Based on an historical 16% inventory to revenue and an expected revenue of $40 to 50 m for the fy24, inventory requirements would be circa $8m. Meaning that VMT could have generated up to that much in cash flows by using the balance sheet; this would have been enough to pay for all tranches, plus a little cash generated by operations... If things don't deteriorate I would think we may not make a loss at all this year.
if we are "forced" to lease the new factory we might get $1m a year in rent, rates are low in China meaning debt investments like real estate (leasing) wouldn't yield much.
Based on an historical 16% inventory to revenue and an expected...
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.09M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $42.72K | 387.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 170793 | 4 |
View Market Depth
| Last trade - 14.52pm 15/11/2024 (20 minute delay) ? |
| VMT (ASX) Chart |