Bit new watching this one .
Annual financial statements looked pretty ordinary.
Main concern is the very low gross profit margin combined with a loss around $1.9m
How long does the research funding go for as this seems important for cash flows?
The beach toes acquisition doesn't seem to add much on the face, but you never know .
The $2.4m sales agreement would add $400k at best to the bottom line . A big loss would still be likely.
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- All round disappointment......
Bit new watching this one .Annual financial statements looked...
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