Aug. 11 at 11:58 AM
$IFUS https://www.otcmarkets.com/file/company/financial-report/584310/content
Quarterly report wasn't amazing but some good things are happening.
A few notes:
- Revenue declined 16% year over year.
- Net profit margin improved from 28.9% to 36.2%, roughly a 5% increase.
- Total liabilities decreased 9% from
$773,540 to
$701,623.
At the end of the day, the company generated less revenue, but it became more profitable and reduced its debt burden year over year. The company exercised their right to raise more money from shareholders in 2026 and has invested in better equipment to fulfill the increase in the demand for IFUS products. If what Marc has been saying is actually happening, next year could be a turning point for the company. Time will tell!