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Thanks for putting your numbers together. At 213k production...

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    Thanks for putting your numbers together. At 213k production units this is some 10fold from where we are. When looking at the raw numbers it cetainly requires significant sales growth, the net $250 seems a small profit target, which requires a big uplift in production / sales to be worthwhile. Where did you get $250 net profit figure from?
    From looking at the published numbers, of which there are missing peices to properly project and sanitize, however the strategy appears to be expanding its retail footprint, building the brand. With a $250/UNIT ???, currently would not leave a lot of fat after absorbing fixed and operational costs. I calculated an average sale price of $2288, but that doesn't make a great deal of sense either. Price must be discounted????
    I googled E_max prices and found the price/model range is $2430 to $6482 with the km range increasing with price, So I would be expecting sale prices of 5000 to $6500/ unit. Makes more sense relative to the $10k price tag of rival share ride company bikes as discussed in the Q&A session.
    As I said there are missing peices to be able to acurately substantiate the projection. I think breaking even in the last year was a fundammental stamp of approval, relative to SP. PE is nice and low providing plenty of SP movement.. Currently the share price is growing really well.
    Units sales / production numbers are not prjected in the presentation, what are peoples estimate for 2021? 40,000???? that would be Double 2020 numbers?
    I apologise if the message is a little jumbled, I was trying to substantiate projections based on actual numbers, which fell a little short.Ill review the stat accounts when published.
 
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