I am struggling with a few points after looking at the report. Any help greatly appreciated.
1. was there an answer to sents query on the 15% profit margin? 90% sales via Powereagle at an 8% margin makes 15% look high. No comment on the margin by the company.
2. $25m in revenue seems to require an average selling price received by Vmoto of over A$500 for the bikes, higher than previous estimates. What do we now think are realistic estimates of average revenue per bike to Vmoto on the Powereagle, China direct and Emax channels? (p.s also I think previous threads had talked gross margins of 8%, 20% and 36% respectively on these lines beforehand but I cant quite remember)
vmoto profitable, page-53
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