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Ann: OptiBlend - US Market Experiencing a Significant Upswing, page-25

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28/07/21

23:12

Post #: 54851750
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Originally posted by PigsMightFly: ↑

The total lack of understanding even even the most basic business principles (margins, overheads, fixed vs variable costs etc) on HC never ceases to amaze.

The Optiblend kits sell for ~USD60K. The gross margin is probably ~15K per unit.. For 300 kits the revenue is just $4.5million or barely 1/3rd current annual loss.

So you actually need to sell a minimum 4000 to make $60 million revenue or $15 million gross margin (enough to break even). To do that That involves a far larger (>20x) payroll, a vastly bigger factory, machinery etc etc. which involves far greater expenditure. So the real minimum sales is probably closer to 10,000 units a year with the current bloated corporate structure,

The reality is that EDE is decades away from profitability at current growth rates.

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all your supposition.

you are making it up as you go.

when you have facts on gross profit, maybe someone will take you seriously.

EDE Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
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