don't forget a large portion of the $1.4m they spent last quarter on product/manufacturing was for stock in advance which had a wholesale value of circa $6m as mentioned in the previous quarterly - I don't expect them to be spending as much on stock this quarter so I expect them to be operating CFP yet again!
also remember this - $6m in wholesale value at 58% gross margin = $3.48m in gross profit to BIO
makes the true EV look very very cheap/attractive when you take off this $3.48m + circa $3m in cash !
disclaimer I own shares in ASX BIO
do not rely on anything I say
do your own homework & research
Ann: Biome surpasses $7m sales revenue target, page-13
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Last
73.8¢ |
Change
0.018(2.43%) |
Mkt cap ! $157.7M | |||
| Open | High | Low | Value | Volume |
| 73.5¢ | 73.8¢ | 73.5¢ | $22.92K | 31.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 73.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 10126 | 3 |
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| Last trade - 10.06am 18/09/2024 (20 minute delay) ? |
| BIO (ASX) Chart |