I am happy to be schooled here however...Please explain how everyone is jumping around talking about line wipes and +1 cent etc
Receipts for the quarter $ 667
Tax income $160
Product manufacturing and operating cost $1069 ( How much does the honey cost to make....Don't the bees do all the work?)
advertising and marketing $ 172
staff cost $417
admin and corporate cost $ 102
So for the quarter they lost $933,000 roughly....Plus or minus some cash for interest and some small research fees.
They would want to start paying those bees less or charging more for the product. You can only bleed cash for so long......
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- Ann: Appendix 4C - June Quarter 2020
Ann: Appendix 4C - June Quarter 2020, page-25
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