Revenue 2,052,476 1 Costs of sales -1,122,917 2 Employee benefits expense -1,730,818 3 -2,853,735
Put very simply (ignoring other overhead costs), for every $100 of revenue received they are burning $139 in manufacturing & employee costs. Not a great formula for building a profitable business?
On 31/12/2024 the cash balance is $2,896,419.
At the current cash burn rate of ($864,621) for 6 months, the cash will run out in 20 months.
The Clock is ticking.
Revenue2,052,476 Costs of sales-1,122,917 Employee benefits...
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.17M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.8¢ | $5.663K | 314.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1086574 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1420585 | 5 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| AT1 (ASX) Chart |