@FewPennies
thanks for your input FP.
So if in 2020 they made 1.3mill in revenue that translates to about 185,000 units x 2.87 = 533,000 profit.
according to that they would need to sell 1.75 MILLION UNITS in a year to BREAK EVEN.
Given the 4,500,000 supplier cost and 400,000 administrative costs. And this assumes these costs stay the same selling more units.
if others charge 300-400 per device it begs the question why Ho, who has a marketing background is only charging 7. I know investing in low income countries aren't going to be able to afford 300-400 but still. Seems illogical.
Happy to be corrected just a thought, cheers
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