OurPet’s Company (OPCO) is Adapting to Change in the Pet Care Marketplace
The renowned physicist Dr. Stephen Hawking, famously said, “Intelligence is the ability to adapt to change”, an observation that OurPet’s Company (OTCQX: OPCO) lives by. Earlier this year, the company filed its annual report (10-K) for the financial year ended December 31, 2015, which showed that it is responding to a changing market environment with operational efficiencies and new product innovation. Net revenues for the 12 months ended December 31, 2015, were $23,819,189, an increase of $1,048,627 (4.6 percent) over revenues from the prior year. This growth resulted from increases in both unit sales and margins. Net income for 2015…