MX1 1.37% 7.2¢ micro-x limited

Ann: Micro-X Market Update Nano Production Increasing, page-2

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  1. 2,372 Posts.
    lightbulb Created with Sketch. 716
    Sales in April of $0.5m. Sales of a further $1.5 million expected this quarter. So total sales this quarter of $2 million.

    What is not clear is how much Nano capacity will increase as a result of the $0.6m capital spend and $3.4m inventory spend.

    Costs were running at $4m last quarter, so would need to double output (of Nano and Rover when sales start) to get anywhere near breakeven if current capacity is around $2m per quarter.
    Last edited by edshann: 13/05/20
 
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