DW8 Growth, page-12924

You fear because you read bullshit about the company going bust. Soon as he mentioned CPA I realized he has no idea. Bean counter should stick to dividend shares.

The company has ample funds for at least 4 quarters 'as is'. Some large suppliers are due to be on boarded by Q4 FY22 = within next few months that will change the dynamics of the business resulting in less cash burn. There are also 5 x warehouses that can be flipped for additional cash flow.

Business is on track for 3M cases run rate & $65M GMV in 12 months.

3M x $15 = $45M revenue.
$65M GMV x 7% = $4.55M revenue.

This time next year will have near $50M revenue run rate & near break even. Half yearly gross profit was 57% x $50M = $28.5M & expenses are currently about $20M but will go up around 50% due to doubling in cases volume.