Investor Presentaiton

RESULT OF THE GROSS MARGIN ANALYSIS (Table 2) • The total revenue over the same period was N27849400 (185662.70USD) while the gross margin was N4,846,040 (32306.93 USD). This implies that on the average a fresh fish marketer incurred N511,185.78 (3407.91USD) as variable cost and earned N618,875.56(4125.81USD) as monthly revenue. • This result indicates that a fresh fish marketer earns an average of N107, 689.78(717.91USD) monthly as gross margin. This reveals that fresh fish marketing is averagely profitable in the study area.

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