PEILCC 2023 Annual Report

STATISTICS Summary of Profit and Expense Ratios • Two-year Comparison

(in 000s)

2023

2022

Gross Receipts

$141,049

$131,561

Gross Profit

$40,492

$39,005

Net Income

$25,171

$24,914

General and Administrative Expenses

$18,705

$17,335

Gross Profit as a Percentage of Gross Receipts

28.71%

29.65%

Net Profit as a Percentage of Gross Receipts

17.85%

18.94%

General and Administrative Expenses as a Percentage of Gross Receipts

13.26%

13.18%

OUR SPENDING (IN 000’S) All Profits Stay Here

4%

9%

Operating Costs:

Salaries and Benefits:

6,217

12,489

144,434

Total Sales:

(Including other income)

49,885

56,682

35%

39%

Returned to PEI:

Cost of Product:

19,161

13%

HST & Other:

24

PEILCC 2022-2023 Annual Report