IOT 0.00% 0.1¢ iot group limited

Ann: PURCHASE ORDER UPDATE, page-15

  1. 17,232 Posts.
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    App securities stated the IOT margin may be higher than the normal 10-15%.
    Lets even use a 30% margin......roughly $90 profit per until sold.

    3600 sales (that we know about) = $324,000 "product" gross  profit.

    Out for that figures needs to come commissions to USA reps, wages to USA reps, all marketing costs, delivery costs, wages/admin and development costs from IOT.

    **Also need to pay the factoring service.
    **Also require the (from memory) the circa 20% deposit to get AEE (new production).
 
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Currently unlisted public company.

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