FirsTime Design Limited Announces First Quarter 2021 Results
ACCESSWIRE
25 May 2021, 07:19 GMT+10
PEWAUKEE, WI / ACCESSWIRE / May 24, 2021 / FIRSTIME DESIGN LIMITED (OTC PINK:FTDL) today announced financial results for the first quarter period ending March 31, 2021. First quarter highlights include:
Q1 2021 net sales and EPS growth of 119% and 519%, respectively
Increased working capital line of credit availability by 117% to $13,000,000
Paid off the Company s 5-Year Term Loan in under three years
Officially opened an additional Distribution Center in the Pacific Northwest
Financial Results Summary
Operational Results Summary
In a statement made by Christopher D. Bering, Chairman and CEO, he shared, The Company has posted record results in the first quarter of 2021. Traditionally, the Company s first quarter is the lowest revenue-producing quarter of our fiscal year however 2021 proved to be a significant exception. In addition to strength in our core business, our recentl
Christopherd-bering
Innerspace-luxury-products
Firstime-design
Firstime-manufactory-inc
Capital-allocation-committee
Distribution-center
Year-term-loan
West-coast
Financial-statements
Time-design-limited
Firstime-manufactory