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If gross margins improve to long term aim of 40% then CIO could...

  1. moreld
    512 Posts.
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    22/09/17
    11:29
    Post #: 27392406
    If gross margins improve to long term aim of 40% then CIO could be cash flow positive on a little over $3M quarterly sales.

    If margins improve to 30% then CF+ on around $4 million sales. If margins remain around 20% then $5-6 million quarterly sales needed. All of that of course depends on sensible cost management.
    CIO Price at posting: 3.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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