Apr 14th 2012, 14:55 MLS MiLOS Designs
by firstdesigns Milos
MLS Posts Dividend to Shareholders
Please find attached below the financials for Quarter 1 2012 (January - March):
Revenue for Quarter 1 came in at L$147,120 (L$4,835 In-Store Sales, L$125,506 SL Marketplace Sales, L$16,779 Franchise Sales).
Other expenditure consisted of texture uploads, advertising on SL Marketplace and General and Administrative costs being Salaries paid to those people involved with MiLOS (excluding firstdesigns Milos). These costs amounted to L$34,440.
Other income amounted to L$1,400.
The depreciation charge for Quarter 1 2012 was L$18,674.
The information above regarding revenues and costs resulted in a Net Profit for Quarter 1 2012 of L$95,406. L$35,000 was paid out as a dividend; with net Retained Earnings of L$100,127.
All below information relates to Quarter 1 of 2012 (January to March)
Operating Profit Margin: 76.59%
Net Profit Margin: 64.85%
Number of Shares Outstanding: 2,000,000
Net Value per Share: L$0.2719
Earnings per Share: L$0.0477
Dividends per Share: L$0.0175
Please feel free to contact me in-world or via email (email@example.com) if you have any questions.
Chief Executive Officer - MiLOS Designs
|Total Amount of Dividend||L$100,000.00|
|Number of shares outstanding||2000000|
|Dividend per share||0.05|
Dividend posted successfully, and all shareholder accounts have been credited.