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Collectors Universe Inc. Message Board

  • dbtunr dbtunr Aug 29, 2013 2:40 PM Flag

    email from CFO explaining margins and stats page

    I asked about margins, Shanghai expenses and stats page being "Off". Very fast response.

    1) The gross profit margin has varied between 59% and 64% on a quarterly basis over the last three years. Our best fiscal quarter is Q3 and we earned 64% in Q3, FY 2103. So the 63% is just a little short of that and was this high as we had strong Q4 revenues. The start-up costs that for Shanghai were small in Q4.

    2) The stats page can have timing differences as they are measured at a different time in the grading process and reflect the last 30 days. So, in terms of the numbers that support the revenues you should look at the published numbers in our filings.

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