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0.00% 0.2¢ eden innovations ltd

Ann: EdenCrete - US Market Growth, page-24

  1. Zonnald
    4,277 Posts.
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    18/08/22
    23:03
    Post #: 63201191
    So wait. On one hand, we are led to believe that to earn $1 we have to $70 million in sales. (up from 60 last time) so every company needs to earn $70 million to make $1 dollar.

    "- Based on 20% gross margins EDE needs $50-70M in annual sales to be profitable"
    So don't start a business you can't make $50 to $70M in sales? - does that sound right?
    EDE Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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