CFO 0.00% 0.2¢ cfoam limited

Finally! Some numbers to derive a valuation! Very impressed with...

  1. 67 Posts.
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    Finally!
    Some numbers to derive a valuation!

    Very impressed with the margins and revenue from effectively 2 months.
    315k+5k raw material expenses
    511k receipts from customers
    513k in inventories


    CFOAM will crack 3m revenue pretty quick.

    Financials look good, EBITDA (stripped out) looks great and hopefully we see some good growth between now and the next earnings.

    I haven't pipped up earlier but some of the discussion here has been ridiculous. I know someone will bring up PFOAM again and frankly it is irrelevant at this stage. CFO don't have to release jack in relation to any contracts or future revenue, guidance is nice but not necessary. CFOAM is the core underlying business and is looking great, the rest is just a free kick at this stage.
    We know the earnings profile on CFOAM now which is enough to understand the company.

    Remember, earnings drives valuation!
    See you all in 6 months!
 
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