September revenue was ~ $320,000, a slight drop compared to August, but overall remaining steady in comparison to average monthly numbers. Revenue was once again composed of existing projects as well as the addition of new ones, which offset the projects that came to an end.
Gross Margin for September was ~39%, a decrease compared to August due to increased spend associated with COGS. Net Margin also dropped from 13% to 8%.
Jakt continues to invest in new business ventures, which has slightly decreased cash.
The company is stable and taking the necessary steps to further grow in a more efficient and effective way.
Wondering why we are releasing our financial results? read this.
Jakt September 2018 Financial Results
Revenue • $320,450
Gross Margin • $124,900 (39%)
Net Margin • $25,000 (8%)
Revenue • $319,168
Gross Margin • $121,240 (38%)
Net Margin • $3,500 (1%)
Trailing 12 Month Revenue • ~$3,470,300
Full-time, Part-time and Contractors • 31
Past Financial Results