Ann: Calix Limited Results Presentation FY24, page-73

making some profit?
you mean making a massively increased loss on last year?
perhaps you didnt see the minus sign in the -13 million dollar loss. The numbers are relatively easy to follow, 26million sales 13 million dollar loss, so that means they spent 39million dollars in order to sell 26 million dollars, which is like bhp losing 27 billion dollars and people saying “but they are going to use their tech for making clean agriculture”
no they are not, calix cant even make their calcine technology work for their own magnesium, they buy in magnesium oxide from qld magnesia because their technology doesn’t work efficiently enough to compete.