• 3 Posts
  • 8 Comments
Joined 1 year ago
cake
Cake day: July 2nd, 2023

help-circle



  • Very close to being profitable. Revenue from sales is less (typically not a great indicator), but cost of sales is reduced as well as SG&A, so the business is more efficient. Hence improved overall.

    Cash position very similar to last year.

    All in all this isn’t bad result.

    Descressing sales is a concern, but hard to really understand without more detailed info. While it could mean your competition has taken market share, it could also mean better focus on more profitable products.