ATP 12.2% 11.0¢ atlas pearls ltd

Ann: Kobe Auction Result and March Quarter Sales Update, page-11

  1. 1,281 Posts.
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    They made $28 million in revenue back in 2022-23 with the much lower prices they were achieving then & when pearl quality was lower, while still managing to pay off all debt during that period. They were able to exist & grow even with lower prices and a fair bit of debt.

    Unless things suddenly absolutely tanked beyond anything we've previously seen, they will likely be fine.
 
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