70% margin on an additional $1m inventory equates to $1.7m in sales, not profits. This equates to 700k revenue, not profits.
Fixed costs...salaries, advertising, insurance, utilities etc... then come out of the revenue, leaving some profits, that is ...some earnings.
Now you can talk about positivity, if there is any.
70% margin on an additional $1m inventory equates to $1.7m in...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.691M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 148634 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 220199 | 1 |
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