AJX 0.00% 1.0¢ alexium international group limited

Ann: AGM Presentation, page-19

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    Just playing around with some numbers which I hope appear on posting.

    First column is per the annual report showing our loss to 30 June 2019.
    Second column is based on a forecast , no not for 30 June 2020 - but based on a 12 month period perhaps starting early next year.

    If we assume that current annualised revenue is running at $8m pa ($2m per quarter) add in (as per the AGM) half of the current pipeline of $45m which they have said is in the late stages of closing - so say another $22m - that gives potential revenue of $30m pa. Assume a 35% margin and 5% increase in operating expenses and that the debt is fully paid off which is their stated hope -so no interest expense. Then I get them making a reasonable profit, without military and possibly without ICL.
    Are my figures wrong ? - Again just something to digest ...



    2019Forecast
    1Revenue5,059,039 30,000,000
    2Cost of Sales(3,453,297) 19,500,000
    3Gross Profit1,605,742 10,500,000
    4

    5Operating Expenses(6,408,915) (6,729,361)
    6Loss / Profit before Finance Costs(4,803,173) 3,770,639
    7

    8Interest Expense(2,793,604) -
    9Gain on embedded derivate629,642 -
    10Interest received27,614 -
    11

    12Loss / Profit before Tax(6,939,521) 3,770,639

 
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