After looking at the recent qtr, it is apparent that this has the potential to be a very profitable business, if you can move products, especially your own.
Lets say AT1 moves 12 million devices pa at Avg $3.00 ( combination HIV + OEM + Others ) = $36 million p.a
Margin Say 50% on AT1 products only = $18mill GP
Take Away Fix Cost/Wages/Admin Approx $ 10 million pa
R&D another $ 3 mill P.a ( with the aim to increase products/sales)
Approx $ 5 mill p.a Free Cash Flow.
AT1 has the capacity to easily sell 12 mill devices per year.... IT JUST NEEDS THE CONSUMERS!!!
AT1 Price at posting:
11.8¢ Sentiment: Hold Disclosure: Held
