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Ann: VEEM Gyros Selected by World's Leading Super Yacht Builders, page-19

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    Hi,

    Any further thoughts on gross margin? The factory at canning sounds like it can reduce up to 100 gyro's per annum. Hard to know what sort of mix the 100 would be and what the demand would be, but if we said 25 of each size, the revenue would equate to 69mil at rrp. Gross margin of say 50%? Maybe 5% for sales and marketing? should mean an extra 30mil profit.

    If we assume the other parts of the business keep ticking along paying for G&A.

    The demand is the key here. Can they get 100 orders per year? Or more or less?
 
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