At 40% gross profit margin, EN1 is already achieving double the standard margin in this industry.
NOW, at 45% margin, this is even more impressive.
To put it into perspective for some who dont see it clearly. The $59k/day revenue at 45% gross profit margin is the same as $66375/day revenue achieved at 40% margin.
In other words, i take it as EN1 has achieved $66k daily revenue at previous margin of 40%. This is a major news event today indicating EN1 has truely turned around the corner and is now officially in growth and expansion stage.
DAILY REV = $66K AT 40% GROSS PROFIT.
EN1 Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held