RE:Out!IN the nine months ending Sept /2021 vs Sept /2020 why such a loss in 2021 when revenue was ~ the same?
2021 2020
Sales $ 1,019,691 $ 1,090,753
Loss ($ 2,028,479) (1,200,003) On the plus side, the company has no major debt to speak of.
The cash position for the same time periods $697K vs $132K
Let's see how the year-end will look?
They need to generate more revenue and manage to keep expenses down. Once this company shows year-end profits is when we begin to see appreciation in the SPP.
jmo
G1945V