FBR 2.27% 4.3¢ fbr ltd

Ann: FBR Corporate Presentation, page-156

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  1. 3,141 Posts.
    lightbulb Created with Sketch. 1452
    So they should be able to make a machine for significantly less than $2m. Lets say it is $1m. They have $21m in the bank right now, so if they make 10 more machines with it, they have a path to good revenue. Still not enough to grow fast enough.


    Each machine if it worked 40 hours per week at 1000SBE per hour and $1 per SBE, this would be $40k revenue per week. A dozen HX would give them $480k revenue per week.


    It is definitely a longer game objective. They will need some cash at some point though.

 
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