$REX American Resources (REX.US)$Over the past 5 years, reve...
$REX American Resources(REX.US$Over the past 5 years, revenue has shrunk amid fluctuations in the previous 4 years, doubling to 775 million in 2022, while operating profit turned a loss to 69 million in 2022, and net profit reached 62 million.
Revenue continued to grow 16.4% in the first 3 quarters of 2022, but gross margin fell sharply. Instead, operating profit fell 52%, and net profit fell only 13.3% due to interest income.
Currently, the price-earnings ratio is 11.2 and the price-earnings ratio is 14.2. Although revenue is still growing, gross margin has returned to a low level and is unattractive.
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