Message Font: Serif | Sans-Serif
No. of Recommendations: 0


I'm new to investing so you can take what I have to say as not being worth much, but hear is what I see looking at the financials of REMX on excites money/investing page for 1996, 1997, & 1998.

Cash has decreased all 3 years ina row, but assets are growing, property & equipment has tripled and, revenues continually are grwoing. It looks like REMX is just using it's cash to grow the business and if the finally reach an equilibrium level maybe they can start accumulating their revenue as cash.

By the way, being a temp agency I don't think cash is as critical as with another company but as you said it is always nice to have some on hand for an emergency.

Expenses are up around 47% it looks like and I am in th e process of reviewing the 97 & 98 10-K to find out if there is anything unusual about this. If someone else beats me to it, please post.

Liabilities have only increased 28% while asstes have increased 50% in that 3 year period. Cost of sales have decreased by about 4% also in that 3 year period.

Hope any of this helps.


Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.