RGT 0.00% 31.0¢ argent biopharma limited

Ann: March Quarterly Activity and Cashflow Report, page-15

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  1. 1,049 Posts.
    lightbulb Created with Sketch. 241
    Your comparison is not entirely accurate.

    MXC has 800k revenue , Cost of Good sold (COGS) is 768k, gross profit is 4%

    Althea (AGH) has 1.4 million revenue, COGS 597k, gross profit is 57% !!!

    I haven't seen a business can survive with a GP as low as 4%.
 
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