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<br />Income Statement Summary
<br />Sales 22,234,470$ 100.0%23,012,405$ 100.0%(777,935)$ -3.4%24,371,637$ 100.0%(2,137,167)$ -8.8%
<br />Cost of Good Sold 11,040,552 49.7%11,149,833 48.5%(109,280) -1.0%12,622,711 51.8%(1,582,159) -12.5%
<br />Gross Profit 11,193,917 50.3%11,862,572 51.5%(668,655) -5.6%11,748,926 48.2%(555,009) -4.7%
<br />Operating Expenses 8,252,607 37.1%8,254,656 35.9%(2,049) 0.0%8,297,330 34.0%(44,723) -0.5%
<br />Depreciation 1,324,055 6.0%1,072,189 4.7%251,866 23.5%1,215,896 5.0%108,159 8.9%
<br />Amortization 2,004,575 9.0%1,956,483 8.5%48,091 2.5%1,936,803 7.9%67,772 3.5%
<br />Income from Operations (387,320) -1.7%579,244 2.5%(966,563) -166.9%298,897 1.2%(686,217) -229.6%
<br />-
<br />Interest Expense 1,127,800 5.1%1,126,140 4.9%1,660 0.1%1,283,062 5.3%(155,263) -12.1%
<br />Loss (Gain) on Disposal of Assets - 0.0%(8,648) 0.0%8,648 0.0%255,390 1.0%(255,390) -100.0%
<br />Management Fee - 0.0%- 0.0%- 0.0%- 0.0%- 0.0%
<br />Other Non-Operating Expense - 0.0%(1,184) 0.0%1,184 0.0%- 0.0%- 0.0%
<br />Tax Provision 7,806 0.0%7,806 0.0%- 0.0%17,343 0.1%(9,536) -55.0%
<br />Net (Loss) Income (1,522,926)$ -6.8%(544,871)$ -2.4%(978,054)$ -179.5%(1,256,898)$ -5.2%(266,028)$ -21.2%
<br />Unadjusted EBITDA 2,941,311 13.2%3,609,100 15.7%(667,790) 18.5%3,451,597 14.2%(510,286) 14.8%
<br />Adjustments - 0.0%- 0.0%- 0.0%89,433 0.0%(89,433) -100.0%
<br />-
<br />Adjusted EBITDA 2,941,311$ 13.2%3,609,100$ 15.7%(667,790)$ 18.5%3,541,029$ 14.5%(599,719)$ 16.9%
<br />YTD CY YTD Fcst Variance YTD PY Variance
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