Jakt July 2018 Financial Results
July revenue increased by more than 40% compared to June reaching ~$471,490. The increase was due to establishing a recruiting branch within the company as well as the start of new projects.
Gross margin remains steady at ~51% while Net Margin increased from 16% to 27%. The increase in Net Margin was the result of full utilization of existing operating resources which helped us reach the higher revenue numbers without incurring additional overhead.
As a result of the increased revenue and Net Margin, cash in the bank increased from ~$600,000 to ~$750,000.
The company is well positioned to continue growing and expanding its product offerings.
Wondering why we are releasing our financial results? read this.
Jakt July 2018 Financial Results
Accrual Basis
Revenue • $471,490
Gross Margin • $240,535 (51%)
Net Margin • $129,045 (27%)
Trailing 12 Month Revenue • ~$3,056,563.21
Cash Basis
Revenue • $435,685
Gross Margin • $272,295 (62%)
Net Margin • $159,465 (37%)
Team Members
Full-time, Part-time and Contractors • 34
Past Financial Results
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