In the Q2, Security National Financial Corporation's corporate clients experienced a reduction by -5.01 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -1.28 %. During the corresponding time, Security National Financial Corporation saw a revenue deteriorated by -6.27 % year on year, sequentially revenue grew by 5.26 %. While revenue at the Security National Financial Corporation's corporate clients recorded rose by 3.34 % year on year, sequentially revenue grew by 4.11 %.
Customers of Security National Financial Corporation saw their costs of revenue decrease by -5.01 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -1.28 %, for the same period Security National Financial Corporation revnue deteriorated by -6.27 % year on year, sequentially revenue grew by 5.26 %.
Security National Financial's Comment on Sales, Marketing and Customers
The Company provides pre-need cemetery and mortuary products through cemetery sales representatives who also sell funeral plan insurance. Customer outreach methods include telephone sales prospecting, mail responses, billboards, advertising, referrals, and door-to-door canvassing. Through SecurityNational Mortgage, the Company operates in the residential real estate market, originating various residential mortgage loan products approved by HUD, Fannie Mae, and other investors. These mortgage lending services are marketed primarily to real estate brokers, builders, and consumers, with a significant retail presence in Utah, Florida, Texas, Nevada, Arizona, and additional states. The Company is also engaged in real estate development, including the Center53 Development project in Salt Lake City, which is planned to provide nearly one million square feet of office space and parking facilities. Customers and markets referenced include Security National Life and SecurityNational Mortgage.
Security National Financial’s Comment on Sales, Marketing and Customers
The Company provides pre-need cemetery and mortuary products through cemetery sales representatives who also sell funeral plan insurance. Customer outreach methods include telephone sales prospecting, mail responses, billboards, advertising, referrals, and door-to-door canvassing. Through SecurityNational Mortgage, the Company operates in the residential real estate market, originating various residential mortgage loan products approved by HUD, Fannie Mae, and other investors. These mortgage lending services are marketed primarily to real estate brokers, builders, and consumers, with a significant retail presence in Utah, Florida, Texas, Nevada, Arizona, and additional states. The Company is also engaged in real estate development, including the Center53 Development project in Salt Lake City, which is planned to provide nearly one million square feet of office space and parking facilities. Customers and markets referenced include Security National Life and SecurityNational Mortgage.
Sources:
Security National Financial Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Security National Financial Corporation’s corporate clients.
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