Revenue may have risen in recent years, but so have costs.
They are only at breakeven in the first 3 quarters on operating cash. Last quarter who knows (see above)?
They made losses in 2017-18 and 2018-19. Despite the rising revenue it is probably break even at best this year.
That is why I sold and why the market cap is $3 million. They need more size to be profitable given the low margin, but have been unable to deliver.
No contracts yet in eastern States which could provide scale, but are just a cost at present.
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0.3¢ |
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Mkt cap ! $594K |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $10.71K | 3.572M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2700000 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 943464 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2700000 | 0.002 |
4 | 5801498 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 943464 | 1 |
0.004 | 158685 | 3 |
0.010 | 400000 | 1 |
0.040 | 500000 | 1 |
0.000 | 0 | 0 |
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