The 35% margin, is the margin you get from production, revenue less cogs, it doesnt include, the running of the company, hence why i have used 20% ebitda, might be alot less than that, because you have fixed costs that need to be spread out, the lower the revenue the higher the fix costs per sale are.
We all agree that sales need to be around $20m a year to be close to breakeven. Therefore cash reciepts need to get to 5m a quarter. I cant see ajx being ebitda positive next quarter, so another missed timeline
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