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0.00% 0.2¢ eden innovations ltd

Ann: Investor Presentation, page-11

  1. PigsMightFly
    7,705 Posts.
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    08/09/23
    23:04
    Post #: 69792809

    You are a textbook case of Dunning-Kruger. You don't even understand the most basic concepts but think everybody else is wrong.

    FYI breakeven occurs when profit (not revenue) equals costs.

    Engineering firms have gross margins of only 5-10%. So the breakeven revenue is actually $60-120M.


    Last edited by PigsMightFly: 08/09/23
    EDE Price at posting: 0.2¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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