I can see this playing out:
Fixed costs around $6m - maybe a bit less!
Run rate come December - Revenue maybe $12 - $5m with 40% margin! So close to break even with some lag of cash receipts etc.
By June next year revenue around $25 - $30m - delivering what should eventuate a profit of around $5m and looking to double each half year.
Chris Crawford is a vereran sales guy - plus has his team around him.
If they can layer on bedding, body armour, then military and eventually flame retardant - no reason sales could not get to $100m over a 3 - 5 year period!
Body armour, page-20
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