ORGANO GOLD Income Statement
Country:
MEXICO
IN MXP Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
YTD
%
REVENUES Product Sales
41,443,054
36,594,421
44,693,772
29,575,607
26,368,189
26,777,421
25,592,405
22,615,577
24,397,114
25,537,944
17,489,546
37,545,163
358,630,213
Shipping Income
-
-
-
Other Revenues
-
-
-
Sales Returns
-
-
-
Chargeback
-
-
-
TOTAL REVENUES
41,443,054
100.0% 0.0% 0.0% 0.0%
36,594,421
44,693,772
29,575,607
26,368,189
26,777,421
25,592,405
22,615,577
24,397,114
25,537,944
17,489,546
37,545,163
358,630,213
100.0%
7,770,080
9,396,047
6,348,331
5,739,868
5,229,642
5,083,972
5,070,040
4,787,725
4,794,181
4,037,798
6,103,061
73,148,677
20.4%
COST OF GOODS SOLD Product
8,787,930
Freight, duties, brokerage
-
-
-
0.0%
Shipping Costs
-
-
-
0.0%
Warehousing & other costs
-
-
-
TOTAL COGS
0.0%
8,787,930
7,770,080
9,396,047
6,348,331
5,739,868
5,229,642
5,083,972
5,070,040
4,787,725
4,794,181
4,037,798
6,103,061
73,148,677
20.4%
32,655,123
28,824,341
35,297,725
23,227,276
20,628,321
21,547,778
20,508,433
17,545,537
19,609,389
20,743,764
13,451,748
31,442,102
285,481,536
79.6%
Weekly
4,360,956
7,389,433
6,258,565
7,486,924
3,955,981
4,049,282
4,717,299
3,268,607
4,200,749
2,443,669
3,363,894
3,039,883
54,535,242
15.2%
Monthly
3,821,141
3,217,179
2,639,766
3,007,030
2,142,026
1,858,542
1,934,167
1,530,692
1,710,469
1,864,585
1,669,715
1,804,213
27,199,527
7.6%
7,384,699
6,646,651
9,119,418
5,726,892
5,138,447
5,222,673
13,358,328
52,597,107
14.7% 37.5%
GROSS PROFIT OPERATING EXPENSES Commission
Adjustment from Head Office
-
-
8,182,097
10,606,613
8,898,331
10,493,954
6,098,007
13,292,523
13,298,117
13,918,716
11,638,110
9,446,701
10,256,282
18,202,425
134,331,876
Merchant Processing Fees
1,320,668
1,067,839
1,301,458
805,550
686,009
711,240
766,968
700,560
630,164
626,415
471,270
831,281
9,919,422
2.8%
Salaries and Other Benefits
1,960,637
1,233,200
2,373,462
1,174,001
1,267,865
1,505,474
1,905,858
1,678,277
3,435,772
1,556,753
1,846,261
2,101,721
22,039,281
6.1%
Office Rent
256,562
230,456
230,715
234,870
228,113
294,118
225,456
265,046
258,712
390,912
308,453
217,220
3,140,633
0.9%
Professional Fees
170,616
160,342
209,879
233,057
1,127,449
913,100
355,001
368,674
2,002,278
269,439
264,708
231,648
6,306,192
1.8%
Travel and Entertainment
222,559
193,072
158,118
75,400
55,100
39,003
22,986
46,888
68,140
94,661
141,207
39,975
1,157,110
0.3%
Transportation
939,372
1,202,144
1,344,747
1,293,241
1,197,589
952,426
1,008,285
1,075,918
1,780,451
853,927
911,884
216,740
12,776,724
3.6%
3,384,831
84,659
245,550
193,995
364,782
162,778
75,000
14,890
2,156,996
2,118,648
2,217,197
223,195
11,242,519
3.1%
Marketing Expenses Bank Charges Repairs and Maintenance Depreciation/Amortization Other Office Expenses Head Office Invoices Administration Fee Marketing Support I.T. Fees Call Center Fees Other H.O. Expenses TOTAL OPERATING EXPENSES
247,560
-
176,451
48,113
186,068
19,207
42,214
29,596
77,724
11,237
12,832
23,148
22,431
0.0%
896,582
0.3%
33,137
33,137
33,717
43,017
34,928
34,928
34,686
34,486
34,486
34,048
41,775
42,213
434,558
0.1%
654,329
703,907
397,644
812,947
910,506
488,024
499,222
511,182
753,594
880,836
649,719
550,400
7,812,311
2.2%
1,196,330
1,161,886
2,334,047
1,195,439
972,548
1,261,606
1,247,241
2,382,655
129,568
2,147,322
722,958
1,142,410
1,137,816
603,054
208,163
588,257
819,063
882,943
1,058,599
1,844,258
95,866
81,557
1,106,021.35 317,538.90
864,300 -
660,797
272,107
260,287
367,193
1,018,416
1,344,948
971,808
1,476,229
10,613,831
7,240,032
11,292,291
8,569,596
11,211,426
8,631,026
8,506,716
566,329
(247,045)
(848,014)
(58,542)
(123,855)
(644,812)
1,465
1,448
1,715
1,934
1,732
1,808
(53,880)
(74,597)
(53,763)
(35,626)
(102,216)
(44,681)
78,902
11,881,319
3.3%
1,737,919
11,960,226
3.3%
1,621,678
5,185,332
1.4%
94,389
1,499,575
0.4%
75,772
173,503
1,033,260
672,469
1,218,730
983,125
9,118,765
2.5%
6,322,314
14,076,358
10,886,161
9,106,864
8,913,936
115,370,551
32.2%
205,338
714,150
(585,769)
1,022,545
142,873
32,771
175,970
0.0%
1,563
1,679
1,843
2,018
2,249
2,268
21,723
0.0%
(45,038)
(27,480)
(9,358)
(34,998)
(16,247)
(1,449,225)
(1,947,108)
-0.5%
82,242
OTHER INCOME (EXPENSES) Exchange Gain/Loss Interest Income/Expenses Other Income/Expenses TOTAL OTHER INCOME (EXPENSES)
513,915
(320,194)
(900,061)
(92,233)
(224,339)
(687,685)
161,863
688,349
(593,284)
989,565
128,875
(1,414,186)
(1,749,414)
-0.5%
14,373,111
10,657,503
14,207,041
4,071,493
3,094,549
(1,063,455)
(1,134,536)
(2,007,144)
(6,698,363)
1,400,467
(5,782,523)
2,911,555
34,029,696
9.5%
Provision for Income Tax
4,311,933
3,197,251
4,262,112
1,221,447.77
928,365
-
-
-
-
420,140
-
873,466
15,214,715
4.2%
Provision for Profit Sharing, if applicable
1,437,311
1,065,750
1,420,704
407,149.26
309,455
-
-
-
-
140,047
-
291,155
5,071,572
1.4%
NET INCOME (LOSS)
8,623,866
6,394,502
8,524,225
2,442,896
1,856,730
1,746,933
13,743,409
3.8%
INCOME (LOSS) BEFORE TAXES
(1,063,455)
(1,134,536)
(2,007,144)
(6,698,363)
840,280
(5,782,523)