The total lack of understanding even even the most basic business principles (margins, overheads, fixed vs variable costs etc) on HC never ceases to amaze.
The Optiblend kits sell for ~USD60K. The gross margin is probably ~15K per unit.. For 300 kits the revenue is just $4.5million or barely 1/3rd current annual loss.
So you actually need to sell a minimum 4000 to make $60 million revenue or $15 million gross margin (enough to break even). To do that That involves a far larger (>20x) payroll, a vastly bigger factory, machinery etc etc. which involves far greater expenditure. So the real minimum sales is probably closer to 10,000 units a year with the current bloated corporate structure,
The reality is that EDE is decades away from profitability at current growth rates.
- Forums
- ASX - By Stock
- EDE
- Ann: OptiBlend - US Market Experiencing a Significant Upswing
Ann: OptiBlend - US Market Experiencing a Significant Upswing, page-23
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EDE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.216M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
EDE (ASX) Chart |
Day chart unavailable