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Message: Will eDig improve its bottom line...? Of course....

Will eDig improve its bottom line...? Of course....

posted on Nov 12, 2009 06:24PM

What will the gain be?


Financial Statements for e.Digital Corp. (EDIG)

"Year over year, e.Digital Corp. has been able to grow revenues from $5.6M to $11.1M. Most impressively, the company has been able to reduce the percentage of sales devoted to cost of goods sold from 72.19% to 40.81%. This was a driver that led to a bottom line growth from a loss of $1.7M to a gain of $2.9M."

From Businessweek online
-iam
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