Agoracom

Last Mile has a very interesting business model that has huge growth potential. Looks like they are growing nicely...any other comments..

Revenue for the third quarter of 2007 was $502,639, a 19% increase over the third quarter revenue of $422,864 in 2006. The Company attributes this increase primarily to sales initiatives that have resulted in the addition of several new customers in 2007, ranging from local retailers outsourcing their delivery services to national freight companies contracting for regional "last mile" specialized services. Revenue for the nine months ended September 2007 amounted to $1,341,388, an increase of $44,097 over the same period in 2006.

Gross margin for the third quarter of 2007 was $223,712, a 33% increase over the gross margin of $167,954 in the third quarter of 2006. In addition to the increase in revenue, the Company attributes this gross margin improvement to management's focus on operating cost efficiencies. Gross margin for the nine months ended September 2007 amounted to $582,654, an increase of $87,471 over the same period in 2006, as this focus on improved efficiencies with drivers and vehicle routes generated benefits throughout the year.