If they manage full capacity sales:
26,000 cassettes per year.
@ $150ea and 65% GM is 2.5m gross profit. Maybe breakeven.
@ $250ea and 80% GM is 5.2m gross profit. Maybe few mil EBITDA.
Looking forward to MEM giving some visibility on pricing and margins. Hars to know whether we are getting a bargain at current SP or not.
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