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    lightbulb Created with Sketch. 1249
    I think you're under estimating the margins IMO.
    Gross margins are up to 75% on ZNO products, but a safer estimate is probably around 66%..
    Overheads last year were $3.235m, say $4m-$5m for this year depending on volume.
    $20m sales = $13.2m GM , $9.2m NP (NZD)
    $40m sales = $26.4m GM, $21.4m NP (NZD).

    Last edited by Tarvold: 07/02/20
 
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