DATABANK: ROBERT LICATA – Page 5

Databank – Covid-19

The DataBank department has been affected like most other businesses due to the Covid-19 crisis. These are the numbers that I can report so far through April.

DataBank storage up 7.0%
Containers purchased up 22.7%
Moving revenue down 4.1%
Total Revenue up 4.2%
Total Cost up 4.5%
Gross Profit up 3.1%

May’s numbers look really bad especially in the moving services portion of our business, but hopefully the worst is behind us and June will return some sense of normalcy.

Thanks everyone and please stay safe.
Rob