We are pleased to announce our Key Performance Highlights for January 2017. (Please note that these are based upon internally prepared financials and subject to adjustment at year end upon independent audit by Moss Adams).
- Added nearly three thousand new customers in January, an 83% increase over last year.
- Total HYLETE.com orders of $658k, +72% to prior year and 25% ahead of plan.
- Gross margin improvement from 52.7% last January to 55.9% this year.
- Operating expenses under budget and EBITDA $78k better than plan.
- Closing balance sheet cash of $1.2 million and inventory of $1.4M.
Thank you for your continued support!
*The unaudited financial information is preliminary and subject to potential adjustments. Adjustments to this financial information may be identified when a review of historic financial statements has been completed in conjunction with our year-end audit, which could result in significant differences from this preliminary unaudited financial information.