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I think things are going in the right direction.Nice profit for...

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  1. 10,543 Posts.
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    I think things are going in the right direction.Nice profit for the market cap .Debt has been reduced.My only concern is they should be making more profit.Revenue has increased by 57%.Gross margin was slightly higher at 45% versus 44% prior period.The lines that increased were the salaries which looks interesting.Anyone have an insight into the salaries.I guess the amortisation and production engineering costs would have been claimed somewhere in R&D. Still not sold on the China relationship.If they had posted a profit which added $300k plus based on a 57% increase in sales the share price would be moving now.
 
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Currently unlisted public company.

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