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Built for the scrappy entrepreneur, not the accounting expert. Koino is the simplest and most efficient way for business owners to take control of their finances.
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Profit margins showing recovery after initial decline
The current year's gross profit margin shows a strong start at 100% in the first month but then declines sharply to approximately 63.31% in the second month, indicating potential challenges in maintaining cost efficiencies or changes in sales mix. The absence of data from the previous year makes it difficult to draw direct comparisons, but the initial drop suggests an area for further investigation to identify any operational or market-driven factors impacting margins. The zero values from the third month onwards could indicate missing data or ongoing operational issues that need addressing to prevent long-term financial instability.
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