We are pleased to announce our July Financial Highlights as follows (unaudited):
- July revenue of $667k, +64% to prior year and 10% ahead of budget.
- Year-to-date revenue of $4.6 million, +35% to prior year and 4% ahead of budget.
- TTM revenue of $8.1 million tracking towards $10 million sales target for FY 2017.
- Gross profit, operating expenses and EBITDA all within 2% of budget year-to-date.
- Closing July balance sheet reflects $1.0 million in cash and $1.4 million in net inventory.
Thank you for your 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.