Post by
mutjwo on May 24, 2022 11:34am
mixed opinions
Yes, ScreenPro did face a loss in their Q1 financials as some investors have pionted out again on this board...however this is the first year listed, so of course there will be a loss, plus start up costs and expenses are apart of starting and building a business. Large expenses and losses were related to RTO but that was a one time circumstance loss/1 time expenditure losses which happens when youre building a business.
Next Q will significantly improve considering there wont be any losses of expenses, seems like upcoming Q will focus on the positive covid sales/tests and positive amount of inventory they listed to further advance them in the business to make more profit now. Besides their core business in Covid testing which is always growing, their Concierge Medical business is also growing.