EDE 0.00% 0.2¢ eden innovations ltd

Ann: Half Yearly Report and Accounts, page-4

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  1. 17,063 Posts.
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    actually costs reduced a significant amount compared to previous year while revenue was up by $615,000 resulting in a net loss of $4.148m vs previous year $5.526m.

    Last full year loss to June 2018 was around $11m
    This year I would guess it would end up with a loss of around $7.5-8m if revenue slowly increases with the DOT projects.

    It will be interesting to see if the Koreans decide to start using Edencrete on a bigger scale, or some of the other iniatives such as the NY readymix contractors, or MARTA or Parchem start to make a contribution. If so maybe they will come close to their target of breakeven in 2020.
 
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