DATABANK: ROBERT LICATA – Page 5

DataBank:

Congratulations to the 4th quarter bonus recipients.

Roy Marquez

Enrique Juarez

Ed Garza

DataBank is starting off the year on the right foot.  We are up 3% in revenue.  With companies getting back to business as usual we should see even better growth as the year progresses.    Labor continues to be a major issue.  We are presently looking for full time and summer help.  The rate of pay is $15.00 per hour and full time employees get health and 401K benefits.  If you know of anyone looking for work please have them contact Anthony.  We received our first batch of DataBank Surveys and I am proud to announce that we scored an excellent in every category.

Accounting

The accounting department is ready for the summer rush.  We have all the right people in place and they know how to work as a team.  I am especially pleased with the accounts receivable.  We are under 20% over 90 days past due and are collecting from accounts that owed us money since 2021.  This year with all our expenses going up ( gas, electric, property tax etc. ) it is extremely important that we account for and charge for every service we perform.  We cannot give away anything for free and expect to be profitable.

Thanks and be safe,

ROB