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70% margins on an additional $1m inventory equates to $1.7m in...

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micc

119 Posts.

51

23/04/20

07:24

Post #: 44201824
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Originally posted by soud ↑

I think you forgot that the first half year revenue includes almost a million dollars as R and D Tax deduction which Cellmid will not get in the second half. So even if you add the inventory value you will still end up with a loss of almost 1.3 million dollars.

The company has potential to be in the black and the answer indeed is staring at you in the same table. Administration and salaries (I do not know why the word salary has been omitted) amounts to $ 2.838 millions and total revenue from retail business is $3.659 millions, a whopping 77 percent of revenue. That is one area that the company could focus on as part of overall cost reduction. it can be done but requires commitment.

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70% margins on an additional $1m inventory equates to $1.7m in profit. Given CDY's history of selling almost everything they produce every quarter which you can't even deny. That still implies the company would be positive $400k (1.7-1.3) even if you subtract the $1.3m R & D Tax.

Too early in the morning maybe?

CDY Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $3.229M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$2.57K	367.1K

Buyers (Bids)

No.	Vol.	Price($)
1	600000	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	160000	1

View Market Depth

No.	Vol.	Price($)
1	600000	0.007
4	616675	0.006
4	1166833	0.005
2	525000	0.004
1	250000	0.002

Price($)	Vol.	No.
0.008	160000	1
0.010	150000	2
0.012	290100	2
0.014	445077	2
0.022	4000	1

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