PEILCC Annual Report 2022

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

(in 000s)

2022

2021

Gross Receipts

$131,561

$124,317

Gross Profit

$39,005

$37,555

Net Income

$24,914

$23,414

General and Administrative Expenses

$17,335

$16,918

Gross Profit as a Percentage of Gross Receipts

29.65%

30.21%

Net Profit as a Percentage of Gross Receipts

18.94%

18.83%

General and Administrative Expenses as a Percentage of Gross Receipts

13.18%

13.61%

Our Spending All Profits Stay Here

4%

9%

Operating Costs:

Salaries and Benefits:

5,901

11,434

134,805

Total Sales:

47,968

51,655

36%

38%

Returned to PEI:

Cost of Product:

17,847

13%

HST & Other:

28

PEILCC 2021-2022 Annual Report