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Hi Hilly,It'll probably be around $4m in sales they'll need by...

  1. SebTaylor
    1,082 Posts.
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    06/05/19
    15:10
    Post #: 38430488
    Hi Hilly,

    It'll probably be around $4m in sales they'll need by Q4.
    I'm assuming a 35% margin.
    Sales of $4m will give product manufacturing costs of $2.6m and a gross margin of $1.4m.
    That $1.4m gross margin will then cover salaries, r&d, advertising and leases which should be reasonably stable and similar to current quarters.




    AJX Price at posting: 15.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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