RFX 0.00% 9.7¢ redflow limited

I would think Gross Margin should be higher than cashflow as...

  1. cyw
    3,318 Posts.
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    I would think Gross Margin should be higher than cashflow as overhead cash items like head office expenses are not included in cost of goods sold.  If they can sell 130 batteries a month without much delay in cash receipt and not increasing cost by much, we definitely will be cashflow positive.  I think it will be about even if they can sell 100 batteries a month.

    Tim did not give much guidance on future sales volume in the conference call, only said it will take a while before we become cashflow positive.  I hope "a while" does not mean over 2 years.

    So far everything is on track and I believe RFX has good potential to come good in a couple of years time.
 
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