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How many machines do they need to sell a year to break even?How...

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    How many machines do they need to sell a year to break even?
    How is that loss to be funded every year till they break even and then , heavens forbid, they actually make a profit ?

    Their corp costs , director and employees costs are around $10m per year . If we pretend they have a GP of 50% , that means they need to earn $20 m in revenue to cover their bloated costs .

    You said they expect to sell 20 machines to make $1m.

    They will need to sell 400 per year to make $20m in revs , which in turn , gives a $10 m in GP , to cover their bloated costs .

    This is before they make a profit !

    Please explain why they should have a share price / market cap of $50m ?

    What multiple do you value dreams at ?
 
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