CTV 0.00% 0.8¢ colortv limited

Quick run down of current situation, page-31

  1. 798 Posts.
    lightbulb Created with Sketch. 86
    From the announcement on the 11th of February - "Increase revenue (about half of every dollars of top-line revenue is EN1’sgross profit, which impacts the bottom-line net profit directly; gross profit overapprox. $350k monthly, brings the Company to profitability". So I guess what they are saying is they need to make over $350,000/month to become profitable again which means about $23,000 revenue per day is needed (remember they make about 50% profit on this) to break even.
    Last edited by Brighty Eyed: 29/03/19
 
watchlist Created with Sketch. Add CTV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.