No. Based on the latest figures they have given us, the half yearly to 31st December 2018, increased revenue will be BAD.
The cost of sales was greater than the revenue. That's cost of sales before admin costs, wages, salaries, consultancy fees etc. so they were making a gross loss. Which means that, on that basis, the more the sell, the more they lose.
Nothing short of a set of accounts can tell you whether increased revenue is a good thing or not.
CGB Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held
