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Ann: Market Update - Q1 March 2021, page-68

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  1. 812 Posts.
    lightbulb Created with Sketch. 545
    Quick calculations on remunerations paid to Key Personnel over the last 5 years......

    Total remunerations $12.7 mil
    This represents over 26% of gross revenue.
    In the 2020 year total remunerations represented over 47% of gross revenue.


    RevenueNet ProfitRemunerationTotal Cost% of Revenue
    2016$1,730,649.00-$2,285,347.00$1,038,626.00$1,274,456.0073.64035
    2017$3,825,406.00-$1,834,481.00$1,168,356.00$1,682,109.0043.97204
    2018$15,707,100.00$557,558.00$3,024,763.00$4,587,655.0029.20752
    2019$19,757,000.00-$1,309,000.00$1,867,560.00$1,918,646.009.711221
    2020$6,878,000.00-$25,326,000.00$3,294,758.00$3,264,366.0047.46098

    $47,898,155.00-$30,197,270.00$10,394,063.00$12,727,232.0026.57145








    Guess they cashed in on that capital raise......
 
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