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Ann: Quarterly Activities and Cash Flow Report - March 21, page-18

  1. Mr-Chow
    867 Posts.
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    06/06/21
    13:51
    Post #: 53676169
    Interested to read they're confident of breakeven:

    Using $USD

    - Expense run rate (excluding COGS) = $5m
    - Requires sales (@ 50% GM) = $10m

    So their Q3 annualised sales run rate of $3.2m would have to grow 3x to deliver on this.

    Might need some clarification from management.




    NGS Price at posting: 19.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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