Very encouraging financials!
Sure the company is still making a loss but those numbers have reduced due to significant increases in revenue and not just cost cutting. Furthermore, revenues are expected to increase materially as more products are launched.
Seems like only a matter of time when the hopefully ever-growing revenue exceeds the costs and the company will be swimming in profits. Looking forward to the next 12 months!
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- Ann: MSB Reports Q3 Financial Results and Operational Highlights
Ann: MSB Reports Q3 Financial Results and Operational Highlights, page-7
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