Ann: EdenCrete - US Market Growth, page-19

@Crystaltrade

Complete and utter nonsense as usual.

You obviously don't understand the concept of margins. It actually takes about $5-6 of sales to add $1 in earnings to the bottom right hand side.

Assuming a realistic gross margin of 2o% EDE would need another $37.5M (1.5 million gallons) in sales. In case you aren't aware that would require a significant capital expenditure to upgrade plant and equipment plus new hires before revenue. That means even less 'profit'. So you will then need even more sales. That's how the $70M breakeven is estimated.