PEILCC Annual Report 2021

Statistics Summary of Profit and Expense Ratios Two-year Comparison

(in 000s)

2021

2020

Gross Receipts

$124,317

$121,113

Gross Profit

$37,555

$35,943

Net Income

$23,414

$22,469

General and Administrative Expenses

$16,918

$16,476

Gross Profit as a Percentage of Gross Receipts

30.21%

29.68%

Net Profit as a Percentage of Gross Receipts

18.83%

18.55%

General and Administrative Expenses as a Percentage of Gross Receipts

13.61%

13.60%

Our Spending All Profits Stay Here

5%

9%

Operating Costs:

Salaries and Benefits:

5,877

11,041

127,094

Total Sales:

45,243

48,096

35%

38%

Returned to PEI:

Cost of Product:

16,837

13%

HST & Other:

28

PEILCC 2020-2021 Annual Report