I can see this playing out:
Fixed costs around $6m - maybe a bit less!
Run rate come December - Revenue maybe $12 - $5m with 40% margin! So close to break even with some lag of cash receipts etc.
By June next year revenue around $25 - $30m - delivering what should eventuate a profit of around $5m and looking to double each half year.
Chris Crawford is a vereran sales guy - plus has his team around him.
If they can layer on bedding, body armour, then military and eventually flame retardant - no reason sales could not get to $100m over a 3 - 5 year period!
Body armour, page-20
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $15.73M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.0¢ | $4.212K | 408.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3043885 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 450000 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AJX (ASX) Chart |