Hi Cappy
Just because you put figures out there does not mean they are valid.
The only valid ones come from the company so I go by their call on being EBITDA positive by the 4th quarter this calendar year.
Sales figures were not reported in the quarterly, just cash receipts were reported. Not sure how many times you have called it revenue now.
I believe the company is advising higher margins than your calculation so not sure where your 20% margin comes from. If it comes from the quarterly best you look up the definition of cash v accrual accounting.
Have a nice day Cappy.
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