLF

Excellent Financials! Big Bump on Monday!

[picktheright]

I was so nervous all day for the fact that financials were NOT released in the morning. I thought of selling my positions many times throughout the day. However, I’m super glad that I didn’t press the panic sell button.

Highlights: 
***Total revenues of $22,248,171, an increase of 16.26 per cent over the prior year 
*** Gross profits of $7,378,194, realizing gross margins of 33.16 per cent
*** Total fourth quarter revenue of $9,089,401, a historic number for the company

Also, some may think there cash balance is low, however, please note this statement doesn’t include the payment of $5 million they received on June 29, 2019 from the sale of BSPG, yet to receive another $4 million from the same said sale