From Cedar Jan 2020 to Present2020
Q1 - 809,000 revs.....721,700 loss
Q2 - 1,954,000 revs.....868,400 loss
Q3 - 4,862,000 revs.....451,300 loss
Q4 - 4,752,000 revs.....2,964,000 loss
2021
Q1 - 19,045,000 revs.....9,560,000 net earning
Q2 - 10,448,000 revs.....850,000 net earning
Q3 - 10,821,000 revs.....170,000 net earning
Q4 - 8,715,000 revs.....1,490,000 loss
2022
Q1 - 10,714,000 revs.....1,352,000 net earnings
Q2 - 7,627,000 revs.....1,357,000 loss
Grand Totals
79,747,000 revs
4,079,000 NET or a 5.1% profit margin......here is what google says about profit margins, this is why we an 8 cent stock folks, potential and pipeline just don't matter.....yet!
What is a Good Profit Margin? You may be asking yourself, “what is a good profit margin?” A good margin will vary considerably by industry, but as a general rule of thumb, a 10% net profit margin is considered average, a 20% margin is considered high (or “good”), and a 5% margin is low.