you said:
Gross margin is 15%...so $70m is breakeven and this announcement is predicting greater than $70m to June 2 30 2022. IE PROFITABILITY and positive cashflow.
I'm saying that even if they achieve $70m in 2022, it cannot be breakeven (so you are wrong); even the company release this morning states they are aim to be cashflow positive in FY2023 not FY2022 as you have stated.
I did not comment on shareprice etc etc.....just 70m in revenues, 48k (captive) customers and still not profitable......simialr businesses are profitable with 25% of those sort of numbers, so they are not quite benefiting from economies of scale and it certainly isn't down to one person......the board and mgmt have not delivered which is why the shareprice is where it is (and as @dunjo mentioned, the loan is also a huge cloud over this company....something mgmt said they would address last year).
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